Shell has taken an equity stake in Virent Energy Systems Inc., (Virent) and begun a joint technology program, aiming to convert plant sugars directly into diesel. Since 2007, Shell and Virent have been conducting a joint research and development effort to make biogasoline from plant sugars, culminating late last year in the start-up of a…
Bid Deadline for Pantry Sites Announced
A bid deadline of July 20, 2010 has been set for the 74 sites throughout the Southeast being divested by The Pantry Inc. NRC Realty & Capital Advisors LLC (NRC) noted that details on each available property are now available online. Properties being sold include a mix of convenience stores with gas, stand-alone convenience stores,…
BP Responds To Gulf Oil Spill
BP is ramping up its response to the oil spill in the US Gulf of Mexico. More than 2,500 personnel are now involved in the response effort and well-advanced preparations are being made for a major protection and cleaning effort on the shorelines of Louisiana, Mississippi, Alabama and Florida. A fourth onshore command centre, in…
Targeting Customers Through Store Design
When Towns Mart enlisted the services of Design Fabrications (DFab) to create an inviting shopping environment for a new store it was constructing in Washington Township, Mich. in 2007, the chain was looking to broaden its customer base through an upgraded design. “We were targeting female and upscale customers by trying to achieve an open…
Fueling Awareness
Lion Uniform Group, a provider of direct purchase apparel programs, plans to partner with businesses nationwide again this year for Fueling Awareness, a Workforce United for a Cure, a campaign to advance breast cancer awareness. As part of the campaign, employees in workplaces across the country wear pink ribbon Awareness Apparel to show their commitment…
Shells Launches New Shell Drive For Five Card
Shell Oil Products U.S., in partnership with its credit card issuer Citi, is launching a new Shell Drive for Five Card. The Shell Drive for Five Card will offer new cardholders the opportunity to save five cents per gallon on Shell-branded fuel. Shell believes the new card is one of the first proprietary cards with…
The Sky’s the Limit
Making your mark in the convenience store industry requires hard work, dedication, great people and outstanding service. Throw in three generations of family-owned leadership and a firm commitment to quality and value, and you’ll understand why High’s of Baltimore Inc. is among one of the most revered operators in its markets. “Our brand has been…
Embracing Automated Cash Control
More convenience store operators are phasing out their drop safes and replacing them with sophisticated cash management systems that perform a variety of functions more easily and quickly than ever before. One of those is the linking of computer networks for easier access to information throughout the organization. In doing so, cash shrinkage due to…
Royal Dutch Shell stops gasoline sales to Iran
Royal Dutch Shell has stopped gasoline sales to Iran, the latest addition to a growing list of firms, including BP, that have halted supplies or decided not to enter new trade agreements under threat of future U.S. sanctions, Reuters reported. “Shell currently does not supply gasoline to Iran,” a Shell spokesman said. U.S. politicians are…
Shell Changes Executive Pay
Shell is changing the way it rewards senior managers, less than a year after shareholders revolted against its executive-pay policies, the Wall Street Journal reported. In a letter to investors, Hans Wijers, chairman of Shell’s remuneration committee, said salaries paid to Chief Executive Peter Voser and Chief Financial Officer Simon Henry-who stepped into their current…