By John Lofstock, Editor When Greg Ehrlich joined Certified Oil Co. in 2006, the company set myriad of goals aimed at upgrading the brand’s retail image, redesigning the convenience stores and developing a comprehensive loyalty program. With the projects complete, Ehrlich will step away from the day-to-day operations of Columbus, Ohio-based oil company and assume…
Valero Adds Touch-Screen POS System
Valero Energy Corp. has approved the Nucleus point-of-sale (POS) system by Dresser Wayne, an innovator of fuel dispensers and technologies, for implementation at Valero-branded fuel sites across the U.S. The popular touch-screen POS system has demonstrated its compatibility with the Valero payment network and seamless integration with Valero operations. To celebrate the announcement, both Dresser…
Delivering the Goods
Winning Over CPG Customers According to a new study commissioned by MEI Computer Technology Group Inc., there is an increased emphasis on improving trade promotion effectiveness, as consumer packaged goods (CPG) manufacturers look to bolster the value and return on their trade spend, and capture wallet share from consumers. Despite the current climate,…
Valero Launches Rewards Club
Valero Marketing and Supply Co. has partnered with Outsite Networks to launch the Valero Rewards Club loyalty program in its wholesale marketing channel of 4,000 sites. This is the first scalable, customizable loyalty program offered by a major oil company that is deployable across a diverse set of dealer and distributor stores and geographic regions.…
Valero Selects Spacenet as a Broadband Provider
Valero has added Spacenet to serve as a provider for its broadband network managed services and offer connectivity to its nationwide branded wholesale locations. Spacenet Inc., is a wholly owned subsidiary of Gilat Satellite Networks Ltd., and a provider of broadband network solutions. Valero, an independent refiner in North America and a retail operator with…
Valero Exits Delaware City
San Antonio-based Valero Energy Corp. has discontinued operations in Delaware City after completing the sale of its terminal operation there to Delaware City Refining Company LLC and Delaware Pipeline Company LLC, wholly owned subsidiaries of PBF Energy Company LLC. Valero received total proceeds of $220 million from the sale. Valero had announced the sale of…
Valero Texas Open Raises $8 Million for Charity
The Valero Texas Open and Benefit for Children Golf Classic have raised $8 million for children’s charities. Despite the lingering economic difficulties facing all industries, the amount generated for charity matches last year’s total, and is likely once again to make the Valero Texas Open the top fundraising event on the PGA TOUR. Funds are…
Valero Reports Q1 Results
In the first quarter of 2010, Valero Energy Corp. reported a loss of $101 million from continuing operations (or $0.18 per share) compared to the first quarter of 2009 gain from continuing operations of $364 million ($0.70 per share). The first quarter 2010 operating loss was $32 million, versus first quarter 2009 operating gain of…
Valero Adds Policies To Prevent Underage Tobacco Sales
The Valero company has agreed to a set of measures aimed at reducing tobacco sales to minors at more than 4,900 gas station convenience stores operating nationwide under Valero trademarks, Iowa Attorney General Tom Miller announced Wednesday. “Valero owns 1,000 convenience store outlets and has nearly 4,000 franchise outlets, so this will make a difference,”…
Valero Donates Equipment To Firefighters
San Antonio-based Valero Renewable Fuels is donating more than $40,000 in funds and equipment to 10 local fire departments in Midwestern communities where the company owns ethanol plants, the Boston Herald reported. Valero owns the former VeraSun plant in Aurora, S.D. The San Antonio, Texas-based company will also pay tuition and travel expenses for 20…