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Wednesday, January 27, 2010 VOLUME 10 ISSUE 18  


PETROLEUM
Farmers Union Oil, Bloom Oil Merge
New distributorship dubbed Creative Energy
Recent Headlines
A complete archive of recent news in the petroleum category
TECHNOLOGY
Recent Headlines
A complete archive of recent news in the technology category
FOODSERVICE
New Leadership at Boyd Coffee Co.
Newman named president and CEO
Recent Headlines
A complete archive of recent news in the foodservice category
The Pantry's Foodservice Opportunities
Fare: The latest in multi-channel foodservice news
FINANCIAL
Lee Oil Revenue Tops $78.2 Million
Company reports 21st consecutive year of profitable operations
Recent Headlines
A complete archive of recent news in the financial category
SNACKS & CANDY
Recent Headlines
A complete archive of recent news in the snacks & candy category
BEVERAGES
Full-Strength Beer for Colorado C-Stores?
New bill sent to House committee
Recent Headlines
A complete archive of recent news in the beverages category
TOBACCO
NYC Lawsuit against Online Cigarette Vendor Dismissed
And cigarette-makers challenge Fla. ruling
Recent Headlines
A complete archive of recent news in the tobacco category
SERVICES
Best of Business
Royal Buying Group honored for information services
Recent Headlines
A complete archive of recent news in the services category
MERCHANDISE
Recent Headlines
A complete archive of recent news in the general merchandise category

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Mean Margins
From 31 cents to 15: Gasoline revenue settles back into familiar territory
By Steve Holtz

MEMPHIS, Tenn. -- One year ago, many retailers were hailing the fact gas prices were dropping from record highs as the savior of their financial year. The near-record-high margins per gallon—some nearing 31 cents—provided a welcome boost after nine months of sliding volumes.

A recent report of four major public convenience store companies’ gasoline margins shows the yearend data from three of the four well under the levels of a year ago, and down even from the period ending September 2009.

FULL STORY
 

Gas Station Drive-Thru View
Good Day Wisconsin features Express Convenience Centers

APPLETON, Wis. -- Following on the success of a first site, Express Convenience Centers is adding a second drive-thru service at one of its gas stations in Appleton, Wis., reported Good Day Wisconsin.

Managers said any merchandise in the store that a customer needs can be bought through the drive-up window, with employees getting the items for the customer.

FULL STORY & MULTIMEDIA
 

Retail Sales Outlook
National Retail Federation forecast 2.5% bump in consumer spending for 2010

WASHINGTON -- The National Retail Federation released its 2010 economic forecast yesterday, projecting retail industry sales (which exclude automobiles, gas stations and restaurants) will increase 2.5% from last year.

According to its quarterly Retail Sales Outlook report, influential economic indicators, such as the housing market and employment, are beginning to show positive signs, which will bolster consumer confidence throughout the year. Total industry retail sales for 2009 declined 2.5%.

FULL STORY
 

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[MORE]

FUEL PRICES
Weekly Rack Prices
DTN data for week ended Jan. 22, 2010
Average U.S. Retail Gasoline Prices
EIA data, Jan. 25, 2010
Average U.S. Retail Diesel Prices
EIA data, Jan. 25, 2010
Alternative Fuels Index National Roundup
EMI data for week ended Jan. 22, 2010

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