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Gas Stations

  • Casey’s income up 6%, misses expectations

    Ankeny, Iowa -- Casey's General Stores said that its net income climbed 6% to $39.3 million in the most recent quarter, fueled by new stores. But rising costs for some commodities cut into its profit margins and its results fell shy Wall Street expectations.

    The company's overall profit margin fell to 14.2% from 17.2%.

  • Supervalu selling 107 fuel centers

    Eden Prairie, Minn. --- Supervalu announced the sale of 107 fuel centers located in the Midwest, Intermountain West and West Coast regions following the acceptance of four separate bids to purchase the centers. The transactions include the majority of fuel centers within the Albertsons, Cub Foods, Hornbacher’s and Jewel-Osco banners.

  • Staples adding Ryder natural gas vehicles to fleet

    Miami -- Ryder System announced that it and Staples have agreed to add 10 heavy-duty compressed natural gas (CNG) tractors to Ryder’s dedicated fleet servicing Staples. The tractors -- the first of their kind used in Staples’ third party dedicated operations -- will replace ten diesel tractors currently used by Ryder for Staples, and have been made available through Ryder’s natural gas vehicle project agreement with the San Bernardino Associated Governments in Southern California.

  • Kroger acquires Memphis-area Schnucks stores

    Memphis -- The Kroger Co. said Friday that its Kroger Delta Division, based in Memphis, has acquired eight Memphis-area Schnucks grocery stores that the company will convert and re-open under the Kroger banner over the next few weeks.

    Currently, Kroger operates 37 stores in the Memphis metropolitan area, and the acquisition ups the area store count to 43, with two of the acquired Schnucks locations replacing two smaller existing Kroger locations.

  • Inflation feeds Winn-Dixie ident-store growth

    JACKSONVILLE, Fla. — Inflationary increases, sales growth at remodeled stores and a boost from fuelperks! helped drive up Winn-Dixie's second quarter identical-store sales, while net sales dipped.

    According to Winn-Dixie's chief Peter Lynch, Winn-Dixie is riding a strong headwind into fiscal 2012 powered by a number of influencers — a marketing program that better sustains margins, its loyalty program Fuelperks!, an improved stocking system and a significant focus on improving the customer experience.

  • Pantry CEO steps down

    Cary, N.C. -- The Pantry said Monday that CEO Terrance M. Marks plans to resign within two months.

    In a statement, Marks said that his decision was driven by personal reasons, and that he had accepted "an opportunity that will enable me to return to my home and family in Atlanta."

  • BJ's beats expectations

    WESTBOROUGH, Mass. — Strong performances in key categories and higher gas profitability helped BJ’s Wholesale Club exceed its earnings guidance for the second quarter. The company reported net income for the period ended July 30 of $45.7 million, or 84 cents per diluted share. The company's guidance called for net income in the range of $40.5 to $42.5 million and earnings in the range of 74 cents to 78 cents per diluted share. For the second quarter of 2010, BJ's reported net income of $35.8 million, or 67 cents per diluted share.

  • Retail sales in U.S. climb by highest percentage in four months

    Washington, D.C. -- A report released Friday by the Commerce Department said that retail sales in the U.S. rose 0.5% in July, the most in four months and demonstrating that consumers may be holding their own in a tumultuous economy.

    The 0.5% increase matched the Bloomberg News median forecast followed a 0.3% gain in June that was larger than estimated. Excluding auto sales, purchases rose more than projected.

  • Winn-Dixie hits the gas on fuelperks! expansion

    TAMPA, Fla.— Winn-Dixie Stores announced that beginning Tuesday, guests using the new Winn-Dixie Customer Reward Card (CRC) at any of the grocer’s 95 stores in the Tampa/St. Petersburg, Tallahassee, Gainesville, Fla., Albany and Columbus, Ga. areas, can earn significant fuel discounts at participating Shell stations. The savings are part of Winn-Dixie’s fuelperks! Rewards Program.

  • The Pantry profit edges up in Q3

    Cary, N.C. -- C-store operator The Pantry reported Tuesday that net income for the quarter ended June 30 rose to $19 million from $18 million the year before.

    Same-store merchandise revenue dipped 1.5%.
     

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