The Energy Information Administration predicts gasoline demand will plummet 24% from 2012 to 2040. What is causing this plunge in projected forecourt demand? How is it affecting convenience retailers? And how should they react?
A brand-new RV makes thorough use of space through technology, taking every available inch and expanding living space when the vehicle was stationary for the night. The coolest reminded me of merchandising innovations such as mobile displays and suction-cup devices that create more efficient c-store spaces.
With retail fuel margins getting tighter, we recently have had multiple clients ask us our opinion on offering cash and credit pricing at the pumps. I am very much in favor of this option, while my business partner feels it is not a great solution. Here's why ...
When Hess Corp. filed for a tax-free spinoff of its retail business in January, could deal makers ever have imagined that the convenience store brand as they knew it would completely cease to exist in just three short years? The iconic bold green-and-white logo will soon make way for another icon, albeit a Midwestern one: Speedway’s red-and-white logo.
Plunge in oil prices sets the stage for record margins and boost in in-store sales. Also In This Issue: Profitability skyrockets for top performers! Other channels seek to redefine convenience! The economy enters a new stage. The growing health-and-wellness trend. Fuel demand; oil's slide; multicultural momentum; and data, data, data!