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Special Announcement
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Get The Data That Drives The Petroleum & Convenience Industry Today!
Order your copy of the 2007 NPN MarketFacts today for the introductory price of only $195 (plus shipping and handling).
To order your print copy and/or CD version of the 2007 NPN MarketFacts edition, please click here
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News Items
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In New England: Verc switches to Gulf brand in move to cut costs
Verc Enterprises, Duxbury, Mass., plans to convert all of its Exxon-branded stations to the Gulf brand by the end of the year, according to an April 17 article in The Enterprise by A.J. Bauer of GateHouse News Service. All told, Verc plans to convert 14 stations in Massachusetts and New Hampshire, according to the article. (Full Story)
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Leahy: Tesco's Fresh and Easy stores will 'last a generation'
The chief executive of Tesco hit back at critics of its Fresh & Easy Neighborhood Markets, claiming that the fledgling U.S. chain will "last a generation," according to an April 16 article by James Hall, retail editor for The Telegraph, a U.K. newspaper. (Full Story)
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Florida lawmakers oppose cigarette tax
A plan to tax cigarettes an extra dollar a pack could go up in smoke now that Gov. Charlie Crist and several Republican lawmakers have said they're opposed to the Florida Senate plan, WESH.com reported April 16. (Full Story)
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OPW anti-vapor devices to go in Beijing gas stations before Olympics
OPW Fueling Components said it is supplying more than 130 VaporSaver 1 units for use by oil companies in China. (Full Story)
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BP finishes pullout in North Dakota
Oil company BP has finished its pullout in North Dakota, The Associated Press reported April 15. (Full Story)
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EIA: gasoline prices highest ever; diesel surpasses $4 per gallon
For the third consecutive week, the U.S. average retail price for regular gasoline moved higher, setting another all-time record of 338.9 cents per gallon, according to the April 16 issue of "This Week in Petroleum," published by the Energy Information Administration (EIA). (Full Story)
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Getty Realty appoints negotiator to deal with Lukoil in lease battle
Getty Realty Corp., Jericho, N.Y., said it has appointed one of its directors to deal with its primary tenant, the U.S. arm of the Russian oil giant Lukoil, which wants to shed nearly half of the 890 gas stations it leases from Getty, reported James Bernstein in the April 15 edition of Newsday. (Full Story)
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Dover announces acquisition of Neptune Chemical Pump
Dover Corp., Grand Rapids, Mich., announced April 15 that it completed the acquisition of Neptune Chemical Pump Company. Neptune will become part of Dover's newly-formed Pump Solutions Group (PSG) within the Fluid Management segment. Terms of the transaction were not released. (Full Story)
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VeriFone announces Payware PC for payment acceptance
VeriFone Holdings, Inc. on April 15 announced PAYware PC, the next generation of its PCCharge payment processing solution for standalone or integrated environments. (Full Story)
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Oil rises above $113
Oil set new record highs, above $113 a barrel on April 15, as investors sought to hedge against a battered dollar, according to a Reuters report. (Full Story)
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AAA: Rhode Island gasoline prices reach all-time high
Gasoline prices in Rhode Island are at an all-time high after rising four cents over the past week, reported the Providence Business News, citing as its source the AAA Southern New England weekly fuel-price report. (Full Story)
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In Minneapolis, operators focus on in-store sales for profit
Gas stations are turning to convenience stores to make up for rising credit-card fees that are cutting into fuel profits, according to an April 14 article by Steve Alexander in The Star Tribune. (Full Story)
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In Colorado: approval of Sunday liquor sales stirs up another debate
Colorado Gov. Bill Ritter's April 14 signing of a law to permit Sunday liquor sales may signal a beginning rather than an end to the battle over suds on the Sabbath, according to an article by Ed Sealover in The Gazette, a Colorado Springs newspaper. (Full Story)
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McDonald's targets convenience stores
McDonald's is setting its sights on taking business away from convenience stores, a company memo reveals, according to United Press International, which cited Crain's Chicago Business as its source. (Full Story)
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Gilbarco Veeder-Root debuts payment security
Gilbarco Veeder-Root on April 9 unveiled a copyrighted process at the company's Retail Systems Users' Conference at the Homestead Resort in Hot Springs, Va., designed to help retailers develop their customized payment security and compliance programs for the fuel island and in-store POS. (Full Story)
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Fleet One announces new MAPCO partnership for Fleet Cards
Fleet One, a provider of fuel cards and fleet-related payment solutions to businesses and government agencies with vehicles, announced a new partnership with MAPCO Express, Inc. to upgrade its Fleet Advantage program to better serve its growing customer base. (Full Story)
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7-Eleven to hold its third 'Innovation' event
7-Eleven, Inc. is looking for the next Slurpee beverage, portable grill product, eco-friendly packaging, kid-appealing toy or whiz-bang prepaid service at an invitation-only Innovation event in June. (Full Story)
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Dover Corp. establishes Pump Solutions Group
Dover Corp., Grand Rapids, Mich., announced April 11 the establishment of its Pump Solutions Group (PSG). The Pump Solutions Group joins Dover's major brands, Wilden, Blackmer, with Griswold and Almatec to form a cohesive pump organization with a broad array of pump technologies totaling over $300 million in annualized revenue. (Full Story)
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Lukoil to sell 162 of its less profitable stations in the U.S.
Lukoil, the Russian oil company, has decided to sell 162 of the more than 1,800 gas stations it owns in the United States because the sites, in Pennsylvania and New Jersey, are less profitable than other Lukoil investments, the company said, according to an April 11 article by Andrew Kramer in the online edition of The New York Times. (Full Story)
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Gas Station TV asks: Do you want to be a star?
Are you driven to be a star? Now is your big chance for your face to be seen on TVs across the country by over 30 million viewers every month in over 500 U.S. cities, according to Gas Station TV. (Full Story)
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In Omaha: City council signs off on liquor licenses for gas stations
Four former Kum & Go stores in eastern Omaha were given City Council approval to continue selling beer after the new owner promised to banish thugs and hookers from the properties, according to an article by C. David Kotok in The Omaha World-Herald. (Full Story)
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Clinic to oversee Kwik Trip food preparation, delivery
Kwik Trip has contracted Marshfield Clinic's food safety division to monitor preparation and delivery of a line of products made fresh daily at the new Kwik Trip commissary facility near La Crosse, Wis., said Jay Ellingson, director of the company's food safety division, according to an April 11 article by Liz Welter in The Wausau Daily Herald. (Full Story)
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VeriFone introduces protection for consumer card data
VeriFone Holdings, Inc. on April 9 introduced VeriShield Protect, a system designed to thwart continuing criminal efforts to gather unencrypted account holder data via breaches of merchant networks, applications and servers that come in contact with consumer credit and debit card information. (Full Story)
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Product of the Week
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Franklin Fueling Systems Environmental Monitoring System
Franklin Fueling Systems Environmental Monitoring System (TS-EMS) can perform in-station diagnostic vapor recovery (VRM) and secondary containment monitoring (SCM) and interface to an existing tank gauge. The TS-EMS is a standalone ISD system, approved by the California Air Resources Board (EC VR-202). With the TS-EMS, customers can meet the California ISD requirements without having to replace their existing tank monitor. Dispenser based disabling allows only the affected dispenser to shut down, keeping the rest of the station up and running in the event of and ISD alarm. Ethernet-ready, web-based remote access provides the user with remote access to VRM status information, reports and alarm information using any web browser. Users can create custom rules to send emails and text messages on alarms and events directly from the console to service and compliance personnel. The gauge includes a user-friendly touch screen interface with icon-based navigation and the scalable open architecture allows for easy and cost-saving future upgrades.
Franklin Fueling Systems
www.franklinfueling.com
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Calendar of Events
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Atlantic Regional Energy Expo - AREE08
April 22-24
The Atlantic City Convention Center
Atlantic City, N.J.
(973) 467-1400
E-mail: info@areetradeshow.com
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NACStech 2008
May 5-7
Grapevine, TX
Gaylord Texan
(800) 966-6227
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NYACS Trade Show & Convention
May 14-15
The OnCenter
Syracuse, NY
(518) 432-1400
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SIGMA 2008 Spring Convention
May 18-20
Westin Hilton Head Island Resort & Spa
Two Grasslawn Ave.
Hilton Head Island, SC
(703) 709-7000
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NAOHSM's 55th Annual Convention & Trade Show
May 18-22
New Conn. Convention Center
Hartford, Conn.
www.naohsm.org
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For a complete list of industry events, go to NPN's calendar web page.
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Published By NPN Group | © 2008 NPN Group | All Rights Reserved
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For more information on NPN MarketPulse, contact:
Keith Reid, editor-in-chief
M2MEDIA360
NPN Group
Ph: 847-720-5615
Fax: 847-720-5601 |
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This newsletter is protected by United States copyright and other intellectual
property laws and may not be reproduced, rewritten, distributed, re-disseminated, transmitted, displayed, published or broadcast,
directly or indirectly, in any medium without the prior written permission of M2MEDIA360.
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