DENVER—Alta Convenience, a joint venture between affiliates of Fortress Investment Group LLC and a subsidiary of Phillips 66, said it has acquired Western Oil’s 46 Petro-Mart stores and 39 wholesale dealers. Western Oil, founded by George Eble, Jr. over 30 years ago, is a petrole...
ALEXANDRIA, Va.—Tri-State Petroleum Corporation has sold its 25 company-operated petroleum marketing and convenience retail stores, eight wholesale dealer accounts and two commercial fuels bulk plants located in the tri-state region of western Pennsylvania, northern West Virginia...
ALEXANDRIA, Va.—Instagram has released its 2022 Instagram Trend Report, which explores what trends are up next for the coming year, as defined by Generation Z. “Next-gen audiences are consistently creating the future and defining trends on Instagram. Instagram is where teens, cre...
ALEXANDRIA, Va.—The Biden Administration has released its Trucking Action Plan, which aims to improve trucker retention and recruit more truck drivers and in return, help the national supply chain for the long-term, reports The Hill. The plan calls for a 90-day initiative by the ...
ALEXANDRIA, Va.—PepsiCo is investing $15 million in Closed Loop Partners' Leadership Fund, according to a news release. The private equity fund acquires and grows companies, including in the packaging value chain, to strengthen recycling infrastructure and build circular supply c...
ALTOONA, Pa.—Sheetz has announced a new partnership with DoorDash to provide on-demand delivery of convenience essentials from 560 Sheetz stores across Pennsylvania, Maryland, North Carolina, Ohio, Virginia and West Virginia, according to a news release. Starting yesterday, custo...
NEW YORK—The rise in grocery costs has forced some Americans to change how and where they shop, reports CNN. With grocery prices 6.4% higher than this time in 2020, shoppers are buying less and opting for cheaper brands, including private-label brands. In September, Numerator fou...
By Sara Counihan ALEXANDRIA, Va.—ESG, which stands for environmental, social and governance, is a popular buzzword in the business world. Many convenience retailers are asking themselves if ESG is imperative to their businesses. If it is imperative, what can retailers do about it...
ALEXANDRIA, Va.—Altria Group Inc. and Philip Morris International (PMI) have been ordered by the U.S. International Trade Commission to stop selling the alternative smoking device IQOS in the United States, reports The Roanoke Times. The ruling said that the IQOS device infringes...
ALEXANDRIA, Va.—The Federal Trade Commission has asked nine companies, including Tyson Foods Inc., McLane Co. and Walmart Inc., to provide the agency with information surrounding their operations as part of a fact-finding effort to understand ongoing supply chain disruptions. The...
NACS serves the global convenience and fuel retailing industry by providing industry knowledge, connections and issues leadership to ensure the competitive viability of its members’ businesses.
