Convenience Store News

FEB 2017

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INDUSTRY ROUNDUP n Campbell Oil Co. sold its residential heating oil and commercial fuels business Lykins Energy Solutions. It will now focus on its c-store banner, BellStores Inc. n First Coast Energy LLP, owner and operator of Daily's convenience stores, sold 13 gas stations and c-stores to Northeast Petro Holdings LLC. The $14.4-million deal included seven Shell stations and one Sunoco-branded site in Duval County, Fla. n CrossAmerica Partners LP completed a sale-leaseback transaction with unnamed institutional investors for net proceeds of approximately $25 million. Under the pact, CrossAmerica will lease 17 properties in the Chicago market for an initial period of 15 years with an addi- tional 15 years of renewal options. n Chevron Products Co., a division of Chevron U.S.A. Inc., launched the ExtraMile Extras rewards program on Jan. 4 at more than 700 ExtraMile loca- tions. Each time participating customers make a pur- chase, they earn one Shield. Five Shields equal a free "Extra" item, such as a coffee, snack or fountain drink. n Thorntons Inc. updated its Refreshing Rewards loyalty program to allow customers to receive immediate rewards, including fuel discounts. This replaces the convenience store retailer's former tier-based reward structure. n PDI acquired the enterprise resource planning (ERP) assets of The Pinnacle Corp. Pinnacle will retain its remaining assets and customers for its point-of-sale, payments, loyalty, and its new Affinity mobile solutions. n J&J Snack Foods Corp. acquired Hill & Valley Inc., a premium bakery in Rock Island, Ill. Doug Davidson, Hill & Valley's president, will be staying on with J&J. n Anheuser-Busch InBev will dedicate its Super Bowl pres- ence this year to its Busch brand. The TV spot signals the company's investment and belief in the value beer brand's role in driving growth. retailer tidbits supplier tidbits The Best Record for the Fuels of Today and Tomorrow! 30 Year Warranty! 971A LISTED M E M B E R ™ Omega Flex, Inc. 451 Creamery Way Exton, PA 19341-2509 Tel: 1-610-524-7272 Fax: 1-610-524-6484 Toll Free: 1-800-355-1039 DBT-197 / REV 06/16 © Copyright Omegaflex, Inc 2016 • 316L stainless steel primary pipe; traceable underground • Compatible with current fuels or ANY potential future additives • Only fuel pipe to pass 2 hour fire test for UST or AST applications • Double wall pipe and fittings for continuous monitoring • Easy to install: no gluing, no welding = No Weather Delays • DoubleTrac warranty is not affected by contaminated surroundings • No polyethylene = no expansion or contraction issues ASK ABOUT OUR NEW 100% STAINLESS STEEL FLEX CONNECTORS

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