Latest Intelligence on Convenience Stores, Neighborhood Stores and Gas Stations

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Type Product title / description Pub Price
CommentWire
CommentWire

UK workforce: rise in employment of over 50s in the retail sector

The Employers Forum on Age, which represents 245 companies across the UK, says a growing number of older people are coming out of retirement and entering the workforce. A new law being introduced in October bans discrimination on age. This not only has the potential to extend our working live and changes the future of retirement, it also challenges employers on how to manage their workforce.

Published By Datamonitor
14 Jun 2006
CommentWire
CommentWire

Nisa-Today's/Costcutter: a stronger contender in the 'hood

Crucially, the merger of Nisa-Today's and UK convenience store chain Costcutter will give the retailer control over its distribution infrastructure. As well as the obvious scope to realize cost savings, the merger will put Costcutter on firmer ground to compete with grocery giants Tesco and Sainsbury in the neighborhood.

Published By Datamonitor
11 Aug 2006
CommentWire
CommentWire

Lekkerland: wholesale gains in Europe's forecourt shops

Lukoil has recently chosen Lekkerland as the wholesaler to its shops in Hungary. Selecting a supplier is an increasingly important decision for forecourt retailers as they seek to maximize shop profitability through a combination of wholesale and direct supply contracts. With a string of major oil retailers in its customer portfolio, Lekkerland is a popular choice.

Published By Datamonitor
17 Aug 2006
CommentWire
CommentWire

BP: going green with targetneutral

BP has introduced 'targetneutral', a CO2 emission reduction scheme in the UK by launching a website where drivers can calculate their CO2 emissions and make financial contributions towards renewable energy and carbon reduction projects. In contrast to the recent troubles in its US upstream business, targetneutral marks a demonstrable stride forward in BP's efforts to prove its green credentials.

Published By Datamonitor
25 Aug 2006
CommentWire
CommentWire

Shell: chip and PIN reintroduced

Shell has reintroduced the chip and PIN transaction system to its UK forecourts following a four-month suspension due to instances of fraud. While Shell's move should help rebuild confidence in the new technology, increased global compliance and improved transaction security will still be crucial in determining the overall acceptance and eventual success of chip and PIN.

Published By Datamonitor
14 Sep 2006
CommentWire
CommentWire

UK payments: cheques checking out

UK retailers are increasingly abandoning cheques in favor of card-based payments, with health and beauty retailer Boots becoming the latest in a series of firms to begin banishing cheques. Supermarkets Tesco and Asda have already begun restricting cheque transactions, while Shell no longer accepts them at its UK forecourts. This clearly signals the decline of cheques as a major payment mechanism.

Published By Datamonitor
15 Sep 2006
CommentWire
CommentWire

Subway: seeking forecourt partners

US sandwich retailer Subway has announced plans to enter into a trial joint venture with UK supermarket Tesco to open concessions in Tesco Express stores, and is also seeking partners on UK forecourts. Interest in a relationship with Subway is likely to be high among fuel retailers, both because of the sandwich retailer's established brand and the growing demand for healthier on-the-go snacks.

Published By Datamonitor
21 Sep 2006
CommentWire
CommentWire

French loyalty cards: S'Miles better for Shell

Groupe Caisse d'Epargne has joined Shell in S'Miles, a major syndicated retail loyalty card scheme in France. The French retail bank will represent a welcome addition to the scheme for Shell, increasing the number of card touch points for its customers in a market where an independent loyalty card may not be the best route for the fuel retailer.

Published By Datamonitor
28 Sep 2006
CommentWire
CommentWire

PKN Orlen: braving the Baltics

PKN Orlen has begun outlining its retail intentions for the Baltic region as it moves closer to the official acquisition of Lithuanian refinery Mazeikiu Nafta. While this deal gives PKN access to much-needed upstream assets, its lack of retail presence means it will have a lot of work do to if it intends to grow organically in markets where the likes of Lukoil and Statoil are firmly established.

Published By Datamonitor
12 Oct 2006
Expert View
Expert View

Esso and Tesco take over former dealer site

Tesco has agreed to take over the shop contract on a former Esso dealer site while BP has recently announced that it will be offering its dealers the BP Connect brand as a franchise option. These events serve to emphasise that independents, which have suffered due to the inability to offer attractive fuel prices, are now under further competitive pressure to provide an attractive shop offering.

Published By Datamonitor
09 Nov 2006

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