All Latest News articles – Page 356
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News
Petroplus administrators reveal scale of Coryton’s financial woes
The joint administrators of Petroplus Refining & Marketing have published their first progress report on the administration.The report provides creditors with a detailed description of progress that has been made in the six months since the appointment of the Administrators and includes an estimate of the likely return for creditors.The ...
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Shell awards three-year contract to Fairbanks and Tokheim partnership
Fairbanks will partner with Tokheim as part of a three-year contract to deliver wet-stock management services to more than 3,000 Shell petrol stations worldwide. A combination of hardware and software applications will provide automatic, real-time data to a team of Fairbanks analysts, who will provide detailed statistical inventory reconciliation (SIR) ...
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Don’t forget to vote for your Retailer Champion
Voting is underway for the Forecourt Trader and Mace Retailer Champion award – so get voting now!In no particular order, the nominees for 2012 are independent retailers Robert & Hugh Fraser of Fraser Retail; former Murco retail boss Jeremy Clarke, now managing director of Motor Fuel Group; independent retailer Darren ...
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Gold end promotions drive sales for Londis
‘Gold end’ promotional bays at the front of store are driving “phenomenal” sales growth for Londis since their launch at the beginning of the year.In the six months since launch, keen money-off deals have run on more than 200 lines, with the highlights being Nescafe original (pricemarked £2.95) up 245% ...
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Third-party intervention gives new life to struggling forecourt
An Essex retailer has been brought back from the brink of closure thanks to intervention from BTG Restructuring, which demonstrated to the operator’s bank and fuel supplier that if the site priced more sensibly, sustainable profitability would return.The forecourt in Colchester had suffered from supermarket competition and was trading at ...
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NFRN to keep pressure up over Sunday Trading
The NFRN has vowed to keep up the pressure on the government to ensure that Sunday Trading law are not relaxed permanently after the Olympics. The promise came in the light of new evidence that shows that takings in independent newsagents’ stores have dropped since the laws were relaxed on ...
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Retailers warned not to process PayPoint transactions over the phone
PayPoint has made a renewed warning to retailers not to process a PayPoint payment transaction over the phone in a bid to put a stock to fraud involving Ukash, the service that allows shoppers to use banknotes and coins to pay or send money on the internet. Retailers have reported ...
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MFG brings Costa Coffee to its network
Top 50 Indie Motor Fuel Group (MFG) has signed an agreement with Costa Express to supply its entire 48-site network with the market leading hot coffee offer.By the end of this year, 27 of MFG’s forecourts will be offering Costa Express and the rest of the network will add the ...
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NewsSpar Austria and Shell to boost stores by 2012
Spar and Shell Austria GmbH have struck a deal to boost forecourt stores in the country by another 50 by 2013. This year, around 30 Spar Express forecourt stores will be opened, the first in Vienna, where Spar is looking to expand its market share. The contract follows successful test ...
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Rise in car travel for young drivers prompts AA anti drink-drive campaign
More than one in three young drivers (35%) say they will travel further by car this summer than they did last year. This compares with 24% of 18 to 24-year-olds who will drive less, an AA Populus survey has found. Much of this mileage will be social, and will often ...
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Lending to businesses expected to improve as new government scheme comes into force
The government’s Funding for Lending Scheme (FLS) draw-down window is now open for the next 18 months. Starting on August 1, banks and building societies can borrow in the FLS at cheaper rates, for periods of up to four years.The Scheme has been launched to deliver credit easing to the ...
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London drivers warned against ’idling’ to save fuel
London’s drivers are being urged today (July 31) to help improve the city’s air quality and cut greenhouse gas emissions by switching off their car or van engines when stationary. The Energy Saving Trust is asking motorists in the capital to heed their call for action, and reduce levels of ...
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BTCC driver stars in Autogas blockbuster
It’s next stop Hollywood for current British Touring Car Championship driver Tom Onslow-Cole who has just taken the ‘lead role’ in a short online movie explaining to Autogas LPG drivers just how easy it is to fill up their cars with the cheap fuel.The location of the shoot was Shell ...
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Mace retailers get into the sporting spirit with hula-hoop challenge
Palmer and Harvey is helping its Mace retailers engage with local communities and hopefully boost profits this summer with in-store sporting activity. The stores are holding their own fun sporting activities, in which youngsters are challenged to spin a hula-hoop for as long as they can, with the longest ...
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Bank Machine selected to revitalise ATMs for Shell UK
As part of a long-term ATM services relationship formed earlier this year, Bank Machine will install, own and operate more than 600 free-to-use ATMs at Shell UK company-owned sites by the end of 2012. All Shell UK company-owned sites supported by Bank Machine will receive ATMs outfitted in Shell colours, ...
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PSD Codax to launch new generation of car wash terminals at Automechanika
UK-based PSD Codax will be launching its new generation of access control systems for car wash equipment, now featuring both code access and contactless smartcard technology, during Automechanika Frankfurt 2012.Codax is unveiling its new ticket terminal which gives retailers the option of offering multi-wash smartcards and account cards. As well ...
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Police tackle forecourt crime in Darlington
Police in Darlington have joined forces with the British Oil Security Syndicate (BOSS) and independent retailers to introduce Forecourt Watch in the County Durham town.Forecourt Watch creates a closer link between police, BOSS and retail staff to increase awareness, prevention and the reporting and recording of incidents. The Darlington scheme, ...
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C-store sales predicted to soar by nearly 30% in the next five years
Convenience store sales are set to soar by nearly a third to £44bn in the next five years, according to the latest research published today by IGD. The research forecasts a 29% increase from the current value of £34bn, with the average annual growth rate for the convenience sector set ...
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Jet campaign offers discounts on sports activities
Motorists will be able to take advantage of a number of sports and fitness experiences, thanks to a new fuel and shop promotion from Jet.The Jet Active campaign, which runs from July 30 to October 31, will see vouchers handed out to customers spending more than £30 on fuel or ...
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London cabbies slash a quarter off their fuel bill
The Energy Saving Trust has helped taxi and private hire drivers to drive more efficiently through Smarter Driving training, giving them the skills to save up to £500 per year on fuel.With traffic set to rise in the capital this summer by a third, more than 456 London cabbies have ...