All Latest News articles – Page 389
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News
Fuel retailers must invest in new technology to reduce queues at the pump
Motorists will face increasingly long queues at petrol stations unless fuel retailers install new payment technologies such as pay-at-pump systems, according to a new report by Datamonitor. Alex Jeater, a retail analyst at Datamonitor, and author of the report ’Payment Behavior and Technologies in European Service Station Retail’, said: “While ...
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Co-op on acquisition trail with purchase of Shropshire forecourt
The Co-operative Group has bought DAB Stores, the garage forecourt and supermarket business in Minsterley, Shropshire in a deal worth in the region of £1.6 million, in a further signal of its intent to make significant store acquisitions. Business agents Christie & Co sold the business on behalf of the ...
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DTZ to partner Statoil in retail estate development strategy
DTZ has been chosen as a partner by Statoil Fuel & Retail to support the development of a real estate asset management strategy across its broad retail network.The global real estate services firm will advise the Scandinavian road transport fuel retailer on its real estate portfolio which includes 2,300 petrol ...
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New record high for unleaded
Fuel prices have hit a new record high following a week in which oil prices soared to $121 a barrel. The Financial Times reported the figure was a record oil price in terms of sterling, because although it was below the $147-a-barrel record set in June 2008, the 17% fall ...
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Mobil teams up with Esso forecourts with online oil chooser aid for motorists
Mobil Oil has launched a new online tool to help consumers select and buy the correct engine oil for their car and show them where to buy it from their nearest Esso forecourt. The new online tool, ‘Which Oil’, is designed to be simple and user-friendly – consumers need only ...
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Small firms urged to beware new laws
Small business owners are being urged to be aware of new legislation which came into effect on April 6. This ’common commencement date’ saw a raft of important changes to the law, including increases in statutory sick pay, changes in tax rates and the end of most employers’ abilities to ...
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Scheme to recycle clothes for petrol
An enterprising West Midlands recycler is giving people the chance to swap their old clothes for petrol.Lee Featonby, from Rugeley Rags and Wipers, said that with petrol prices so high, it was a good way of encouraging people to recycle.People are asked to donate a black bin liner full of ...
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Indies urged to take part in red tape consultation
Independent retailers are being encouraged to take part in the major public consultation launched by the Secretary of State for Business today that is giving local shops the opportunity to explain which regulations that cause them a burden should go. The website, http://www.redtapechallenge.cabinetoffice.gov.uk/ will be live for four weeks and the feedback received will be closely analysed over a period of three months. The working presumption is that unless there is a compelling case for a regulation to be retained it should be scrapped. James Lowman, ACS chief executive, said: “Local shops, particularly independent retailers, are crippled by the time and money required to comply with bad regulation. By bringing out open scrutiny for all regulations affecting retailers, the Government and retailers themselves can identify the ones that bring bureaucracy and costs without delivering their objectives. ACS will play an active role in advising what regulations need to go in order to get the balance right. “We will be encouraging our members to have their say across all the regulations being considered. We are particularly keen for members to find the ones they want scrapped, but they will also be able to explain why others are needed.”
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Peregrine Retail opens first redeveloped forecourt
Independent convenience retailer Peregrine Retail opened its first redeveloped forecourt at Ringwood, Hampshire today. The Budgens of Blashford BP-branded site, which took one year in the planning, has been redeveloped to increase the store size from a 400sq ft Spar store to a 2,300sq ft Budgens. The c-store ...
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Preferred bidder for Total named
A consortium of investors that includes Snax 24 has entered exclusive talks to buy the Total UK network, the Financial Times has reported today.The consortium comprises specialist bank and asset manager Investec, London-based investment group Grovepoint Capital, and Snax 24, revealed the newspaper. It beat second-round bidders understood to include ...
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Asda sold 12.9p petrol by mistake in Bradford
Asda has admitted drivers paid just 12.9p a litre for petrol after staff put a decimal point in the wrong place.The blunder at the Rooley Lane site in Bradford, West Yorkshire happened on a self-serve pump after the 24-hour site switched over to just pay@pump for the night shift.About 50 ...
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New Adblue dispensing system for MRH site
A new AdBlue dispensing system is being installed at the BP Thetford West site operated by MRH (GB). Developed by fuel dispensing specialist Dresser Wayne in conjunction with Blue 1, a supplier of AdBlue storage solutions, the new equipment is based on the Dresser Wayne Global Star V AdBlue Dispenser. ...
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Top award winner Darren to leave his beloved Flamstead End forecourt
Former Forecourt Trader of the Year winner Darren Lawrence is “devastated” to be leaving his beloved Total-branded Flamstead End forecourt in Hertfordshire, after 21 years service.Total decided to take back the site after commission operator Darren turned down a new contract that he felt was unviable.“There were some parts of ...
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RMI Petrol: calling northern retailers
RMI Petrol will be holding its regional meeting in Durham on April 5, 2011. Held at the Ramside Hall Hotel, just off the A1 in Carrville, will start at 10am and conclude at 2pm after a free buffet lunch.Presentations will include: business rates & fuel pricing/taxation review; Harvest Energy;market trends ...
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Co-op chooses Torex for forecourt solutions
The Co-operative has invested in a range of retail systems to better integrate the convenience and fuel sides of its forecourt businessRetail technology provider Torex was chosen to integrate ‘fuel’ functionality into the Co-operative’s InControl EPOS system following the Co-operative’s addition of 142 forecourt sites to its estate when it ...
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Dresser Wayne partners with RMI
Fuel dispensing specialist Dresser Wayne has announced a partnership with the Retail Motor Industry Federation . Under the terms of the agreement, Dresser Wayne will be RMI’s exclusive partner for forecourt equipment and maintenance, offering its maintenance services and equipment to the RMI’s independent fuel-retailing members. “Our partnership ...
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MRH adds 10 BP sites
The leading Top 50 indie MRH has purchased 10 former BP company-owned sites in Scotland. The company is also renewing supply contracts with BP at a further 11 locations as part of the deal.MRH managing director John Lynn said: “ This acquisition package further strengthens MRH’s representation in Scotland, our ...
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Chancellor’s fuel duty cut backfires
Chancellor George Osborne’s decision to cut fuel duty by 1ppl from 6pm on March 23 has enraged retailers as motorists branded them “greedy” when prices at the pump failed to fall immediately as they had expected.While the duty cut was welcome, its immediate introduction and the lack of explanation that ...
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Two become one at Spar
West Midlands-based AF Blakemore & Son has acquired the business of fellow Spar wholesaler South Wales-based Capper & Co.The acquisition will take the turnover of the combined organisation to £1.1bn. The move will create the largest Spar wholesaler in the UK, serving 1,096 of the symbol group’s stores.Meanwhile, the successor ...
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Symonds just keeps on growing
Symonds Forecourts has opened its fifth Londis store. Located on a forecourt in Gloucester, it is one of seven forecourt sites owned and operated by the West Country company. The firm is also about to open its third Budgens store – on a forecourt in Wells.A Captain Jack Sparrow lookalike ...