All Latest News articles – Page 427
-
News
in brief
GNE Group plc has entered into a conditional share purchase to dispose of its main operating subsidiary, Petrol Express, to Leopard No. 2 Investments for £51.66m. For full details log onto [http://www.forecourttrader.co.uk]New legislation came into effect on October 1 requiring pictorial health warnings to be displayed on all newly-manufactured tobacco ...
-
News
Credit card scam gang is jailed
Three fraudsters operating an international credit card scam via petrol stations have been jailed. They used a Leicester warehouse to store footage, from covert cameras, of PIN numbers being inputted into pads at garages across the country.All admitted conspiring to defraud clearing banks between January 1, 2007 and March 13 ...
-
News
New depot safety rules
Automatic shutdown systems to prevent overfill at fuel storage terminals have been announced by UKPIA and the Tank Storage Association, as part of the ongoing process to improve safety at major fuel storage terminals following the disaster at the Buncefield oil terminal in December 2005.Christ Hunt, director general ...
-
News
Results of this month’s online poll:
With fuel volumes down, Arval cards under threat, and question marks over tobacco and alcohol, how concerned are you about the health of your business over the next 12 months?Very61%Fairly26%NOt at all13%The majority of you are concerned about the future - let’s hope there’s some good news soon!
-
NewsTOUTS CROWNED FORECOURT TRADER OF THE YEAR
Philip and Lesley Tout of Budgens Nailsea in Bristol were the Forecourt Trader of the Year winners last night at a glittering awards ceremony at the London Hilton Hotel, Park Lane. The evening was hosted by Shaun Williamson of Eastenders fame, and featured a James Bond theme with a lookalike ...
-
NewsPanic over - BP agrees deal with Arval
BP will continue to accept Arval fuel cards at its petrol stations. The oil company had previously stated it was terminating its contract with Arval at the end of next month due to escalating costs. It had told dealers they were free to continue accepting Arval business but would have ...
-
News
GNE Group to sell Petrol Express
GNE Group plc has entered into a conditional share purchase agreement to dispose of its main operating subsidiary, Petrol Express Limited (PEX), operating under the brand name Petrol Express, to Leopard No. 2 Investments Limited for £51.66 million. The deal is subject to the purchaser assumingresponsibility for PEX’s bank ...
-
News
News in brief
Marks and Spencer is opening its 100th Simply Food store on a BP Connect site this month. The Towcester North Simply Food at BP Connect on the A43 will open for business on September 10.Sewell Retail claims that is has become the UK’s 17th largest independent forecourt retailer after ...
-
News
Chevron sells its distributor business
Chevron Limited has announced it is selling its UK equity distributorbusiness to GB Oils Ltd for £21.9m.The deal by Chevron, an indirect, wholly-owned subsidiary of Chevron Corporation, is expected to be completed by the end of this month.GB Oils, a subsidiary of DCC Plc, will assume ownership ...
-
News
Jail for cashier in credit card scam
A 33-year-old Sri-Lankan forecourt cashier has been jailed for his part in a £175,000 worldwide bank-card scam.Abdul Samad Raik cloned over 500 cards of customers at a Houghton-on-the-Hill, Leicestershire filling station, because he was being threatened by the Tamil Tigers guerilla warfare group, Leicester Crown Court was told. The ...
-
NewsA change is on the cards
As BP prepares to sever all ties with Arval, the issue of card payments has been hitting the headlines. BP wrote to its dealers last month saying it was ending its agreement with the fuel card company due to soaring costs. And while many retailers seemed to agree that ...
-
News
Out-of-stocks cost industry millions
Convenience retailers could be missing out on £100m-worth of lost grocery sales due to sought-after products being out of stock.The startling claim comes from Heinz in its latest Grow Grocery category management initiative. The company found that despite reports of a ’credit crunch’, convenience and impulse ...
-
News
Great Scot for Murco
Murco Petroleum has moved into the Scottish market for the first time by buying seven sites from group dealer Brownwight & Wall. The Jet-branded sites are all west of Edinburgh in the West Lothian and Falkirk areas and Murco said it is on the lookout for "further network growth opportunities ...
-
News
Results of this month’s online poll:
Are your fuel sales down on last year?YES (more than 10%49%YES (less than 10%)29%No22%It seems the high fuel prices, the ’credit crunch’ and the grey days of August have hit forecourts hard. A whopping 78% of you said that your fuel sales were down on last year.Let’s hope there’s some ...
-
News
ACS leads case against tobacco display ban
The Association of Convenience Stores has urged the Government not to press ahead with plans to ban tobacco displays as part of its Future of Tobacco Control Strategy. The focus should instead be on taking action in the areas that are more likely to have a direct impact on youth ...
-
NewsChevron sells UK equity distributor business to GB Oils
Chevron Limited, an indirect, wholly-owned subsidiary of Chevron Corporation, has announced the signing of an agreement to sell its UK equity distributor business to GB Oils Limited, a subsidiary of DCC plc. The sale is for £21.9 million and is expected to be completed in the third quarter 2008. GB ...
-
News
Costcutter growth despite credit crunch
Costcutter has announced sales increases of 6.2% year to date and are above budget despite the on-going threat of the credit crunch.Angela Barber, trading and marketing director of Costcutter Supermarkets Group Ltd, says “I believe the reason that sales are increasing above and beyond our target comes down to a ...
-
News
ACS and government cook up a healthy plan
The Association of Convenience Stores (ACS) is teaming up with the Department of Health to help convenience stores in deprived areas sell more fruit and vegetables. The project forms part of a government drive to promote healthy eating and tackle rising obesity.The Department of Health will provide £200,000 per year ...
-
News
BP dumps Arval
BP is to terminate its agreements with Arval due to “escalating costs”. From 31 October, BP will no longer accept Arval fuel cards at its company operated sites. In addition, retailers have received letters from the oil company’s fuels operations manager Peter Molloy stating Arval costs have “increased significantly” in ...
-
News
Biofuels not meeting green targets
About 80% of the biofuel sold at UK pumps fails to meet government environmental standards, according to a report by the Renewable Fuels Agency. In its first monthly report on fuels supplied under the Renewable Transport Fuels Organisation (RTFO), the government agency said just 19% of the biofuel supplied met ...