Content about oil

May 7, 2013

Billed as the largest LEED Gold-certified retail commercial building in the world, Destiny USA is more than an environmental leader. It is a shopping and entertainment mecca.

The 2.4 million-sq.-ft. tourist destination in Syracuse, N.Y., is an unexpected blend of luxury outlet tenants with restaurants and big entertainment names in a high-impact setting that includes a sweeping, three-story atrium, a replica of an upside-down city destroyed, and a suspended-rope adventure for the kids.

May 7, 2012

Industry Trends: C-store traffic up in first quarter

The mild winter weather across much of the country helped to offset the negative impact that rising gas prices traditionally have on convenience store visits, according to The NPD Group.

New York -- The mild winter weather across much of the country helped to offset the negative impact that rising gas prices traditionally have on convenience store visits, according to The NPD Group. NPD’s Convenience Store Monitor reports that in the first calendar quarter of 2012 compared with same quarter a year ago, c-store traffic increased by five percentage points from a year ago quarter and by six percentage points at major oil chain c-stores.

October 24, 2011

A Need for Speed

The National Retail Federation is predicting holiday retail sales to rise almost 3% to $465.6 billion, which represents far slower growth than last year’s 5.2% gain. Based on a shaky economy and high unemployment, many retailers are taking a wait-and-see approach to stocking their shelves this year, which has resulted in a later “peak” season than normal. For many businesses, this phenomenon will result in a rush to get goods on shelves if demand picks up at the last minute, driving the need for more air cargo shipments.  

August 22, 2011

Looking into the Lion’s Mouth

If you’re peeking at the news between slats in your fingers, scared to see where the S&P 500 sits or what’s happening with the NASDAQ, the Dow and the price of oil, you’re quite obviously not alone. Each day is a frightening new one, and no one – not even economists – are quite sure what’s going to happen next.

December 7, 2010

Report: Russsian grocers merge to deter Wal-Mart

Two of Russia's largest grocery store chains, Pyaterochka and Kopeika, said on Monday that they would merge their operations in a move that would better position them to compete with Wal-Mart Stores ...

New York City -- Two of Russia's largest grocery store chains, Pyaterochka and Kopeika, said on Monday that they would merge their operations in a move that would better position them to compete with Wal-Mart Stores, which is expected to enter the Russian market, according to the New York Times.

November 30, 2008

Whole Foods to Recycle Waste Vegetable Oil for Power

Whole Foods Market is making history as the first company in the United States to...

July 14, 2008

Gas Cuts Into June Sales

Retail sales increased only slightly in the month of June, as sharply rising gas station...

June 12, 2008

Exxon to Exit U.S. Retail Gas Business

Exxon Mobil Corp. said on Thursday it is getting out of the retail gas business...

June 10, 2008

Report: May Sales Encouraging

According to a report released Wednesday by ShopperTrak RCT Corp., retail sales rose 1.7% in...