Insight

Self Storage Is the Pandemic’s Hot Property
December 23, 2021

Self Storage Is the Pandemic’s Hot Property

Self-storage stocks have made big gains since last year’s economic close, outperforming e-commerce stores, recovering shopping centers and rental homes.
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There’s Not Enough Oil
December 20, 2021

There’s Not Enough Oil

An exercise in simple arithmetic may be sobering to those counting on EV growth to dampen oil demand. The number of vehicles on the road powered by internal combustion engines (ICE) will continue to grow until EVs achieve a near-total share of new vehicles sold. This is because the size of the total ICE passenger vehicle fleet is dictated by flows in and out (i.e., the removal of ICE vehicles from the road). In the first half of 2021, the EVs represented just 2.4% of all new passenger vehicles sold in the US. Modern vehicles have incredible reliability and longevity. New vehicles sold today tend to remain on the road for decades.
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Slow fleet turnover means ICE vehicles could be on the roads for decades
December 20, 2021

Slow fleet turnover means ICE vehicles could be on the roads for decades

Sales of EVs are growing—in some ahead-of-the-curve markets, plug-ins are outselling internal-combustion vehicles—and countries and regions around the world are announcing deadlines to phase out fossil-burners. However, as a recent New York Times article points out, it could take years, if not decades, before electrification leads to substantial reductions in emissions.
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Ellsworth will buy all its electricity through local 11,000-panel solar project
September 28, 2021

Ellsworth will buy all its electricity through local 11,000-panel solar project

The city of Ellsworth is expected to become the biggest buyer for power credits generated by a 40-acre solar panel installation on Mariaville Road, where a New Hampshire-based developer plans to erect nearly 11,000 panels.
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KKR Announces $40 Million Investment in Jet Edge International
September 13, 2021

KKR Announces $40 Million Investment in Jet Edge International

Leading global investment firm KKR adds $40 million in preferred equity to previous $150 million credit investment to support growth of Jet Edge consumer brand and its Reserve Membership program.
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Peak Oil? Drivers—and Voters—Could Delay It for Years
September 9, 2021

Peak Oil? Drivers—and Voters—Could Delay It for Years

Investors and politicians have made their views clear about oil’s uncertain future. Consumers, not so much.
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St. Kitts and Nevis Crowned Best Citizenship Investment Programme in the World
August 30, 2021

St. Kitts and Nevis Crowned Best Citizenship Investment Programme in the World

St. KITTS AND NEVIS is today (August 18, 2021) ranked the best citizenship investment programme in the world by Professional Wealth Management, the magazine published by the Financial Times.
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Atlanta Business Chronicle honors 2021 most admired CEOs
August 24, 2021

Atlanta Business Chronicle honors 2021 most admired CEOs

The Atlanta Business Chronicle recently honored 40 business, civic and community leaders as our 2021 Most Admired CEO honorees in a ceremony at the Coca-Cola Roxy Theatre at The Battery Atlanta.
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Gas Stations Face Tough, Costly Choice on EV Chargers
August 10, 2021

Gas Stations Face Tough, Costly Choice on EV Chargers

American gas-station owners are facing a tough decision over whether to invest in electric-vehicle charging stations, a costly bet that currently makes little financial sense but might help future-proof their businesses.
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Drivers will face the highest July 4th gasoline prices in 7 years and they are heading higher
July 2, 2021

Drivers will face the highest July 4th gasoline prices in 7 years and they are heading higher

July fourth gasoline prices are expected to be the highest they’ve been for the holiday weekend in seven years, and they are forecast to rise even higher later in the summer.
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7-Eleven, Speedway Have 40,000 Jobs Available
May 25, 2021

7-Eleven, Speedway Have 40,000 Jobs Available

Heading into the busy summer season, 7-Eleven Inc. and participating independent franchise owners together are recruiting as many as 40,000 new employees to fill positions at their more than 13,000 U.S. stores, including the more than 3,800 Speedway stores that 7-Eleven recently acquired from Marathon Petroleum Corp.
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Big Oil Companies Recover as Prices Rebound
May 4, 2021

Big Oil Companies Recover as Prices Rebound

Exxon, Chevron, other large oil companies notched profits in the first quarter, a year after the coronavirus led to historic losses
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Leap in Gas Prices Puts $3 a Gallon in Sight
March 25, 2021

Leap in Gas Prices Puts $3 a Gallon in Sight

Analysts expect crowded highways and diminished stockpiles to lift gas prices into the summer driving season
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Corner Store Owner Couche-Tard in Merger Talks With Europe’s Carrefour
January 14, 2021

Corner Store Owner Couche-Tard in Merger Talks With Europe’s Carrefour

Canadian company’s $19.66 billion offer would create the world’s third-largest grocery retailer
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Former Speedway Exec's New C-Store Acquisition Venture Closes $200 Million IPO
December 21, 2020

Former Speedway Exec's New C-Store Acquisition Venture Closes $200 Million IPO

Recharge Acquisition Corp. looking for convenience-store chains to acquire
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These Gas-Station Entrepreneurs Favored Food Over Fuel and Got Rich
December 7, 2020

These Gas-Station Entrepreneurs Favored Food Over Fuel and Got Rich

Britain’s Issa brothers became billionaires by emphasizing retail at filling stations. Now they are expanding in the U.S.
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7-Eleven Could Put 300 Sites on the Market
November 5, 2020

7-Eleven Could Put 300 Sites on the Market

Seven & i Holdings Co. Ltd., parent company of 7-Eleven, could sell as many as 300 convenience stores in the United States following its deal to acquire Marathon Petroleum Corp.’s Speedway retail network for $21 billion
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Georgia Farms Executive Named to Georgia Top 40 under 40
October 6, 2020

Georgia Farms Executive Named to Georgia Top 40 under 40

Ricky Walia, COO & Co-founder of Georgia Farms Named to Georgia Top 40 under 40
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EPA Raises Legal Questions About California’s Plan to Ban New Gas-Powered Cars Starting in 2035
September 29, 2020

EPA Raises Legal Questions About California’s Plan to Ban New Gas-Powered Cars Starting in 2035

The Environmental Protection Agency raised concerns about California Gov. Gavin Newsom’s plan to ban sales of new gasoline and diesel-powered passenger cars in the state by 2035, arguing that the mandate is impractical and possibly illegal.
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Devon Energy to buy shale-oil rival WPX Energy for $2.56 billion
September 28, 2020

Devon Energy to buy shale-oil rival WPX Energy for $2.56 billion

U.S. oil and gas producer Devon Energy Corp said on Monday it will buy shale-oil rival WPX Energy Inc for $2.56 billion as it looks to boost its presence in the top U.S. oilfield.
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Same-Store Sales Give Couche-Tard an ‘Exceptional’ Quarter
September 2, 2020

Same-Store Sales Give Couche-Tard an ‘Exceptional’ Quarter

Changing customer behavior, basket growth, ‘healthy’ fuel margins contribute to strong performance
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The Rise of C-Stores
August 28, 2020

The Rise of C-Stores

As consumers embrace convenience, a new set of challenges arises
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Wawa is building a drive-thru only convenience store
August 3, 2020

Wawa is building a drive-thru only convenience store

Convenience store operator Wawa is testing a new store format as people look for contactless ways to shop during the pandemic. Wawa said the 1,850 sq-ft test store is expected to open in December in Falls Township, Pennsylvania. It's one of two drive-thru locations planned this year.
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7-Eleven is buying Speedway gas stations in a $21 billion deal
August 2, 2020

7-Eleven is buying Speedway gas stations in a $21 billion deal

The United States' largest independent oil refiner, Marathon Petroleum, announced in October that they were planning to make Speedway its own company. Nine months later, Marathon has struck a deal to sell Speedway.
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C-Store Foodservice Power Rankings: Q2 2020
July 29, 2020

C-Store Foodservice Power Rankings: Q2 2020

Fifty-five percent of consumers said they were extremely satisfied with the overall food quality at both Wawa and Family Express - the highest of any chain, according to Technomic.
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Gasoline Is Cheap This July Fourth. Fuel Retailers Aren’t Complaining.
July 4, 2020

Gasoline Is Cheap This July Fourth. Fuel Retailers Aren’t Complaining.

Historically large gasoline margins are helping convenience stores and others make up for lower fuel demand
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The 2020 Foodservice Report
February 13, 2020

The 2020 Foodservice Report

As technology continues to evolve, c-stores look to plant-based and international flavors to meet the surging demand for fresh foods in 2020.
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5 C’s of Credit Analysis
January 1, 2020

5 C’s of Credit Analysis

Regardless of where you seek funding - from a bank, a local development corporation or a relative - a prospective lender will review your creditworthiness. The "Five C's" are the basic components of credit analysis. They are described here to help you understand what the lender looks for.
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