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An Explanation of Sale-Leasebacks

By Robert E. Bainbridge Since 2006, a growing number of convenience retailers have adopted a strategy of leasing new stores rather than owning, according to industry figures. This trend peaked in 2008 with 72 percent of all new stores being leased, often through sale-leasebacks. An explanation of sale-leaseback transactions is provided below by industry experts John C. Flippen Jr. and John...
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SUNY New Paltz Adds Robotic C-Store

Partners with Shop24, Pepsi Cola of Hudson Valley NEW PALTZ, N.Y. — The State University of New York (SUNY) at New Paltz has partnered with Pepsi Cola of Hudson Valley and Shop24 Global LLC to provide students, faculty and other consumers a Shop24 “ultra-convenience store,” a self-contained, refrigerated and robotic c-store designed to enable 24/7/365 consumer purchasing. Shop24...
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Average U.S. gas prices hover at record-high levels

An improving economy boosts demand for oil, driving up pump prices and crimping consumers’ budgets. Last month turned out to be the most expensive January ever at U.S. gasoline pumps, boosted by growing economic strength. January is typically a month of falling gasoline prices because fuel demand falters in the slower travel weeks that follow the year-end holidays. Not so this year. In...
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Can using a cell phone at a gas station cause a fire?

Like GasManUSA on Facebook! Click here to view gas stations for sale in Southern California.
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Did You Know? California Plastic Bag Bans Apply to Convenience Stores

If you operate gas stations or convenience stores … be careful offering your customer “paper or plastic” at checkout! During the past few years, an increasing number of California Cities and Counties have adopted ordinances that effectively ban the use of plastic bags for your customers! The Law Office of Kriston Qualls (www.kdqlaw.com) has brought these laws to the attention of the GasMan...
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