BP EXPANDS PARTNERSHIP WITH RECHARGE PETROLEUM

BP Australia has expanded its partnership with fuel distributor Recharge Petroleum into South Australia, strengthening its focus on regional Australia. The Recharge Petroleum expansion comes after BP announced its intention to acquire South Australian based fuel retailer, X Convenience, in May 2024. Recharge Petroleum’s bp-branded distributor network supports customers in the Northern Territory, Western Australia, and now South Australia. Wei Chi Wong, Vice President, Supply, Midstream and B2B Asia Pacific at BP, welcomed the expansion. “Recharge Petroleum’s exceptional performance and growth in Western Australia and the Northern Territory make it the ideal partner to enhance bp’s brand presence across regional and remote South Australia. “The expansion will leverage the synergies between Recharge Petroleum’s established networks into South Australia, unlocking even more opportunities for our customers to access bp fuel throughout these key markets.” Recharge Petroleum has been a bp distributor for over eight years and has been instrumental in representing…

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INDUSTRY SUPPORTS SOUTH AUSTRALIAN GOVERNMENT’S ACTION ON NON-COMPLIANT ENERGY DRINKS

SYDNEY: The Australian Beverages Council, Australian Association of Convenience Stores andNational Retail Association commend the South Australian Government for its action to remove noncompliant energy drinks from retail shelves across the state. Australia has some of the strictest regulations around energy drinks in the world, regulated byStandard 2.6.4 of the Australia New Zealand Food Standards Code. Under this Standard, energy drinks can contain no more than 32mg of caffeine per 100mL or 80mg in a 250mL container. This is comparable to the amount of caffeine in a cup of instant coffee made with one teaspoon of powder. Australian Beverages Council CEO, Geoff Parker welcomed today’s news and applauds the SouthAustralian Government and Health officials for their decisive action to remove non-compliant anddangerous products from the shelf. “The regulations for Australian energy drinks are long standing and are some of the strictest for thisproduct category in the world. Consumers can be…

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7-ELEVEN PHILIPPINES TARGETS 450 NEW STORES IN TWO REGIONS

Jose Victor Paterno, founder and CEO of PSC, told Bworldonline that the move is part of the company’s goal to meet the growing demand in these regions.  “It has been our intention to target greater expansion in Visayas and Mindanao because there is high demand and there is still competition,” said Paterno. Lawrence de Leon, head of finance and investor relations for PSC, said that 270 stores of the 450-store target would be franchised, while the remaining 180 stores would be owned by the company. “We’re also allotting a budget out of the US$77 million (PHP$4.5 billion) to remodel older stores as we renew the contracts for existing stores,” said De Leon. Since its establishment in the Philippines in 1984, the convenience store network has expanded to 3829 branches nationwide. 7-Eleven expects to reach its 4000th store milestone by the end of Q4 this year. “People are shopping closer to home and…

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ENERGY DRINK BLITZ REMOVES HUNDREDS OFF SHELVES

Hundreds of potentially harmful energy drinks have been cleared off South Australian shop shelves, as part of a crackdown on highly caffeinated drinks by the Malinauskas Labor Government. More than 100 retailers have been inspected as part of the blitz, with 700 products seized – some almost double the maximum permitted level of caffeine. SA Health officials discovered 18 businesses selling non-complaint energy drink products. Warning letters were issued to 13 businesses and two businesses received expiation notices, totalling $3,000. Under the Australia New Zealand Food Standards Code, it is illegal to sell energy drinks which contain more than 320 mg/L of caffeine. The most caffeinated energy drinks found were labelled GFUEL, Bang, and Raze Energy which contained 300 milligrams of caffeine in each 473ml can. That is almost double the maximum permitted amount – equivalent to nine cans of Coca-Cola orthree shots of coffee. Other energy drinks found which…

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INDUSTRY SUPPORTS SOUTH AUSTRALIAN GOVERNMENT’S ACTION ON NON-COMPLIANT ENERGY DRINKS

SYDNEY: The Australian Beverages Council, Australian Association of Convenience Stores andNational Retail Association commend the South Australian Government for its action to remove noncompliant energy drinks from retail shelves across the state. Australia has some of the strictest regulations around energy drinks in the world, regulated byStandard 2.6.4 of the Australia New Zealand Food Standards Code. Under this Standard, energy drinks can contain no more than 32mg of caffeine per 100mL or 80mg in a 250mL container. This is comparable to the amount of caffeine in a cup of instant coffee made with one teaspoon of powder. Australian Beverages Council CEO, Geoff Parker welcomed today’s news and applauds the SouthAustralian Government and Health officials for their decisive action to remove non-compliant anddangerous products from the shelf. “The regulations for Australian energy drinks are long standing and are some of the strictest for thisproduct category in the world. Consumers can be…

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MCDONALD’S AND STARBUCKS SEE INCREASED FOOT TRAFFIC FROM VALUE DEALS.

Last month, McDonald’s debuted a limited-time $5 Meal Deal. The day it launched the offer, Placer.ai found that McDonald’s saw an 8% increase in foot traffic compared to the year-to-date Tuesday average. Starbucks ran a 50% Friday discount for app users in the month of May. Placer.ai found that “compared to the year-to-date average, visits to Starbucks on Fridays following the launch experienced a noticeable increase in visits. Where the visits to Starbucks on Friday May 3, before the promotion launched, were 1.1% lower than the year-to-date Friday visit average, visits on May 10—when the promotion launched—jumped by 20.0% above the YTD visit average.” Placer.ai also found that Buffalo Wild Wings brought in customers with a $19.99 for unlimited boneless wings offer on Mondays and Wednesdays. Foot traffic spiked 45.6% on Mondays and 49.3% on Wednesdays. These limited-time deals come as restaurants feel pushback from consumers about the rising cost of menu items. EG America recently…

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