Mapco Inks Deal with PerformanceRetail
FRANKLIN, Tenn.-- This week, Mapco Express, a 240-store chain based in Franklin, Tenn., signed a deal with PerformanceRetail, an Austin-based software developer for convenience stores, according to the Austin American-Statesman.
Mapco will use the 3-year-old
company's software to help track inventories and manage finances. PerformanceRetail raised $15 million in venture capital in order to complete the deal, according to the news source.
The company's other customer is Amerada Hess Corp., which operates 1,200 Hess Express convenience stores on the East Coast. Hess, which was one of PerformanceRetail's founders, signed a $2.8 million extension contract with PerformanceRetail in September.
PerformanceRetail's software is used both at individual stores, where it handles everyday operations such as fuel inventory and lottery ticket sales -- and at headquarters, where it can help in analyzing sales data to determine what should be stocked, what it should cost and how it should be displayed.
Mapco will use the 3-year-old
The company's other customer is Amerada Hess Corp., which operates 1,200 Hess Express convenience stores on the East Coast. Hess, which was one of PerformanceRetail's founders, signed a $2.8 million extension contract with PerformanceRetail in September.
PerformanceRetail's software is used both at individual stores, where it handles everyday operations such as fuel inventory and lottery ticket sales -- and at headquarters, where it can help in analyzing sales data to determine what should be stocked, what it should cost and how it should be displayed.
In addition, make sure to read these articles:
- MAPCO Completes Acquisition of 40 Fast Petroleum Stores
- MAPCO Express Selects PerformanceRetail InSite
- Delek US Holdings Will Present at CIBC Growth Conference
- Hess Sues New Jersey Township
- PerformanceRetail Lands $15 Million in New Funding
- MAPCO Express Selects PerformanceRetail to Automate Network
- Hess Denies ConocoPhillips Talks
- MAPCO Express Adopts New BI Software
- Agreement signed for sale of gas from Thailand.
- The Fine Print
- AUSTIN AMERICAN-STATESMAN p.18
- AUSTIN AMERICAN-STATESMAN p.18
- AUSTIN AMERICAN-STATESMAN p.20
- Amerada Hess Profit Slumps
- 'Austin American-Statesman' Gets Online Redesign
With 40 stores complete, MAPCO looks for third party consents for remainder.
Convenience retailer to modernize store operations and merchandising management.
Operators of MAPCO c-stores will present an online simulcast of the presentation.
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Financing to fuel market expansion, possible acquisitions.
Retailer to modernize store operations and merchandising management.
But a Hess official said he's interested if Northeastern assets are on the block.
The company will use Clarity Systems' planning, reporting and performance monitoring program.
Amerada Hess Corp. has signed an agreement for the sale of gas from the Phu Horm Field, located onshore in Northeast Thailand. Amerada Hess is ......
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SHARON ROBERTS, assistant managing editor/design of the Santa Rosa, Calif., Press Democrat, has been named assistant managing editor/presentations at the Austin American-Statesman.
MARIA HENSON, associate editor at the Charlotte (N.C.) Observer, has been hired as associate editor at the Austin (Texas) American-Statesman.
melissa segrest, assistant managing editor/features and projects at the Palm Beach (Fla.) Post, has been named assistant managing editor/features at the Austin American-Statesman.
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