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ADVISORY/Convenience Store/Petroleum Marketing Industry Internet Marketplace to be Announced; May 11, 9:00 am (EST) Conference Call Scheduled.


News & Assignment Editors

ADVISORY...For Thursday (May 11)

The National Association of Convenience Stores The National Association of Convenience Stores (NACS) is a trade association that represents convenience and petroleum retailers. Founded on August 14 1961, it had more than 2200 retail and 1800 supplier company members as of 2006.  (NACS NACS National Association of Convenience Stores
NACS National Association of College Stores
NACS North American Catalan Society
NACS North American Catalysis Society
NACS Network Access Control System
NACS National Advisory Committee On Semiconductors
) will host a conference call for the media on Thursday morning, May 11, at 9:00 am (EST EST electroshock therapy.

EST
abbr.
electroshock therapy
) to announce its plans and partners for the premier Internet marketplace See vertical portal and Web hub.  for the convenience store and petroleum marketing industry. Participants on the call will include executives from NACS and executives from its two partner companies, who are leading technology firms. Q & A time will be available.

The convenience store and petroleum marketing industry's commerce spend or aggregated purchasing potential totals $505 billion in the U.S., according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 data from the NACS/CSNews Industry Databank and other NACS research. Convenience stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence.  nationwide posted total sales in 1999 of $234 billion and are responsible for another $21 billion in the purchase of equipment, services and products not for resale. Total industry sales include merchandise, foodservice and gasoline gasoline or petrol, light, volatile mixture of hydrocarbons for use in the internal-combustion engine and as an organic solvent, obtained primarily by fractional distillation and "cracking" of petroleum, but also obtained from natural gas, by . Convenience stores sell over 60 percent of the motor fuels consumed in the U.S. The wholesale distribution transaction potential is projected at $150 billion in the convenience store industry, and manufacturer transaction potential for this marketplace is projected at $100 billion.


TIME:                      9:00 - 10:00 am (EST)
                           Thursday, May 11, 2000

CALL-IN DETAILS:  Participants from the U.S. & Canada - 888-806-9459
                  Participants from other countries - 703-871-3093
                  Call confirmation number:  421-8773
                  Call moderator:  Lindsay Hutter of NACS

PARTICIPANTS:     Top executives from NACS and its partners in this
                  new Internet Marketplace

NEWS RELEASE:     NACS will issue a news release with more details at
                  4:10 PM (EST) today (Wednesday, May 10).

CONTACT:          Lindsay Hutter
                  Vice President, Industry Relations & Communications
                  National Association of Convenience Stores
                  703/684-3600, ext. 313
                  lhutter@cstorecentral.com
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 10, 2000
Words:279
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