ALEXANDRIA, Va. -- NACS has selected The Murphy Group LLC to serve as its relationship partner for Central and South America as part of its expanding Global Partner Program. The agreement will allow NACS to enhance interactions with Latin American retailers and to share best practices via industry-specific events, regional reports and networking opportunities.
Through its Global Partner Program, NACS brings together international retail and supplier members to help foster and leverage relationships across various regions of the world. These working relationships expose global partners to valuable marketing opportunities, best practices, regional issues and strategies for capturing new customers. NACS has entered into similar agreements with Insight Research for the European market and Jifeng Petroleum Consulting for the market in China.
"No other retail channel shares ideas the way ours does, and that has been true since our founding in 1961," said NACS president and CEO Hank Armour. "Our Global Partner Program facilitates the sharing of ideas and information on a more global level."
"The Murphy Group LLC is widely known and respected throughout Central and South America. We are very enthusiastic about leveraging the power of NACS and its regional global partners to share existing business platforms and competencies with a more broad and global audience."
Jeff Murphy, managing director of TMG, said, "We are honored to be selected as the NACS partner for Latin America. We appreciate the value that NACS bring to its global members and this agreement formalizes our long standing relationship with NACS. We will continue to work closely with NACS and its members to attain their objectives through sharing of ideas; networking and participation in value-added global events."
The Murphy Group is a global consultancy focused on the fuel and convenience retailing industry. It is dedicated to generating increased profit for fuel/convenience retailers and selected suppliers. Its services includes market entry strategies, mergers/acquisitions, brand development, operational improvement and best practice benchmarking.
Joe Peden (Source: NACS)In other NACS news, Joe P. Peden, who served as 1983 NACS president, died on August 29 at the age of 82 after a 20-year struggle with non-Hodgkin's lymphoma.
Peden was born in Hopkinsville, Ky. In 1956, Peden and his brother Don opened Peden Brothers Super Mart. In 1959, Joe and Don moved to Louisville to start Convenient Food Marts. The company later became CONNA Corp., the operator and franchiser of 400-plus convenience stores and 300-plus self-service gasoline outlets in more than a dozen states. When CONNA was acquired in 1986, Joe was serving as CEO and chairman.
Peden joined the NACS board in 1975.
Peden is survived by his brother, Donald Peden; his wife of 58 years, Mary G. Eades Peden; his children, Jeffrey Peden, Terry Widner, Mary Kathleen Allen and Melinda Simpson; and five grandchildren.
CSP sends condolences to his family, his friends and his colleagues.
Founded as the National Association of Convenience Stores, NACS is the international association for convenience and fuel retailing. The U.S. convenience store industry, with more than 148,000 stores across the country, posted $681 billion in total sales in 2011, of which $486 billion were motor fuels sales. NACS has 2,200 retail and 1,600 supplier member companies that do business in nearly 50 countries.