The Latest
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Yesway outlines new store formats as part of ‘aggressive’ growth plans
The company is “tinkering” with alternative store models like a superette and a frictionless nano store, CMO Derek Gaskins said at the Sweets & Snacks Expo.
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Retrieved from TravelCenters of America press release.
TravelCenters of America names incoming CEO, CFO
Debi Boffa and Babu Rajalingam will be TA’s next CEO and CFO, respectively, as it shifts into its next phase as a part of oil giant BP.
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Seven & i board nominees survive challenge from ValueAct
Board President Ryuichi Isaka, whom the activist investor had targeted for removal, earned more than 76% approval from shareholders.
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Retrieved from Landmark Group.
What 5 c-store CEOs are saying about M&A
Leaders from Delek, Arko, Parkland, Global Partners and CrossAmerica Partners recently updated investors on their plans and expectations.
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Panera Brands shuffles execs as it prepares to go public
The company appointed Niren Chaudhary, current Panera Brands CEO, as chairman of the board and José Alberto Dueñas, current CEO at Einstein Bros. Bagels, as Panera Brands’ chief executive.
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Retrieved from Parker's.
Parker’s CEO to stand trial in fatal boat crash civil suit
Greg Parker is accused of negligence and other wrongdoing after a minor bought alcohol at one of his stores and later allegedly caused an accident that killed Mallory Beach in 2019.
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What c-store retailers need to watch in labor law changes
Rules about overtime-exempt workers and how to determine if someone is an employee or independent contractor may soon shift, legal experts said during a recent NACS presentation.
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Why 2 major c-stores are getting pressured by investors
The conglomerate structure that Parkland and Seven & i have built can be a prime target for firms to try and break up, according to one expert.
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Watch out, Buc-ee’s. Here comes Wally’s.
After debuting in 2020, the company plans to break ground on its third supersized c-store this year and has its eyes on nationwide expansion, its CEO says.
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Chevron to purchase PDC Energy for $6.3B
The acquisition, which is expected to close by the end of the year, should add $1 billion in free cash flow to the oil major’s financials.
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QuikTrip arrives in Chicago
The retailer’s new travel center in Bellwood, Illinois, is its sixth store in the state and comes eight months after it revealed plans to enter the Windy City.
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Retrieved from City of Greenville.
Spinx looking to build food-focused ‘alternative format’ store
The retailer plans to occupy a 25,000-square-foot building in Greenville, South Carolina, where it will prioritize grocery items in addition to standard c-store products.
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Circle K scales private label wine brands chainwide
The rollout includes its value-priced Sunshine Bliss label, now available at 3,000 stores, and a premium line that’s available at 900 locations.
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Retrieved from Big Y Foods.
Big Y supermarket to open 2 new c-stores this summer
The grocery retailer opened its first express gas station in 2013, and expects to debut its 16th and 17th locations on July 15.
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Column
The Road Ahead: Is computer vision being applied to the wrong problem?
The best way to take advantage of innovation may not be with flashy checkout tech, but revolutionizing inventory, reordering and other data-heavy tasks, writes columnist Frank Beard.
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Thorntons adds fuel discount to rewards program
The program offers 5 cents off each gallon of gasoline when users fill up and weekly Flash Fuel offers of up to 20 cents off, with a cap of 35 gallons.
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Retrieved from Casey's website.
What can retailers learn from Casey’s loyalty refresh?
An analyst who has worked on the retailer’s rewards program discusses its latest platform upgrade and where he sees c-store loyalty heading.
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Retrieved from Amazon press page.
Amazon Go boosts made-to-order menu
After closing eight stores in March, the brand is expanding its foodservice offerings with new sandwiches and quesadillas.
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Retrieved from Majors press release.
Majors Management sells recently acquired commercial fuels business
Offloading that segment will allow the retailer to focus on the fast-growing c-store side of its business, according to its president.
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Retrieved from Casey's.
Casey’s revamps loyalty app
The refreshed platform makes it easier for members to track points, redeem rewards and check their lifetime savings totals.
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Casey’s digital guru Art Sebastian is leaving the company
The executive’s departure comes as Casey’s continues the digital transformation efforts he established over the past few years, including launching its retail media network in 2022.
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Wawa expanding its corporate catering business
The foodservice-focused retailer now offers breakfast, coffee and lunch items to business clients across its 1,000-store footprint via the ezCater marketplace.
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Retrieved from Upside website.
Road Ranger seeks to boost visits through cash-back app
The travel center company joins a number of other c-store chains that have partnered with Upside, including Casey’s, Circle K and Stinker Stores.
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Top proxy advisors support alternate board slate for Seven & i
ISS and Glass Lewis have backed four candidates proposed by ValueAct, with ISS adding that the prospect of Seven & i’s incumbents winning is “not reassuring for investors.”
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C-store retailers weigh in on automation, AI and data challenges
While operators acknowledged these technologies can help with tasks like shift scheduling and assigning duties, some remain hesitant to go full-speed ahead.