The Latest
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Retrieved from Couche-Tard.
Couche-Tard shutters global innovation team
The internal division oversaw tech-focused programs like the company’s Smart Checkout initiative and its retail innovation lab at McGill University.
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Major 7-Eleven supplier plans Ohio-area plant
Warabeya Nichiyo’s third U.S. facility will serve 2,500 Midwestern stores, including 1,000 Speedways, with plans to open in late 2024.
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Retrieved from TA press release.
Arko makes another push to acquire TravelCenters of America
A day after TA rejected the rival bid for its assets, GPM Investments’ parent company has issued a letter to TA’s board detailing its finances in an effort to get a deal made.
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Column
What does convenience look like in a future where fuel matters less?
The c-store model hasn’t changed much in recent decades, but new formats from Yesway, Casey’s and Urban Value Corner Store offer key insights to addressing the rise of electrification, writes Frank Beard.
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Choice Market plans to scale up with mini stores
The retailer looks to open at least five more frictionless Mini-Mart c-stores by the end of 2023 “with a big ramp in 2024,” founder and CEO Mike Fogarty said.
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Kent Kwik to buy 14-store Florida chain
The acquisition of the Tom Thumb Food Stores marks The Kent Companies’ c-store entrance into the Sunshine State.
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Retrieved from TravelCenters of America press release.
TravelCenters of America confirms rejection of Arko acquisition bid
In an announcement Tuesday morning, the chain said its board determined the offer wasn't superior to BP's, and wouldn't lead to a better offer.
Updated March 28, 2023 -
Retrieved from EG Group website.
EG Group’s owners ‘racing to complete’ Asda merger
A Monday report in The Times of London noted that the potential deal would be worth up to $16 billion.
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Inside Dash In’s new food-focused store format
The company’s updated design and made-to-order menu recently greeted shoppers in Loudoun County, Virginia, and will eventually roll out across the 54-store chain.
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Retrieved from TA press release.
Longtime TravelCenters of America president and CEO passes away
Edwin P. Kuhn served in leadership positions for the company from 1992 to 2007, overseeing big acquisitions and the transition away from its truck-focused roots.
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Retrieved from Mountain Express.
Mountain Express Oil exploring sale
Days after filing for Chapter 11 bankruptcy protection, the retailer and fuel supplier has received post-petition financing tied to a sale process, court documents show.
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QuikTrip pilots concept in first of 6 Mississippi locations
The retailer's travel centers feature a larger lot, more room in the store, 20 fueling locations for cars and six diesel bays.
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Love’s aims to hire 2k workers
The company will hold its fifth annual nationwide hiring event later this month, with positions available at its stores, truck care centers and customer service facility.
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Retrieved from Parkland.
Parkland to let largest shareholder name two new board members amid investor pressure
Simpson Oil, which owns 19.6% of Parkland shares, will get to nominate two investment managers to Parkland’s board — a “coincidental” development in light of Engine Capital’s push to realign the company.
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Retrieved from Delek website.
Delek’s chief operating officer to step down this year
Todd O’Malley’s responsibilities will be split between Delek’s EVP and Chief Commercial Officer Patrick Reilly as well as newly hired EVP of Operations Joseph Israel.
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Retrieved from BP.
BP names two board members as it focuses on ‘growth engines’
The appointments earlier this month come as the company looks to capitalize on its bioenergy, convenience, EV charging, renewables and hydrogen segments.
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Retrieved from Murphy USA website.
In tough economic times, Murphy USA thrives
But as the company eyes a 500-store expansion, it will be challenged by “stagnant fuel demand, normalizing retail margins and increasingly savvy competition,” one expert noted.
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Rutter’s names new director of fuels
Kevan Anderson, who has worked in the fuel industry for more than nine years, will oversee procurement, pricing and strategy in the division.
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Retrieved from Parkland website.
Hedge fund pushes for Parkland to split its business or sell the company
“Parkland in its current form does not work as a standalone public entity,” Engine Capital said in a letter to the retailer’s board of directors.
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Giant Eagle CEO abruptly departs
The company that oversees GetGo c-stores has parted ways with Laura Shapira Karet, who served as chief executive beginning in 2012, and named Bill Artman as its interim leader.
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How Rutter’s large c-stores aim to future-proof the business
As the chain expands, it’s building locations that are notably bigger than its current sites. That should leave plenty of space to take advantage of new opportunities in foodservice, gaming and more.
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GetGo to bring bitcoin ATMs to 125 locations
The Pittsburgh-based company joins a growing list of c-store operators doing the same, as retailers seek new ways to bring customers inside their stores.
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Exploring Buc-ee’s growth beyond Texas
An interactive map highlights the supersized c-store chain’s rapid expansion into new states like Wisconsin, Colorado and Virginia.
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Quality Mart tests delivery and pickup service
The North Carolina-based chain is testing e-commerce service at five locations using technology from Swipeby, which has mainly focused on restaurants.
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Retrieved from Mountain Express press release.
Mountain Express Oil files for bankruptcy
The retailer’s c-stores are expected to maintain normal operations during this reorganization.