M&A
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Column
3 Big Numbers: How Casey’s and other c-stores are expanding
The Iowa retailer recently closed one big acquisition and Nouria just announced another. Meanwhile, Murphy USA grows organically.
By Jessica Loder • Nov. 8, 2024 -
Paytronix acquired by The Access Group
The deal will expand the offerings available through Paytronix’s platform and help accelerate its growth, executives said.
By Jessica Loder • Nov. 1, 2024 -
SpartanNash to buy three convenience stores
The grocery retailer and wholesaler said it is also in the process of “refreshing” its existing 36-location c-store network, the company’s CIO said.
By Sam Silverstein • Nov. 1, 2024 -
Column
3 Big Numbers: Stewart’s, Citgo and c-store (dis)satisfaction
Big M&A made headline, but a new customer satisfaction report shows retailers still need to focus on execution.
By Jessica Loder • Oct. 4, 2024 -
PepsiCo to acquire tortilla-chip maker Siete Foods for $1.2B
The acquisition expands on the New York company’s efforts to improve the healthiness of its snacking portfolio as consumers watch what they eat.
By Christopher Doering • Oct. 2, 2024 -
Stewart’s to buy 45-store chain
The acquisition of Jolley Associates will expand Stewart’s reach in Vermont and New York and introduce it to New Hampshire.
By Jessica Loder • Sept. 27, 2024 -
Column
3 big numbers: New c-store challengers and billions in beer
Legacy Markets burst onto the scene with big plans, Shelee’s built its first store and booze is still big business for c-stores.
By Jessica Loder , Brett Dworski • Sept. 20, 2024 -
6 c-store companies entering new states through M&A
Casey’s and FEMSA made massive moves to establish and expand their presence in the South.
By Jessica Loder • Sept. 19, 2024 -
Column
3 Big Numbers: C-store squatters, GetGo’s buyout and cheese
Alimentation Couche-Tard expanded on its reasons for buying GetGo, Blue Owl wants Gas Hub out and Casey’s makes literal tons of pizza.
By Jessica Loder • Sept. 13, 2024 -
Alimentation Couche-Tard, Seven & i publicly spar over buyout
The Canadian retailer said it wants to open talks to help refine its proposal, while the Japanese firm wants a better proposal before engaging.
By Jessica Loder • Sept. 10, 2024 -
Couche-Tard discusses strategy behind $1.6B GetGo acquisition
CEO Alex Miller referred to GetGo on Thursday as an “innovative, food-first” c-store experience that will bring expertise in foodservice and loyalty to Couche-Tard.
By Brett Dworski • Sept. 5, 2024 -
Casey’s boosts 3-year growth target to 500 stores
The retailer is on track to reach the original 350-site goal “nearly 18 months early” thanks to its upcoming CEFCO acquisition, said CEO Darren Rebelez.
By Jessica Loder • Sept. 5, 2024 -
True North acquires 15 c-stores in Wisconsin
This comes nearly three years after Brecksville, Ohio-based True North first entered Wisconsin, where the retailer now operates over 30 c-stores.
By Brett Dworski • Aug. 29, 2024 -
Why Texas has become the epicenter of c-stores in the US
Spurred by a fast-growing population and desirable building regulations, convenience retailers are flocking to the Lone Star State, experts say.
By Brett Dworski • Aug. 29, 2024 -
Texas c-store retailer acquires 17-location competitor
Fischer’s Neighborhood Market, which operates over 30 locations in south-central Texas, has agreed to acquire regional chain Mini Mart.
By Brett Dworski • Aug. 27, 2024 -
Column
Fueling Up: Couche-Tard is seizing the moment to dominate
Circle K’s parent company is on a mission to become the world’s largest c-store retailer, as evidenced by this week’s bid to acquire 7-Eleven and its deal to buy GetGo.
By Brett Dworski • Aug. 20, 2024 -
Examining the challenges — and likelihood — of Couche-Tard’s takeover of 7-Eleven
The Canadian retailer will undoubtedly face several hurdles in achieving what would be one of the biggest and most surprising M&A deals in recent memory, experts say.
By Brett Dworski • Aug. 20, 2024 -
Snickers owner Mars to buy Kellanova for $35.9B
The deal for the Cheez-It and Pringles maker is the biggest in the food space since the Kraft Heinz merger in 2015. It gives the gum and candy giant a dominant presence in savory snacks, where it currently has little exposure.
By Christopher Doering • Aug. 14, 2024 -
CrossAmerica increasing its retail focus
The firm converted 80 locations to company-owned sites as part of a plan to grow its c-store segment.
By Jessica Loder • Aug. 12, 2024 -
D&H United buys fellow fuel system services company
The deal for Missouri-based Show Me Petroleum Equipment is the company’s fifth acquisition in the past two years.
By Jessica Loder • Aug. 7, 2024 -
Casey’s to acquire CEFCO for $1.1B
The deal will add nearly 200 stores to the retailer’s footprint and introduce it to Florida, Alabama and Mississippi.
By Brett Dworski , Jessica Loder • July 26, 2024 -
United Refining acquires 14-store Pennsylvania chain
Pump N Pantry is leaving the industry after nearly 50 years, continuing a run of small retailers selling their businesses amid today’s difficult operating environment.
By Brett Dworski • July 16, 2024 -
No big deal: Small and mid-size M&A have ruled the c-store industry in 2024
While the first half of the year saw some big deals, most have been in the 10- to 60-store range as family-owned retailers continue to sell their businesses.
By Brett Dworski • June 27, 2024 -
Anabi/Rebel acquires 17 c-stores
Many of the Fast Track locations, which are all in northern Florida, include co-located QSRs that came with the deal as well.
By Jessica Loder • June 17, 2024 -
How Casey’s quietly acquired over 100 c-stores this past year
The Iowa-based retailer had one of its more active years on the M&A front through a series of small acquisitions of 10 stores or less.
By Brett Dworski • June 13, 2024