C-stores face the demographic cliff

C-store operators are facing an upcoming “demographic cliff” expected in 2030, but new technology can help.

May 15, 2023

United Pacific acquires 10 Cruisers c-stores in California

The West Coast retailer has also sold its wholesale fuel segment in a separate transaction.

By Brett Dworski • May 12, 2023

Pilot’s new CEO talks priorities and challenges

Adam Wright told CNBC he’s focused on improving the retailer’s employee and customer experiences as he prepares to assume leadership of the travel center chain May 30.

By Brett Dworski • May 11, 2023

TravelCenters of America’s shareholders approve BP merger

About 93% of investors voted in favor of the deal, signaling an end to a hectic past few months since the offer was initially made.

By Brett Dworski • May 10, 2023

Arko already seeing benefits from fas Rewards refresh

The company also announced a greater focus on six “core destination categories” along with fresh and grab-and-go food during its earnings call Tuesday.

By Jessica Loder • May 10, 2023

Delek again teases M&A as retail earnings slip

On Monday’s earnings call, President and CEO Avigal Soreq reiterated to shareholders his drive to land a deal: “I'm more aggressive than you, and I want it more badly than you [do].”

By Brett Dworski • May 9, 2023

US supports sale of CITGO by next summer

The Biden administration has said it would no longer protect the Venezuelan state-owned oil giant from seizure to pay off creditors.

By Brett Dworski • May 8, 2023

Arenas, airports offer a new frontier for c-stores

As gasoline becomes less integral to everyday life, convenience retailers are exploring other areas where speedy service is key.

By Jessica Loder • May 8, 2023

Parkland appoints new board members chosen by shareholder

The swap comes about six weeks after the retailer agreed to let Simpson Group designate up to two nominees.

By Brett Dworski • May 5, 2023

Global Partners CEO talks EV charging hurdles

While the company has seen some success via government aid, “I think we're still a little reticent to go after [EV charging] on our own,” Eric Slifka said.

By Brett Dworski • May 5, 2023

Parkland looking to sell $500M worth of assets

Facing investor pressure to restructure, the company has decided to offload retail sites and logistics assets that no longer align with its core business.

By Brett Dworski • May 4, 2023

Murphy USA set on low-cost strategy despite shrinking margins

The retailer has “intentionally lagged” broader QSR price increases by 10% over the past two years, while its foodservice operating costs grew 6% this past quarter.

By Brett Dworski • May 4, 2023

Couche-Tard’s head of innovation resigns

Magnus Tagtstrom, who created the retailer’s recently shuttered global innovation team, has joined software company Iterate.Ai.

By Brett Dworski • May 3, 2023

Sunoco grows fuel distribution arm with $110M acquisition

The company plans to continue seeking deals, CEO Joe Kim said on a recent earnings call.

By Brett Dworski • May 3, 2023

JUUL names new CFO, WSJ reports

Vittal Kadapakkam was most recently chief strategy officer for the company, which has also named Rudy Lawrence as its new COO.

By Jessica Loder • May 3, 2023

Foxtrot’s new CEO talks expansion and innovation

Restaurant industry veteran Liz Williams discusses what the urban c-store chain is planning — from new pizza options to suburban stores — as she tackles her new role.

By Brett Dworski • May 2, 2023

Couche-Tard acquires Dion’s c-store chain in Florida

The acquisition includes 11 locations in the Keys, with the Canadian retailer set to keep all employees and foodservice operations intact.

By Brett Dworski • May 1, 2023

Couche-Tard sued by Polar beverage maker

Court documents say the retailer is breaking a 16-year-old agreement between the two companies that prohibits certain branding and advertising actions related to Polar Pop.

By Brett Dworski • May 1, 2023

How grocery-owned c-stores are approaching loyalty

Companies like Hy-Vee, Giant Eagle and Kroger have enhanced their loyalty programs in recent years to drive traffic across their food and fuel offerings.

By Christine Blank • May 1, 2023

5 things to watch for in the latest round of c-store earnings

This past quarter saw a flurry of activity by some of the largest publicly traded retailers. Here are some of the hot topics to monitor in the coming weeks.

By Brett Dworski • May 1, 2023

Majors Management to acquire MAPCO in two-part deal

Majors will get the MAPCO brand, loyalty program and numerous Southeast stores, while Couche-Tard will take over 112 locations.

By Brett Dworski • April 28, 2023

7-Eleven VP departs for Wingstop

Raj Kapoor will oversee the chicken chain’s growth and development strategy for international markets.

By Brett Dworski • April 27, 2023

BP names new Archaea Energy CEO

This is the latest executive change the company has made in areas it calls its “growth engines” — bioenergy, convenience, EV charging, renewables and hydrogen.

By Brett Dworski • April 27, 2023

Mountain Express Oil secures $37M financing as it seeks a buyer

New court documents note that the retailer has an “immediate” need to use the funds towards selling the entire company as it proceeds through bankruptcy.

By Brett Dworski • April 27, 2023

Wawa, QuikTrip hit 1K stores

Reaching 1,000 locations will make these companies the first two privately owned U.S. convenience retailers to achieve the milestone.

By Brett Dworski • April 26, 2023