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Retrieved from Enel X.
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 -
Retrieved from Parkland website.
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 -
Explore the Trendline➔
Permission granted by ThorntonsTrendlineTop 5 stories from C-Store Dive
Top 5 stories from C-Store Dive 2023/2024
By C-Store Dive staff -
Retrieved from Murphy USA website.
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 -
Retrieved from Couche-Tard.
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 -
Retrieved from Sunoco.
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 -
Retrieved from Foxtrot website.Q&A
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 -
Retrieved from Circle K press release.
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 -
Retrieved from Circle K.
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 -
Retrieved from MAPCO.
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 -
Retrieved from Mountain Express.
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 -
Retrieved from Wawa press release.
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 -
Retrieved from Royal Farms.
Royal Farms to open first North Carolina store May 1
The retailer’s arrival in the Tar Heel State comes about five months after revealing plans to expand into the region.
By Brett Dworski • April 25, 2023 -
Retrieved from Neon Marketplace.
Neon Marketplace names new CEO
Adi Dhandhania will take the reins of the seven-store retailer, focusing on its growth strategy and brand evolution.
By Brett Dworski • April 25, 2023 -
Retrieved from TravelCenters of America press release.
Is this the end of Arko’s rival bid for TravelCenters of America?
The company’s counteroffer was again rebuffed and, while it questioned TA’s engagement on the matter, Arko acknowledged that time may have run out.
By Jessica Loder • April 25, 2023 -
C-store expenses are growing rapidly. How can retailers control them?
As expenses continue to grow with no sign of slowing down, keeping them in check will be the number one priority for retailers in 2023, according to NACS.
By Brett Dworski • April 25, 2023 -
Maverik and Kum & Go will create a new c-store giant. But it won’t be easy, experts say.
The combined retailer is set to have more than 800 locations across 20 states, yet questions about branding, operations and more loom.
By Brett Dworski • April 24, 2023 -
Maverik to acquire Kum & Go
The move came about eight weeks after reports surfaced that the Des Moines, Iowa-based retailer was exploring a sale.
By Brett Dworski • April 21, 2023 -
ValueAct: ‘It is time to find a new president for Seven & i’
The activist investor is calling for an end to Ryuichi Isaka’s leadership — the latest in an ongoing feud between the companies, according to a Reuters report.
By Brett Dworski • April 21, 2023 -
Retrieved from Parkland.
Parkland stands firm amid increasing investor pressure
Activist hedge fund Engine Capital is threatening to withhold support on all incumbent directors at the retailer’s annual meeting May 4.
By Brett Dworski • April 21, 2023 -
Retrieved from Vertex Energy.
Former Parkland USA president joins Texas fuel company
Doug Haugh will oversee all of Vertex Energy’s commercial operations, from feedstock to finished products.
By Brett Dworski • April 21, 2023