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Love’s launches $1B store remodel project
The retailer will invest between $2 million and $7 million into 200 stores, which will be updated with open-kitchen concepts, restaurants and more.
By Brett Dworski • April 10, 2023 -
Retrieved from Cenex Zip Trip.
Petro Serve USA acquires 3 Cenex Zip Trip stores
Locations will keep their banners, and all employees have been offered the opportunity to remain in their current positions under the new ownership.
By Brett Dworski • April 10, 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 -
Kwik Trip outlines 2023 expansion plans
The retailer is set to open more than 30 new builds across six states by the end of the year, a spokesperson said.
By Brett Dworski • April 7, 2023 -
Walmart to install EV chargers at thousands of stores by 2030
The big-box retailer already has around 1,300 chargers at 280 of its sites but plans to further leverage its vast store network.
By Jessica Loder • April 7, 2023 -
7-Eleven to expand to 11 more countries by 2030
The retailer’s international subsidiary is looking at Germany, France and Ireland, among others, after arriving in Israel in January.
By Jessica Loder • April 6, 2023 -
Q&A
How an in-house fleet supports Love’s growing national footprint
The private fleet arm of the travel center operator expects to hire over 300 drivers this year.
By Larry Avila • April 6, 2023 -
Seven & i doesn’t budge as more investors criticize its corporate strategy
Three investors — including an anonymous one — now blame the retailer’s stagnant share price on “management's attachment to a conglomerate structure,” according to Reuters.
By Brett Dworski • April 6, 2023 -
Retrieved from CrossAmerica Partners website.
CrossAmerica expands credit availability to $925M
This agreement allows the company to pay off its 2021 7-Eleven acquisition and pushes the maturity date to 2028.
By Jessica Loder • April 5, 2023 -
Retrieved from Coinhub.
7-Eleven, Circle K and others ramp up Bitcoin ATMs
The retailers are partners with Coinhub, which is bringing over 1,000 machines to c-stores around the country.
By Brett Dworski • April 5, 2023 -
Here’s how much the c-store industry’s top CEOs are earning
Among publicly traded companies, multiple executives earned over $12 million last year, while another collected just over $1 million, revealing a wide range in total compensation.
By Brett Dworski • April 4, 2023 -
Foxtrot promotes Liz Williams to CEO
As the former CFO takes her new post, former CEO Mike LaVitola is moving into the chairman role for the Chicago-based chain.
By Jessica Loder • April 3, 2023 -
Activist investor puts more pressure on Seven & i
ValueAct “has little confidence” in the company’s corporate strategy and is requesting it answer a series of questions about its direction during the next shareholder meeting April 6.
By Brett Dworski • April 3, 2023 -
BP and Uber to provide fast EV chargers to the ride-hailing company’s drivers
This follows the retailer's agreement to acquire TravelCenters of America in February as it aims to create the “mobility site of the future.”
By Dan Zukowski • April 3, 2023 -
Poor outdoor lighting outpaces bad customer service as biggest c-store deterrent, study says
About 8.5% of consumers said dark forecourts would make them avoid visiting a c-store, more than any other factor, according to PDI Technologies and GasBuddy.
By Brett Dworski • March 31, 2023 -
Retrieved from TA press release.
Major M&A kept the c-store industry on its toes in Q1
Hefty deals were struck and rumors of other large-scale acquisitions are swirling. Here’s a recap of the top mergers and acquisitions news from the first quarter.
By Jessica Loder • March 30, 2023 -
Retrieved from Casey's website.
Casey’s acquires DeliMart c-store chain in Iowa City
The move comes just a couple of weeks after President and CEO Darren Rebelez said the company had “stayed busy evaluating potential deals both large and small.”
By Brett Dworski • March 30, 2023 -
Retrieved from Landmark Group.
Global Partners to acquire 64 Timewise c-stores in Houston
If approved, the assets would be purchased under a joint venture between Global and ExxonMobil called Spring Partners Retail LLC.
By Brett Dworski • March 30, 2023 -
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.
By Brett Dworski • March 29, 2023 -
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.
By Brett Dworski • March 29, 2023 -
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.
By Brett Dworski • March 29, 2023 -
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.
By Jessica Loder • March 29, 2023 -
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.
By Frank Beard • March 28, 2023 -
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.
By Jessica Loder • 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.
By Brett Dworski • March 28, 2023 -
Activist investor looking to oust 4 Seven & i directors
ValueAct said it has grown frustrated that the retailer hasn’t adopted a strategy to grow faster and improve its profitability and market valuation.
By Brett Dworski • March 27, 2023