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

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Top 5 stories from C-Store Dive

Top 5 stories from C-Store Dive 2023/2024

By C-Store Dive staff

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

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

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

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

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

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

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

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

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

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.

By Brett Dworski • Updated March 28, 2023

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.

By Jessica Loder • March 27, 2023

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.

By Jessica Loder • March 27, 2023

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.

By Brett Dworski • March 24, 2023

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. 

By Brett Dworski • March 24, 2023

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.

By Jeff Wells • March 24, 2023

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.

By Brett Dworski • March 23, 2023

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.

By Brett Dworski • March 23, 2023

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.

By Brett Dworski • March 22, 2023

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.

By Sam Silverstein • March 22, 2023

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.

By Jessica Loder • March 22, 2023