7–Eleven has signed a master franchise agreement with Electra Consumer Products to develop and operate 7–Eleven stores in Israel. Electra is a subsidiary of ELCO, an Israeli company with a multi-faceted portfolio of business interests. The expansion marks the 7-Eleven brand’s first entry into Israel and will be the 19th country in which 7-Eleven stores…
7-Eleven Opens First Location in India
7-Eleven is opening its first store in India on Saturday, Oct. 9, in Mumbai, India’s largest city and the country’s economic powerhouse. Opened by 7-India Convenience Retail, a wholly owned subsidiary of Reliance Retail Ventures, this 7-Eleven store offers residents and tourists its style of convenience, signature food and drinks, as well as products and…
The Kent Cos. Acquires 11 Bountyland Stores
Kent Kwik convenience stores, an entity of The Kent Cos., has entered into an agreement to acquire the assets of Bountyland Petroleum and Bountyland Food Service, based out of Seneca, S.C. The acquisition will include 11 company-operated Exxon-branded Bountyland stores, branded and unbranded dealer wholesale supply accounts, and a transportation company. The acquisition will increase…
Instacart Acquires FoodStorm, Order-Ahead and Catering Technology
Instacart, an online grocery platform in North America, announced its acquisition of FoodStorm, a SaaS order management system (OMS) that powers end-to-end order-ahead and catering experiences for grocery retailers. With this acquisition, Instacart is expanding its enterprise technology portfolio to further support its retail partners’ ecommerce needs, investing in more innovative technology solutions that help…
How to Plan for the Pending Cookie Apocalypse Using Autonomous Check-In, Checkout
As the unanticipated impact of the pandemic magnified the need for online to offline (O2O) solutions and order ahead for convenience stores, so too will the pending cookie apocalypse by Google drive the business case for autonomous check-in and checkout. Verifiable O2O attribution from known users commands the highest trade promotion, placement and slotting fees,…
MAPCO Expands, Redesigns Tennessee Location
MAPCO has redesigned and expanded its location at 2732 York Road serving the Pleasant View and Coopertown, Tenn., communities. The 3,975-square-foot store, on 9.32 total acres, now boasts new programs including a refreshed Krispy Krunchy Chicken offer, cold grab-and-go options, a roller grill serving a selection of hot food, better-for-you products, ICEE & fountain drinks,…
K Energy Helps Bring VP Racing Fuels to Puerto Rico
VP Racing Fuels, specializing in performance fuels, lubricants, additives and retail, announced a major expansion into the island of Puerto Rico, aligning with K Energy of San Juan. “Puerto Rico is a natural extension of VP’s Branded Retail expansion plans, and K Energy, with its initial multi-store investment, is perfectly positioned to make VP the…
Cumberland Farms Opens New ‘Farmhouse Fresh To Go’ Store in Connecticut
Cumberland Farms opened its new location at 1680 Straits Turnpike in Middlebury, Conn., on Thursday, Sept. 30. The new store features the company’s innovative design, equipment and menu — all of which were created to expand the food choices and enhance the guest experience. Spanning more than 4,400 square feet, the Straits Turnpike location will…
From Dayparts to Killowatts, NACS Panels Say Focus on the Customer
If you’re in the convenience retail world, you’ve doubtless heard it many times: “The customer is always right.” In today’s digitally connected marketplace, technology and more demanding consumers seem to have called for an update to that old cliche: “The customer expects better.” That theme was the common thread that ran through a pair of…
NACS Sessions Stress Digitizing Operations Benefits Loyal Customers, Employees
Digital engagement and mobile coupons paired with newfangled, high-tech equipment and unfamiliar terms can make the prospect of the electronic back office and cardless loyalty membership more than a little daunting to a c-store operator. Still, a pair of panels taking up those very issues on Day 2 of the National Association of Convenience Stores…