Alimentation Couche-Tard announced that it has made a private agreement with Caisse de dépôt et placement du Québec (CDPQ) for the repurchase of 10,820,837 common shares of Couche-Tard. At CAD $64.69 per share, the total of the agreement totals approximately CAD $700 million, or a USD equivalent of roughly $531 million. The repurchase price represents…
bp and Lekkerland Sign Five-Year Partnership Extension
BP Europa SE and Lekkerland have announced a five-year extension of their partnership in Germany to deliver REWE To Go stores at Aral retail sites — bp’s German retail brand. This is bp’s largest European convenience supply agreement and brings together Germany’s largest forecourt brand with one of the country’s leading convenience specialists, to provide…
Foxtrot Opens New Site in City Hall Building
Foxtrot has opened a new c-store in the City Hall building of Austin, Texas, reported Retail Dive. This is the chain’s third location in the city. Co-founders Mike LaVitola and Taylor Bloom have extensive history in Austin, which is where they were living when they launched the company. Foxtrot has also announced plans to open…
Stewart’s Shops Unveils New York Location
Stewart’s Shops has opened a brand new c-store in Utica, N.Y., adding to its growing footprint in the area. The site is one of four Stewart’s Shops in Utica and is located just minutes away from Utica University and the Utica Zoo. The shop offers customer favorites like chili, mac and cheese, soups and meatballs…
Wawa Plans to Add Second Ohio Store
Wawa has expressed interest in building a new c-store in Huber Heights, Ohio, reported Dayton Daily News. The proposed site — which would take up 5.41 acres of land — would be the chain’s second store in Ohio, following an approved February proposal to expand to Liberty Township. Earlier this month, Huber Heights planning commission…
Buc-ee’s Announces Plans for New Virginia Site
Buc-ee’s announced that it will be opening its second Virginia location in Rockingham County, reported WHSV. The Texas-based chain also has plans to build another store in New Kent County, Va. Known for holding the title of world’s largest convenience store, the chain currently operates almost 60 locations throughout the country. Buc-ee’s has been working…
MAPCO Launches Second Checkout-Free Store
MAPCO has launched a new checkout-free store in Nashville, Tenn. Working with Grabango, customers at the MAPCO store can skip the line and pay for their products with their credit card or mobile wallet without having to wait in a checkout line. “We’re thrilled to bring Grabango’s seamless checkout experience to additional Nashville customers, who…
Love’s Hires Chief Supply Chain Officer
Love’s Travel Stops has hired Eddie Burt, an industry veteran, as the company’s first chief supply chain officer. Burt has 30 years of experience in roles across distribution, transportation, merchandising, human resources, loss prevention, real estate operations and store maintenance and repair. In this role, he will oversee operational control of Love’s supply chain, including…
NCR Releases Business Names Before Planned Separation
Enterprise technology provider NCR has released the names of the two companies that will be created after its planned separation — NCR Voyix and NCR Atleos. Selecting company names is a key milestone in NCR’s previously announced plan to separate into two independent, publicly traded companies, which is expected to occur in the fourth quarter…
Stewart’s Shops Shows EV Capabilities
Stewart’s Shops was part of a promotional event put on by Hydro Quebec to promote electric vehicle (EV) charging stations. Stewart’s Shops currently has 12 EV charging stations across New York and Vermont. Hydro Quebec arranged for an EV driver to travel from Montreal to New York City to promote the use of electric vehicles.…