A widespread travel center chain will invest more than $1 billion in updating 200 locations over the next five years with its Strategic Remodel Initiative. On average, the chain will invest between $2 million and $7 million per location. The stores will remain open during the remodel process, and when completed each location will have…
Ambitious C-Store Chain Opens New Location
A new c-store location opened in Indianapolis on Friday, April 7 at 6 a.m. The store is located at 7815 E. Washington. WIth this new location now open, the chain officially operates a total of 11 stores in the Indianapolis area. This new pump-and-go location is a 4,400-square-foot store that sits on 3.66 acres. It…
Seven & i Holdings Continues to Review Strategies
Seven & i Holdings’ board, which has a majority of outside directors, issued a statement confirming the updated “Medium-Term Management Plan” announcement on March 9. In the statement, the company emphasized that the Strategy Committee, which is comprised only of outside directors, was created to guide the company’s successful execution of its strategy and assess…
Petro Serve USA Acquires CHS Sites
Petro Serve USA has announced the acquisition of three CHS Dakota Plains c-stores and hardware stores in Valley City and Litchville, N.D. The Valley City Times Record reported that most things will stay the same. All stores will remain Cenex branded, and all of the current employees have been offered employment under new ownership and…
CITGO Hosts First President’s Meeting Since 2013
CITGO Petroleum Corp. hosted its first President’s Meeting since 2013. Executives from CITGO met with leadership from the company’s Light Oils and Lubricants marketing partners in Scottsdale, Ariz., April 3-5. The President’s Meeting featured updates on the industry and the company, as well as a detailed review of CITGO branding, technology and investment initiatives for…
GetGo Café + Market Begins ‘Free Coffee Mondays’
GetGo Café + Market launched “Free Coffee Mondays” at all GetGo locations. It began April 3, and for a limited time, guests will get a free GetGo self-serve coffee with their Advantage Card every Monday, no purchase necessary. The promotion applies to any of GetGo’s fresh-brewed hot and iced coffee varieties, as well as the…
TravelCenters of America Prepares for bp Transaction
TravelCenters of America has announced that — due to the pending acquisition by bp — the company has filed its definitive proxy statement with the Security and Exchange Commission (SEC). Under the terms of the pending transaction, bp will acquire all of the outstanding shares of TA common stock for $86 per share in cash.…
Expanding C-Store Chain Names New CEO
With 26 current locations across Chicago; Washington, D.C.; Maryland; Virginia; Dallas; and Austin, Texas, a convenience store chain specializing in merging neighborhood retail and e-commerce technology announced that Liz Williams will take over as CEO for the brand, effective immediately. Williams joined the company in June 2022 as Foxtrot’s first president and chief financial officer…
Casey’s Acquires DeliMart Stores in Iowa
Casey’s has recently acquired five DeliMart stores in Iowa City, Iowa. The DeliMart stores officially closed on March 25. DeliMart employees will be offered a role at Casey’s, according to a report from The Gazette. Casey’s continues to expand with a total of 2,472 stores in 16 states, with 12 acquisitions so far in 2023,…
Choice Market to Scale Mini-Mart Format, Grow Leadership
Choice Market announced a funding round led by Denver Angels, Kimco Realty, Jogan Health and other private investors, according to Chicago’s Very Own WGN9. To date, the company has raised nearly $10 million across multiple rounds. The company is also announcing four new hires to join the team at Choice Market, bringing significant leadership experience…