Energy efficiency is more than just upgrading the lighting to LEDs in and around your store. But lighting is a good place to start. With recent advances in lighting and other sustainable materials, the initial cost is offset by future savings quickly, which is a positive as energy costs continue to rise. “An LED upgrade…
Global Partners to Expand Into Houston
Global Partners has announced a plan to expand into Houston through an acquisition with ExxonMobil. Both companies have signed an agreement to acquire 64 Houston-area convenience and fueling facilities from the Landmark Group. The deal is subject to regulatory clearance and the satisfaction of closing conditions and is expected to be completed in the second…
ARKO Shares Updates on TA Acquisition Proposal
ARKO Corp. issued a letter to TravelCenters of America’s (TA) board, setting forth additional details of ARKO’s financing in connection with its proposal to acquire TA, and again asking for TA’s engagement with ARKO in the sale process. The letter, as well as a Current Report on Form 8-K filed with the Securities and Exchange…
Dash In Opens Reimagined Store in Virginia
Dash In has announced the opening of a completely redesigned store in Loudoun County, Va. The all-new Dash In location features a reimagined store experience and new menu that uses simple, fresh ingredients. The first-of-its-kind Dash In invites guests to linger by offering both indoor dining and outdoor patio seating. The 5,600 square-foot store features…
QuikTrip Expands to Mississippi
QuikTrip (QT) opened a new Remote Store Network location in Clinton, Miss., the first QT location in Mississippi. Additionally, QT plans to open more Mississippi locations in Flowood, Jackson, Byram, Olive Branch and Gulfport by the end of this year. The opening day of business was March 23. The Travel Center features a larger designed…
The Kent Cos. Acquires Tom Thumb Food Stores
Kent Kwik Convenience Stores, an entity of The Kent Cos., has entered into an asset purchase agreement to acquire the Hialeah, Fla.-based Tom Thumb Food Stores Inc. “I have always admired their business model, leadership and community support. I am honored that they would entrust their legacy to our company,” said Bill Kent, owner and…
NAG Burning Issue Sessions Discuss Culture, Foodservice
On Monday, March 27, the National Advisory Group (NAG) Conference got underway at the JW Marriott in Austin, Texas, with educational sessions on developing your corporate culture and forecasting future foodservice demand. NAG Executive Director John Lofstock welcomed attendees to the conference. “What makes NAG special is that this is truly your association. The educational…
ARKO Corp. Proposes Acquisition of TravelCenters of America
ARKO Corp. has proposed an acquisition of TravelCenters of America (TA), issuing a letter to TA’s board urging them to consider the proposition. The company also implored TA to engage with, rather than exclude, ARKO in the sale process. Following the submission of ARKO’s March 14 proposal to acquire TravelCenters for $92 a share and…
Prominent Energy Company Makes Leadership Changes
A prominent downstream energy company with assets including convenience store retailing announced changes to its senior leadership team: Joseph Israel named executive vice president, operations, effective March 27 Tommy Chavez named senior vice president, refining operations, effective April 10 Todd O’Malley, executive vice president and chief operating officer, pursuing other opportunities Nithia Thaver, executive vice…
Parkland Announces Agreement With Simpson Oil
Parkland Corp. announced it has entered into an agreement with its largest long-term shareholder Simpson Oil Ltd. The agreement furthers the longstanding and successful relationship between Parkland and Simpson Oil. The agreement provides Simpson Oil, holder of over 19% of the issued and outstanding Parkland shares, the right to designate up to two nominees for…