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Couche-Tard, Pantry Deal Complete

Couche-Tard reviews third quarter results. Couche-Tard has completed its acquisition of The Pantry through an all-cash transaction valued at US $36.75 per share, with a total enterprise value of approximately $1.7 billion including debt assumed. The Pantry operates over 1,500 stores in 13 states. “The third quarter of fiscal 2015 was marked by the great

E-Zmart

E-Z Mart Selects PriceAdvantage Fuel Pricing Software

Gains greater speed and control over fuel pricing. E-Z Mart has chosen PriceAdvantage software to drive fuel pricing automation at 286 convenience stores throughout Arkansas, Louisiana, Oklahoma and Texas. E-Z Mart selected PriceAdvantage based on the software’s automation of manual processes, management by exception tools, and demonstrated return on investment. “Simply put, we wanted greater

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Couche-Tard Acquiring Tiger Tote Food Stores

Circle K to gain 21 stores and 151 dealer sites in Texas, Mississippi and Louisiana. Alimentation Couche-Tard Inc. has signed, through its wholly-owned indirect subsidiary, Circle K Stores Inc., an agreement with Cinco J, Inc. (doing business as Johnson Oil Co.), Tiger Tote Food Stores and their affiliates to acquire 21 stores, 151 dealer fuel

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Couche-Tard, Pantry Merger Set To Close Today

Now that the HSR waiting period has expired, the acquisition is expected to be finalized soon. Alimentation Couche-Tard Inc. announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (“HSR Act”) applicable to the offer made by its indirect wholly-owned U.S. subsidiary to acquire The Pantry has expired. The expiration

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7-Eleven Announces Franchise Contest Semi-Finalists

Public to choose top three finalists among 10 semi-finalists vying for franchise fee-free 7-Eleven store. And now there are 10. Ten military veterans or those soon to leave the U.S. Armed Forces are competing for the public’s favor and the opportunity to own a 7‑Eleven franchise without the expense of a franchise fee. The Facebook

Pilot Travel Center - Jasper, Florida 1

Pilot Flying J To Settle Lawsuits With Three Trucking Companies

Four additional trucking companies are continuing a civil lawsuit. Pilot Flying J is settling lawsuits with three trucking companies who allege the company cheated them out of fuel rebates, ABC News Cleveland reported Attorneys for National Retail Transportation, Keystone Freight and Shoreline Transportation of Alabama notified U.S. District Court Judge Amul Thapar of the settlement

CNG

Natural Gas Fueling Station Opens In Orlando

New station at Orlando International Airport to service a range of vehicles. Clean Energy Fuels Corp. announced the opening of its newest natural gas fueling station, located at 6155 Cargo Road, Orlando, Fla. The new station at Orlando International Airport is open to the public 24/7 and can accommodate a variety of natural gas vehicles

gas_pumps

Meeting America’s Fuel Efficiency & Environmental Goals

Automakers and Diesel Associations outline benefits of new diesel technology on Capitol Hill. As the U.S. advances efforts to increase passenger car mileage and decrease Greenhouse Gas emissions in the coming years, advanced clean diesel vehicles can play a key role in achieving efficiency and environmental gains providing new government policies don’t hinder current or

gas_pumps

An End To Climbing Gas Prices?

Prices dip after a 40-day climb, but more fluctuation is expected. The national average price of regular unleaded gasoline dipped on March 8 for the first time since increasing for 40 consecutive days—the longest streak of daily price increases since 2011, AAA reported. During the 40-day rise, average gas prices grew by 43 cents per

Mobile

7-Eleven Launches 7Rewards Loyalty Platform on App

When customers buy six drinks they get the 7th free. 7‑Eleven Inc. is launching 7Rewards, an expanded customer loyalty platform that rewards customers with a free beverage for every six cups purchased through its 7‑Eleven mobile app. The program includes 7‑Eleven coffee and its other hot beverages, Big Gulp, Slurpee and Chillers drinks. “7‑Eleven is

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The Pantry Stockholders Approve Merger With Couche-Tard

Stockholders to receive $36.75 in cash per share. The Pantry Inc. announced that its stockholders approved the previously announced Agreement and Plan of Merger with a U.S. subsidiary of Alimentation Couche-Tard Inc. at its special meeting of stockholders. Based on the tabulation of the stockholder vote, approximately 99% of the total votes cast, which represents

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SAS Trade Show Spotlights New Items

Draws more than 200 exhibitors. The final curtain has closed and the award for “Best in Show” goes to S. Abraham & Sons for their 29th Annual Vendor Exhibit and Trade Show—“SAS Celebrates the Stars of Convenience Retailing.” More than 200 manufacturers exhibited their products to convenience store chains and single-store owners during the show,

travel centers of america logo

TravelCenters of America Acquires 26 Convenience Stores

Looks to rebrand newly acquired sites under its Minit Mart brand. TravelCenters of America LLC (TravelCenters), operator of the TA and Petro Stopping Centers travel center brands, and the Minit Mart convenience store brand announced that it has acquired a total of 26 gasoline/convenience store locations located primarily in Minnesota (18) and Kentucky (six) in

Cordele GA

VP Racing Fuels Branding Program Gets Rave Reviews

Retailers weigh in with their experiences. These days, the true identity of the “Mad Scientist” at VP Racing Fuels Inc., could be debated. While the persona had its origins in VP founder Steve Burns’ passion and talent for formulating performance fuels to maximize horsepower, the moniker could just as easily apply today to VP’s president,

GasPumpsLR

Consumer Optimism Falls as Gas Prices Rise

Rising gas prices are taking a toll on consumer optimism about the economy, with optimism falling to its lowest level since August 2014. Consumer optimism fell from 54% to 44%, the largest decrease in optimism in more than two years, according to survey results released by the National Association of Convenience Stores (NACS). In the

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Casey’s Posts Record Third Quarter

Strong inside sales and fuel margins aid growth. Casey’s General Stores Inc. reported diluted earnings per share of $1.01 for the third quarter of fiscal 2015 ended Jan. 31, 2015, compared to $0.33 per share for the same quarter a year ago. Year to date, diluted earnings per share were $3.57 compared to $2.73 a

savealot

Save-A-Lot’s Newest Stores Focus On Fresh

Expands across eight states. Over the past month, Supervalu’s hard-discount grocery banner, Save-A-Lot, has opened 13 new stores across eight states—its latest last week in Rockford, Ill. The banner’s newest stores, according to company officials, focus on fresh, with a “commitment to bring “fresh produce, dairy and meats” to their communities. The new stores are

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Hershey Named One of the World’s Most Ethical Companies

Hershey’s commitment to ‘Bringing Goodness to the World’ results in first ranking on 2015 Most Ethical Company List. The Hershey Co. announced that it has been recognized as a 2015 World’s Most Ethical Company by the Ethisphere Institute. The Hershey Co.’s first appearance on the World’s Most Ethical Companies list underscores the company’s commitment to

Kum&Gosquare

Kum & Go Launches New Brand Approach

New campaign focuses on “Where & means more.” Beginning today, Kum & Go is introducing a new campaign to bring their brand to life in-store and through advertising in the markets where they operate. The campaign will show that Kum & Go delivers more than convenience customers expect by focusing on the little extras their

American Marketing Association - Houston Chapter

Phillips 66 US Marketing Honored

Wins the American Marketing Association Houston Chapter 2014 Marketer of the Year Award. The American Marketing Association (AMA) Houston Chapter announced the 21 companies and organizations as Best in Category winners and Phillips 66 US Marketing as the overall 2014 Marketer of the Year for Houston on Thursday night, March 5, 2015, during AMA Houston

customer

AAFES Works To Improve Customer Satisfaction

Names 2015 as the year of the customer. The Army and Air Force Exchange Service (AAFES) has launched an effort to improve customer satisfaction at its stores, according to The Military Times. The move came before AAFES recently learned of its low rating in a national customer satisfaction survey. Addressing customer satisfaction is the second

dollargeneral

Dollar General Expands Into Three New States

Grand opening celebrations in Oregon, Maine and Rhode Island expands major retailer’s presence to 43 states. This morning, Dollar General marked another significant milestone in its company growth by celebrating new store grand openings in Oregon, Maine and Rhode Island, expanding the major retailer’s presence to 43 states. “It’s very exciting to move into these

Kelloggs

Kellogg Co. Named Among Top Companies For Women Executives

NAFE names Kellogg Co. among the best for women senior leadership. Kellogg is pleased today to again be named among the “Top 50 Companies for Executive Women” by the National Association for Female Executives (NAFE). With four women on its board of directors, or 38%, and eight women holding spots on the company’s Global Leadership

Chuckles

Chuckles: A Family Affair

With new locations planned for Kentucky and Indiana, third-generation C.E. Taylor Oil is positioning its Chuckles convenience store chain for the future. By David Bennett, Senior Editor When C.E. Taylor Oil Inc. was just getting started, family members who were intent on growing the business realized that while gas was the base of operations, retail

Moneystacks

Carbonated Soft Drink Sales Climb

Energy drink sales soar with help from low gas prices. Carbonated soft drinks (CSD), excluding energy drinks saw strong sales and improved volumes, as well as significant pricing growth, reported Wells Fargo Securities LLC. Total CSD (excluding energy drinks) dollar sales in the U.S. C-store channel were up a solid +4.8% (+3.2% for prior 12-weeks)

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