Walgreen Co. has received the regulatory clearance from the U.S. Federal Trade Commission needed to complete the acquisition of Duane Reade Holdings Inc. “We’re clear to move forward and complete the Duane Reade acquisition, which will immediately give Walgreens a leading position in the nation’s largest drugstore market,” said Walgreens president and CEO Greg Wasson.
7-Eleven Inc. has announced a real estate partnership with NAI Corporate Real Estate Services (NAI CRES) in the Salt Lake City market to build its presence in the area and significantly add to the nearly 100 stores the company operates, franchises and licenses in the area. The convenience retail leader selected NAI as its exclusive
Dallas-based 7-Eleven Inc.’s plans to expand in Central Florida already are underway with one new franchisee open in DeLand, Fla., and five more Florida stores in the works for 2010. The chain aims to open or convert 45 local stores by 2012, the Orlando Business Journal reported. The first of the five are opening soon.
Dallas-based 7-Eleven Inc. is ready to expand in Las Vegas, with 15-20 more stores in the next three years. Starbucks, meanwhile has closed 12 locations in the area, Las Vegas Review Journal reported. The c-store chain already runs 160 convenience stores in Clark County, Las Vegas, but recently hired a commercial real estate firm to
7-Eleven is expanding in New Jersey, and at the Jersey Shore plans to add five new locations in Monmouth County and three in Ocean County this year alone, App.com reported. Throughout the state, 7-Eleven plans to open 200 more stores in 2010 and 2011, according to The Goldstein Group, a commercial real estate firm in Paramus.
Tulsa, Okla.-based QuikTrip opened its first Tucson, Ariz. c-store at 2345 E. Irvington Road on Wednesday night, ahead of it’s scheduled opening Thursday morning. On Wednesday night, “we were just standing around taking pictures; we were ready to go, and finally we just took the barricades down and let them in . . . about
Laval, Que.-based Alimentation Couche-Tard Inc. through its Circle K Stores Inc. unit, is acquiring eight stores in central North Carolina from Accel Marketing LLC, The Wall Street Journal reported. The stores, which operate under the Accel banner, are company-operated and offer proprietary fuel. Once the purchase is complete, the stores will be operate under the
When Alimentation Couche-Tard Inc. was presented with CSD’s Chain of the Year honors in 2007, the company’s smart, strong growth was cited as the foundation for the honor. A little more than two years later and not much has changed. The company is still regarded as one of the savviest marketers in two countries, and
Gaining market share has never been more important than it is today, when a tough economy is forcing customers to hang on to their money longer. This means that c-store retailers seeking new customers need to become aware of what specific groups need in order to improve their marketing strategies. One such group is the
August is always one of my favorite issues of the year. It’s the month we get to profile convenience store “Chains to Watch” for the next 12 months. This year we’ve focused in on two outstanding chains, Stripes, a division of Susser Holdings in Corpus Christi, Texas, and EZ Energy, a rapidly growing operator based