Stores opening in 2012 expected to total a fifth more than those opened in 2011. Japan’s five major convenience store operators are set to open more than 3,400 stores in fiscal 2012 as customer traffic increases, Reuters reported. The net increase (openings minus closings) is expected to total 1,880-2,130 stores, up 40-60% compared to fiscal…
Little General Opens 75th C-Store
Beckley, W.Va.-based Little General is expanding its operations in southern West Virginia with the purchase of five Burger King operations and the opening of its 75th convenience store, wdbj7.com reported. Little General’s acquisition of Burger King operations in Beckley, Oak Hill, Princeton, Bluefield and Bluefield, Va., were effective as of Nov. 1. With this addition,…
7-Eleven Confirms End of Discussions With Casey’s
7-Eleven Inc. has confirmed that discussions with Casey’s General Stores Inc. regarding a potential transaction have terminated. 7-Eleven made a preliminary proposal of $40 per common share for a consensual transaction on Sept. 2, 2010. After completing additional due diligence, 7-Eleven raised its offer to $43 per common share. 7-Eleven believes its revised proposal fairly…
Cumberland Farms Celebrates New Store
To mark the grand opening of its newest remodeled convenience store, Cumberland Farms has kicked off a month-long fundraiser that will benefit the students of Brookfield Elementary School. For the next month, Cumberland Farms plans to donate 20 cents from every Chill Zone beverage and cup of coffee sold at its 225 Main Street store…