Corporate News

Corporate news affecting the convenience store industry

Couche-Tard to ease up on U.S. expansion, says Bouchard

LAVAL, Quebec -- Alimentation Couche-Tard Inc. confirmed earlier this week that it will slow expansion in the United States this year by buying only 200 to 300 stores, but annual revenue will exceed $14 billion. We'll ease up from last year's torrid pace, but fill gaps in our regional coverage,...

Acquisition trail leading to goal of 100 stores by 2008

ROCKFORD, Ill. -- Road Ranger LLC said it has completed the acquisition of seven convenience store/travel centers from four companies. This month, it acquired three stores in Dubuque, Iowa, from Dubuque Discount Gas. In August, it acquired one store in Okawville, Ill., near St. Louis, from Karko...

Expects to acquire 250 stores throughout "08

LAVAL, Quebec -- During fiscal 2008, Alimentation Couche-Tard Inc. will pursue its investments in order to deploy its IMPACT marketing innovation program in approximately 400 stores and build or acquire approximately 60 stores on an individual basis. The company's capital budget for the fiscal year...

Tri Star's purchase of Scot Markets doubles retail network, strengthens Shell brand in mid-Tennessee.
Wal-Mart downplays speculation on acquisitions
Could be Tesco response, analysts say
Kaman Holdings Ltd. subsidiary Isal Amlat Investment Ltd. has completed the acquisition of 50% of US East Coast fuel distributor Empire Petroleum Holdings LLC.
Quarterly report shows healthy margins, volume/I>
Texas chain banks of acquisitions, sale-leasebacks & foodservice growth
Reorg to capitalize on Petro synergies