Corporate News

Corporate news affecting the convenience store industry

Bouchard says he will pursue divested company/dealer outlets, although bulk deal unlikely

LAVAL, Quebec -- Alimentation Couche-Tard Inc. confirmed that it is keen to buy hundreds of retail outlets in California and the U.S. Midwest that ConocoPhillips plans to divest next year, reported The Financial Post. But Couche-Tard CEO Alain Bouchard cautioned that his acquisition-hungry company...

From foodservice to ATMs, Casey's shares lessons learned from store purchases

ANKENY, Iowa -- Certainly, some of the advantages of company growth through acquisitionsare obviouslarger economies of scale, backoffice efficiencies and, ideally, more profit. But with every purchase comes the potential for some intangible benefits. Such is the case as Casey's General Stores goes...

C-store giant puts its new growth strategy into practice with 10-store purchase

DALLAS -- 7-Eleven Inc.'s purchase of 10 stores in the Salt Lake City area is a textbook example of how the convenience store giant intends to grow its market share in the coming years. Our strategy now is to look at acquisitions that will grow our store base where we have existing stores,...

New store opens in Rossville, Ill.
Chain expects organic growth from South Texas and Houston, up into Oklahoma
Former c-store leader gets back into industry with four-store purchase in Tennessee
The New England Convenience Store Association recognized Mike and Corinne Abboud as its Store Operators of the Year, said The Lowell Sun.
Grocery, c-store retailer says former exec took funds
C-store panel examines best in class retailers to build on strengths in the system
Enhancing, closing stores, changing inventory method, testing kiosks