Corporate News

Corporate news affecting the convenience store industry

The how to of forming successful deals for Major Oil assets is as important as the when, where

Editor's note: This is the third of a four-part CSP Daily News series highlighting the selling off of retail assets by the major oil companies. To read the previous installments, click here . For a complete picture of how the retail landscape is changing, watch for the March issue of CSP magazine...

But retailer's growth strategy to continue unabated

LAVAL, Quebec -- Alimentation Couche-Tard Inc., North America's second-largest convenience chain, said third-quarter profit fell 20%, stung by declining gasoline margins. With per-gallon fuel margins falling by one-quarter, from 17.6 cents to 13.2 cents, the operator of Circle K stores said net...

Casey's keeps eyes open for markets to grow in the Midwest

ANKENY, Iowa -- It would be going overboard to say Casey's General Stores Inc.has $50 million burning a hole in its collective pocket, but CFO Bill Walljasper confirmed on the company's latest earnings conference call that it does expect half of the $100 million in funding it secured last year to...

Dollar General Corp. has entered into an agreement to be acquired by affiliates of Kohlberg Kravis Roberts & Co. LP (KKR).
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