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Fuel rebranding will bring Mobil to Canada

TORONTO -- Brookfield Business Partners LP has closed its transaction to acquire Loblaw Cos. Ltd.’s gas-station operations for approximately $540 million ($427.5 million U.S.). The network is one of the largest in Canada and includes 213 retail gas stations and associated convenience kiosks...


How the convenience-store retailer aims to reclaim the last mile from the online giants

Joe DePinto has a chart. On this chart, he and his team at the 7-Eleven Inc. headquarters in Irving, Texas, are plotting major disruptive moves across all sectors of retail. They are ready, determined to be a part of what’s to come. (And no, they won’t share the chart.) “Our industry’s perspective...

applegreen cstore featured article

Will enter into an agreement with real-estate investor to lease the property assets

COLUMBIA, S.C. -- Irish retailer Applegreen PLC has agreed to acquire The Brandi Group, which operates the 42-unit Pitt Stop convenience-store chain based in Columbia, S.C. Applegreen will acquire the trade and certain assets of Bob Brandi Inc. and Bob Brandi Stores Inc. for $5.4 million, including...

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Higher fuel prices, lower margins anticipated for coming months: EIA