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Upscale Japanese retailer to tinker with U.S. strategy; shifting focus to middle class

TOKYO -- Major Japanese convenience store retailer FamilyMart Co. will open more Famima outlets in middle-class U.S. neighborhoods to make the unit profitable by February 2012, reported Bloomberg, citing President Junji Ueda. Since opening its first U.S. store in West Hollywood, Calif., in 2005,...

Jr. Food Stores puts checkout work in customers ' hands, finds early acceptance

BOWLING GREEN, Ky. -- Are convenience-store customers ready for a self-scanning checkout? Stephen Reed, director of operations for Houchens Industries, wondered that, too, before installing such a device in one of the company 's Jr. Food Stores late last year. “Customers are not looking for that...

Judge to decide on franchise agreement, sale of leases for 63 stores

COLD SPRING, Ky. -- Owners of more than 60 AmeriStop convenience store franchises around the Cincinnati area and in northern Kentucky are waiting for a Thursday court hearing that could determine the future of their businesses, reported The Cincinnati Enquirer. In November, Petro Acquisitions Inc...

Recommends shareholders reject TRC Capital's mini-tender offer.
Hollywood store opens; observer asks is Fresh & Easy success in the stars?
Industry giant continues trend of infrequent acquisitions with small-scale purchase
Couche-Tard readies for next phase of acquisitions with reorganization
Brazilian oil company increasing U.S. investment upstream, possibly at retail
Retailer to debut new stores, food, car washes with $55 million expansion
Mostly closed locations are in major U.S. markets