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Startup expanding to as many as 18 cities, and it’s aggressively targeting convenience

PHILADELPHIA -- “Goodbye convenience store. Hello goPuff.” That’s the tagline of goPuff, a new 24-hour, on-demand delivery service, which also calls itself “convenience on wheels.” With that, Philadelphia-based startup GoBrands Inc. throws down the competitive gauntlet, taking aim squarely at the...

Leading companies have submitted bids, with another round to come

SAN ANTONIO -- Canada’s Alimentation Couche-Tard Inc. and Japan’s Seven & i Holdings Co Ltd. have submitted offers to acquire U.S. convenience-store retailer CST Brands Inc. , people familiar with the matter told Reuters on Thursday. Laval, Quebec-based Couche-Tard, owner of the global...

Japan’s second-largest convenience retailer could follow rival's lead

TOKYO -- Lawson Inc., Japan’s second-biggest convenience-store operator, is looking to buy chains in the United States as it speeds up overseas expansion with the aim of boosting its number of overseas outlets by about a quarter within a year, according to a Bloomberg report. The company’s U.S...

Asset acquisition expands distributors’ capabilities, scope
Former Lehigh Gas Corp. acquires District Petroleum
Speculation over potential acquirers follows ‘gas bar’ review
New president’s plan to fix Japanese retailer includes investment in United States
Intends to take on Holiday, SuperAmerica, Kwik Trip with new, larger format
Sites are part of nonstrategic divestment from Warren Equities purchase
Acquisition gives investment firm base from which to grow its convenience-store reach

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