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Mergers & Acquisitions

7-Eleven to Close 444 C-Stores in North America

 By Joe Guszkowski and Greg Lindenberg on Oct. 11, 2024

Convenience-store giant is working to improve profits as it contends with falling traffic and a takeover bid by the parent of Circle K

Company News

Alimentation Couche-Tard CEO Brian Hannasch Is ‘Optimistic About Future Deals’ Following $1.6 Billion GetGo Acquisition

By Hannah Hammond on Sep. 06, 2024

Circle K convenience-store chain owner reports earnings for first-quarter fiscal 2025

Company News

Casey’s Gives CEFCO Acquisition Update in Latest Earnings Report

By Hannah Hammond on Sep. 05, 2024

Convenience-store chain reports increased net income, EBITDA in its first-quarter earnings

Retailer News

Dollar General Hit Hard by Customers Still Grappling With Inflation

By Bill Wilson on Aug. 29, 2024

Discounter’s stock fell nearly 30% Thursday as it slashed projections for the rest of 2024

Company News

Weigel’s and Parker’s Ranked Among America’s Fastest Growing Private Companies by Inc. 5000

By Diane Adam on Aug. 13, 2024

Mashgin, a maker of AI-based self-checkout systems, D&H United, a maker of fueling equipment, and smokeless tobacco company Black Buffalo, also made the list

Company News

Global Partners Reports Year-Over-Year Growth in All Key Financial Metrics in Second-Quarter

By Chuck Ulie on Aug. 12, 2024

Results underscore effectiveness of ‘integrated business model and the strategic advantages of our diversified portfolio of liquid energy terminals, fueling stations and convenience markets,’ CEO says

Company News

Parkland USA Reduces Staff to Help Underperforming Business

By Hannah Hammond on Aug. 09, 2024

In second-quarter 2024, Canadian company’s U.S. segment was only one that did not deliver year-over-year growth

Company News

CrossAmerica Partners Reports ‘Improved’ Second-Quarter Earning Results

By Diane Adam on Aug. 08, 2024

Company says retail segment generated a 16% increase in gross profit compared to same period in 2023

Company News

Arko to Convert 40 C-Stores to Dealer Locations, Reports Dip in Second-Quarter Net Income

By Diane Adam on Aug. 07, 2024

‘Our team has been working with multiple potential dealers over the last several months to advance this part of the transformation plan,’ Arko CEO says

Company News

Shell Reports $6.3 Billion Second-Quarter Profit

By Diane Adam on Aug. 06, 2024

Major oil company delivers $1.7 billion in structural cost reductions in first half of 2024

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