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financial

Company News

Parker's Closes on $900 Million Credit Facility

 By Diane Adam on Dec. 12, 2024

Transaction will enable convenience-store retailer to expand in key markets

Company News

Foxtrot Facing $3.8 Million in Back Wage, Benefits Payments

 By Greg Lindenberg on Dec. 06, 2024

Illinois Department of Labor seeking recovery for more than 350 former convenience-store, grocery workers

Company News

Merchandise, Service Revenues Increase $273.1 Million for Couche-Tard

By Chuck Ulie on Nov. 26, 2024

Convenience-store chain's sales affected by challenging economic conditions, Circle K owner says in latest earnings call

Company News

Couche-Tard CEO Says Retailer Remains Confident in Its Ability to Complete Acquisition of Seven & i Holdings

By Chuck Ulie on Nov. 26, 2024

Convenience-store chain reports rise in gross profit to $3.2 billion, EBITDA to $1.5 billion in latest earnings call

Company News

SQRL Forced Into Chapter 7 Bankruptcy

By Diane Adam on Nov. 18, 2024

Court documents reveal that the estate has no bank account and no income

Tobacco

High Inflation Continues to Influence Consumer Choices

By Diane Adam on Nov. 17, 2024

Knowing what else is in tobacco buyers’ baskets can unlock opportunities to cross-merchandise, Circana report shows

Company News

Why Financial Acumen Is Essential for All Employees

By Rachel Gignac on Nov. 15, 2024

Underrepresented talent can drive convenience-store business success by understanding income, expenses, cash flow

Technology/Services

Stewart’s Shops Shuts Down Tap-to-Pay Feature After It Is Targeted in Scam

By Chuck Ulie on Nov. 15, 2024

Convenience-store chain’s IT team works with software provider to create patch after some locations ripped off; no customer data compromised

Company News

CrossAmerica Reports Retail Segment a Strong Point for Third Quarter

By Diane Adam on Nov. 12, 2024

Channel generated a 24% increase in gross profit compared to third-quarter 2023

Foodservice

Nearly Half of Consumers ‘Very Concerned’ About Rising Prices

By Chuck Ulie on Nov. 12, 2024

Though there has been good news, ‘it’s going to take a while for some of these good metrics to really reach them and have them feel the impact’

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