store closing

Company News

Rite Aid Could Close as Many as 500 Stores Under Pending Bankruptcy

In talks on a Chapter 11 plan, drug chain has proposed selling or allowing creditors to assume its remaining operations, according to a Wall Street Journal report

Mergers & Acquisitions

New Convenience-Store Roundup for August 2023

Pennsylvania, Virginia had the most new openings by state, Sheetz by company

Former Kwik Shops had recently been converted to Sinclair brand

Florida, Pennsylvania and Tennessee had the most openings, although the Keystone State also saw the most closures

Café-style store was part of concept built around college campuses

Texas again sees the most new-store openings, Casey’s opens 8 new c-stores in 5 states

Cost-savings targets raised as 3rd-quarter profit for health care business falls short of expectations

Amazon, Sheetz, Wawa and others shutter nonfuel locations

Texas again tops monthly state-by-state count, followed by Oklahoma and Pennsylvania

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