Corporate News

Corporate news affecting the convenience store industry
Casey's General Store

Why are c-stores becoming more of a focus for activist investors?

NEW YORK -- Investors across the stock market have increasingly become more vocal, demanding stronger returns on their investments, and the convenience-store industry has not gone unscathed as a result. The beginnings of this "shareholder revolution,” according to a report by the Roosevelt...

Circle K convenience store

Short-term payouts vs. long-term investments

CHICAGO -- Convenience retail has experienced Wall Street mayhem before. Just toss a mental dart back to Carl Icahn’s corporate-raiding heyday to recall T. Boone Pickens, whose hostile moves on Gulf Oil, Phillips Petroleum and Unocal in the 1980s made investment types billions of dollars in the...

caseys general store

Tighter fuel margins and soft same-store sales punctuate the chain’s fiscal 2018

ANKENY, Iowa -- Casey’s General Stores saw its lowest quarterly fuel margin since 2014 as its final quarter of fiscal 2018 drew to a close. For the fourth fiscal quarter ending April 30, 2018, Casey’s fuel margin, excluding credit-card fees, shrank to 16.3 cents per gallon (CPG), compared to 17.2...

7-eleven logo
C-store, grocery veteran joined retailer with 2010 acquisition
kum & go
Tanner Krause looks to fine-tune products and services, invest in associates .
irving oil logo
Trust buys out rest of family’s stake in refiner-marketer
top 202

A year of industry-defining M&A marks the Top 202

Cigarettes still lead; OTP, milk and general merchandise see the most growth
Preliminary data from NACS State of the Industry Summit
Todd Hale
Seize unusual opportunities and create new experiences as disruption rewrites the retail playbook, Hale says