Mitch Morrison

Activist investors place little confidence in current strategy

Shareholder activists nominate past c-store execs to help retailer right course

Stockholder group intends to nominate director candidates to c-store retailer’s board

Long hailed for cutting-edge technology and foodservice program, Rutter’s Farm Stores shakes things up with its biggest c-store yet.

Over the past two months, Wall Street and two activist shareholders have raised concerns CST Brands is failing to leverage its 1,900-store size to maximize shareholder value.

More than five years ago, Alimentation Couche-Tard began a hostile takeover bid for Casey’s General Stores. The Canadian retail giant asserted that Casey’s stock was undervalued.