The National Association of Convenience Stores says food and merchandise sales rose nearly 10 percent to a record $654.3 billion in 2018. It is the 16th straight year of growth. The NACS State of the Industry data found while fuel sales increased 13.2 percent, foodservice sales accounted for 22.6 percent of in-store sales. Also, wages […]
Category: C-Store News
7-Eleven Opens Its First Lab Store In The U.S. In Dallas
Convenience retailer 7-Eleven opened a “lab” store in its hometown of Dallas on March 22. The company describes it as a place where customers can “try and buy the retailer’s latest innovations in a revolutionary new store format.” The Dallas lab store—the only one in the U.S.—is located at the Sylvan | Thirty retail and […]
Ronnoco Coffee Acquires Beverage Solutions Group
St. Louis-based Ronnoco Coffee has acquired the business of Beverage Solutions Group of Maynardville, Tennessee. Beverage Solutions Group sells to more than 70 distributors who service convenience store and foodservice accounts in over 43 states. “This purchase supports Ronnoco’s overall strategy of being a single-source supplier for the beverage category, continuing to expand nationally and […]
Thorntons Completes Sale To Arclight Capital And BP
Thorntons LLC has closed on the sale of Thorntons Inc., the company said in an announcement this week, finalizing the acquisition by a joint venture between Arclight Capital Partners and BP. The acquisition was made final on Feb. 11, 2019. Simon Richards, former head of regional development of BP Products North America, will serve as […]
Rutter’s Partners With Herschel Walker On Southern-Inspired Waffles
York, Pennsylvania-based convenience store chain Rutter’s has partnered with former college and professional football player Herschel Walker and Renaissance Man Food Services to add Southern-inspired waffles to the menus at all of its 73 locations. They are served in breakfast, lunch, dinner and dessert menu items. There are dozens of waffle-based options on both the hot grab-n-go and […]
7-Eleven’s New Hot Chocolate Modeled After One Of America’s Favorite Cookies
Chips Ahoy! Hot Chocolate now is available exclusively at 7-Eleven stores. The recipe for the rich hot chocolate was created to taste like home-baked cookies fresh out of the oven. For a limited time, a small cup of Chips Ahoy! Hot Chocolate, or any other hot beverage, is $1 at participating stores. Americans love cookies, […]
Parker’s Hires Prevatt As Chief Financial Officer
Parker’s recently hired Brian J. Prevatt, CPA as its new CFO, responsible for managing financial and tax strategy, asset utilization, value creation and return on capital. “An accomplished CPA, Prevatt excels at developing long-term strategic and financial plans and helping companies meet fiscal goals,” says Parker’s. Before joining the Savannah, Georgia-based c-store chain, Prevatt served […]
Parker’s Hires Region Manager For Georgia, South Carolina Stores
Parker’s recently hired Jeremy Kanagy as its new region manager, leading the operations of 54 stores throughout southeast Georgia and coastal South Carolina. Kanagy’s responsibilities include overseeing retail operations and supporting the company’s district managers through professional mentoring in areas ranging from leadership development to customer service. “Jeremy is a driven, experienced leader who is eager […]
