The Kroger Co. has entered into a definitive agreement for the sale of its c-store business unit to EG Group, a privately held c-store retailer based in Blackburn, Lancashire, U.K., for $2.15 billion. The companies expect to close the transaction during the first quarter of Kroger’s fiscal year. As part of the agreement, EG Group will establish its North American […]
Category: C-Store News
Posted inC-Store News, Home Page Latest News, Southwest, Store News
Allsup’s Convenience Stores Founder Passes Away At 84
Allsup’s Convenience Stores founder Mr. Lonnie D. Allsup, 84, of Clovis, New Mexico, died Jan. 28 at his home. Mr. Allsup was born Sept. 7, 1933, in Lubbock, Texas, to Roy and Ellen Reed Allsup. He was raised in and graduated from high school in Morton, Texas, where he played football and basketball. After graduation […]
Posted inRecommended Reading, Bonus Content, C-Store News, Corporate Store News, Grocery Industry, Home Page Latest News, Midwest, Store News
Recommended: Casey’s Explores Buying Kroger C-Stores Valued At $2B
Casey’s General Stores, under pressure from activist investor JCP Investment Management, has submitted an initial bid for Kroger’s roughly $2 billion convenience-store business, sources familiar with the situation tell CNBC. JCP Investment Management in January called for the Ankeny, Iowa-based convenience store operator to explore strategic alternatives, including a potential sale. Buying Kroger’s convenience-store business […]
Posted inC-Store News, Association News, Grocery Industry, Home Page Latest News, National, Store News
Convenience Industry Hits Record Store Count After 2017 Growth
The U.S. convenience store count increased to a record 154,958 stores as of Dec. 31, 2017, a 0.3 percent increase (423 stores) from the year prior, according to the 2018 NACS/Nielsen Convenience Industry Store Count. “Our continued store growth suggests that the convenience and fuel retailing industry’s core offer of convenience continues to resonate with […]
Posted inC-Store News, Association News, Grocery Industry, Grocery News, Health & Wellness, Home Page Latest News, Merchandising News, National, Snacks Brands, Store News
Studies Find Low-Cost Strategies Can Boost Better-For-You Snack Sales
Two separate case studies provide insights into how retailers can increase sales of better-for-you snacks in c-stores. The studies, “Healthy Checkout Pilot Test” and “Better-for-You Planogram Pilot Test,” were developed by the National Association of Convenience Stores (NACS) in conjunction the Project on Nutrition and Wellness (PNW) and the Cornell Food and Brand Lab (CFBL). […]
Posted inFood Service News, C-Store News, Northeast
Cutting Hot Food Energy Costs Can Boost C-Store Profits
High energy bills are a problem faced by c-store chains across the country, with 24-hour operations requiring constant lighting, heating, cooling and refrigeration. In the U.S., a typical convenience store uses an average of 52.5 kilowatt-hours (kWh) of electricity per s.f. each year. Compared to other commercial spaces, this is three times the average, with […]
Posted inFood Service News, C-Store News, Coborn's, Southwest
Pizza Inn Could Be Coming To C-Stores Soon With New Concept
After almost 60 years in business, Pizza Inn is introducing a new prototype for a non-traditional licensing model called Pizza Inn Express, or PIE for short, that will give customers “a fast, seamless experience when picking up their favorite hot pizza.” Geared toward convenience stores, but also an airport or entertainment venue option, the licensing deal for PIE will […]
Posted inBeverage News, C-Store News, Corporate Store News, Grocery News, Home Page Latest News, New Products, Organic Natural, Private Label Brands, Southwest, Store News
7-Eleven Launches Its First USDA Organic, Cold-Pressed Offerings
7-Eleven stores are carrying a new line of organic, cold-pressed proprietary juices. The new juices are part of the retailer’s 7-Select GO!Smart private brand line of better-for-you snacks and beverages. They comes in four varieties: Clean & Green—kale, cucumber, apple, spinach, mint, celery, lime, parsley; Tropical Glow—pineapple, orange, banana, apple, mango, passionfruit, coconut water; Berry & Bright—Tart cherry, carrot, blackberry, […]