On June 30, the Second Circuit Court of Appeals overturned the class-action settlement in the case In Re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation. That case led to a proposed settlement valued at $7.25 billion in 2012. This ruling called the settlement “unreasonable and inadequate.” NACS led efforts to oppose the $7.25 […]
Category: C-Store News
Posted in, C-Store News, Grocery Industry, Home Page Latest News, National, Store News
7-Eleven Names Winner Of Second Operation: Take Command Franchise Contest
7-Eleven Inc. has named U.S. Marine Corps veteran Jean Cetoute of Richlands, North Carolina, as the 2016 winner of a 7-Eleven convenience store in its second “Operation: Take Command” franchise competition. As the winner, Cetoute will receive a waiver of the franchise fee, valued at up to $190,000, to franchise any 7-Eleven store available in […]
Posted in, C-Store News, Corporate Store News, Grocery Industry, Home Page Latest News, Midwest, Store News
Casey’s Fiscal Year Ends Strong As Company Looks To Expand East And South
On June 6, Casey’s General Stores Inc. reported diluted earnings per share of $1.19 for the fourth quarter of fiscal year ended April 30 vs. $1.05 for the same period a year ago. For the year, diluted earnings per share grew 24 percent to $5.73 vs. $4.62 for the same period last year. “Fiscal 2016 […]
Posted in, Beverage News, C-Store News, Center Store, Home Page Latest News, National, New Products, Suppliers
McLane Co. Joins Partnership For A Healthier America
McLane Co. Inc. has signed on as a partner of the Partnership for a Healthier America (PHA), an organization that works to make healthy choices easier for families. As part of McLane’s commitment, it will enhance its healthier-for-you offerings and support PHA’s goal of solving the childhood obesity crisis within a generation. Temple, Texas-based McLane […]
Posted in, C-Store News, Equipment & Technology, Grocery Industry, Grocery Store Equipment, Home Page Latest News, National, Online Grocery Technology
NACS, Pinnacle Launch First Skimming Defense App
Fuel dispenser security is of great concern for the convenience store industry. Approximately 39 million Americans fill up their gas tanks every day, and fuel dispensers have become one of many targets for thieves looking to steal credit and debit card information by “skimming,” an aggressive tactic used to illegally obtain consumer card data for […]
Posted in, C-Store News, Center Store, Grocery News, Home Page Latest News, National, Snacks Brands, Suppliers
Krispy Kreme Signs Distributor To Serve C-Stores Nationally
Krispy Kreme Doughnuts Inc. has entered a partnership with TSW Foods LLC to bring Krispy Kreme brand packaged goods like snack bags, honey buns and single-serve pies to convenience stores across the U.S. The products will join Krispy Kreme Doughnuts’ other primarily yeast sweet treats already available via direct store delivery in more than 5,000 […]
Posted in, C-Store News, Home Page Latest News, Southwest, Store News
CST Brands Selling Stores In Two Western States To 7-Eleven
San Antonio, Texas-based CST Brands, which is in the midst of exploring its strategic alternatives, said May 5 that it has agreed to sell its 79 stores in California and Wyoming to 7-Eleven and its wholly-owned subsidiary, SEI Fuel Services Inc. The transaction involves 76 stores in California and three in Wyoming. The purchase price […]
Posted in, C-Store News, Home Page Latest News, Northeast
Pine State Trading Co. Sells C-Store Division To Core-Mark
Pine State Trading Co., a family-owned company comprised of five operating divisions, has entered into an agreement to sell substantially all of the assets of its convenience store division to Core-Mark Holding Co., one of North America’s largest and most successful marketers of fresh and broad-line supply solutions to the convenience retail industry. The transaction is structured as an all-cash asset […]