CST Brands Inc. and CrossAmerica Partners LP have announced two dropdown transactions totaling approximately $261.5 million between CST Brands and CrossAmerica. The transactions are expected to close in the third quarter of 2015. In addition, CrossAmerica has entered into a definitive agreement to acquire the One Stop convenience store network, based in Charleston, West Virginia, that […]
Category: C-Store News
Posted in, C-Store News, Store News, West
N.Y.-Based Getty Realty Acquires 77 Fuel/C-Stores In West
Getty Realty Corp. in Jericho, New York, has acquired 77 convenience store and retail motor fuel stations located in several high-growth regions in the western U.S. for approximately $214 million. The acquired properties operate under well-known brands such as 76, Conoco, Circle K, 7-Eleven and My Goods Market and are located in Northern California, Southern […]
Posted in, C-Store News, Northeast
NACS’ Former Leader Testifies At Congressional Hearing On Menu Labeling
The federal House Energy and Commerce Subcommittee on Health held a hearing last week examining the Common Sense Nutrition Disclosure Act. The bipartisan legislation would revise the Food and Drug Administration’s (FDA) menu labeling regulations by providing covered restaurants and other retail food establishments, including convenience stores, more flexibility in how they provide calorie information […]
Posted in, C-Store News, West
7-Eleven Debuts First Airport Terminal Store In U.S.
The first 7-Eleven store located inside a U.S. airport terminal, at Los Angeles’ International Airport (LAX), is making its debut. 7-Eleven, Westfield and LS travel retail North America, the concessionaire operating this new location, will hold a grand opening from 11 a.m.-3 p.m. June 24. 7-Eleven’s 950-s.f. inaugural U.S. airport terminal location is in the […]
Posted in, C-Store News, Southwest, Store News
Brookshire Brothers Selling 26 Polk Pick-It-Up Stores
The Brookshire Brothers grocery chain has entered into an agreement to sell 26 convenience stores in its Polk division to Partners Investors C-Stores Ltd. The Polk stores are located throughout Deep East Texas. Brookshire Brothers will keep its Polk Pick-It-Up locations in Hudson, Central Heights, Central and Wells. “We are continuously evaluating our business to ensure optimal […]
Posted in, C-Store News, National, Perishables
Consumers Increasingly Turning To Fresh Items In C-Stores
More than one in three Americans (34 percent) say that they have purchased more snacks that are considered “healthy choices” over the past year, and they are increasingly turning to convenience stores for these healthy purchases, according to survey results released today by the National Association of Convenience Stores (NACS). More than six in 10 […]
Posted in, C-Store News, National
NACS: Consumer Optimism Strengthens As Gas Prices Remain Low
A majority of Americans say they are optimistic about the economy and low gas prices are driving the optimism. Overall, 52 percent of Americans are optimistic about the economy, an eight-point jump from March. Those most optimistic are younger consumers age 18-34 (58 percent) and those in the West (58 percent), according to survey results […]
Posted in, C-Store News, West
Quick Mart Opens First L.A. Store As Franchise Expands
Los Angeles could see several more green and gold signs popping up atop new convenience store locations in the next year or two, India West reports. After a recent string of Quick Mart grand openings at the outer edges of Southern California’s two major metropolitan markets, the new convenience store chain christened its latest franchisee operation […]