Kum & Go and Casey’s General Stores Inc. have signed an asset purchase agreement for Casey’s to acquire 22 convenience stores from Kum & Go. The stores are located in Iowa, Missouri and North Dakota. “Our company is committed to carefully planned, strategic growth—that’s evidenced by the fact that we’ll open 40 new stores this […]
Category: C-Store News
7-Eleven Acquires 76 W. Va. Locations from Prima Marketing
7-Eleven Inc. has closed a deal to acquire 74 operating convenience stores and two land parcels from Prima Marketing LLC, a 7-Eleven licensee with stores in West Virginia, Ohio, Pennsylvania and Kentucky. The bulk of the stores being purchased are in West Virginia. Terms of the deal were not disclosed. The acquisition includes all Prima […]
NAM Signs Circle K Stores to In-Store Network
News America Marketing (NAM), the premier publisher of coupons in the U.S. and Canada, producing more than 165 billion coupons annually, has announced that Circle K convenience stores, one of the largest convenience store chains in North America with 3,050 U.S. locations, will be joining its expansive in-store marketing network—effective immediately. The agreement marks an […]
Couche-Tard Acquires 29 Stores in Orlando
Alimentation Couche-Tard Inc. has signed, through its indirect wholly-owned subsidiary, Circle K Stores Inc., an agreement to acquire 29 stores in Orlando, Fla., from Florida Oil Holdings LLC. The transaction is anticipated to close at the end of this month. The transaction is subject to standard regulatory approvals and closing conditions. According to a confidentiality […]
7-Eleven Signs Agreement To Purchase Tetco Assets
7-Eleven Inc. has signed an agreement to acquire the retail and wholesale assets of San Antonio-based Tetco Inc. The assets include company-operated convenience stores in Utah and the Dallas-Fort Worth, Austin and San Antonio areas of Texas plus fuel distribution to Tetco’s wholesale-distributors. Terms of the deal were not disclosed, and closing is expected in […]
Safeway Ends 3-Cent Gas Discount Offer
Safeway Inc. has ended its offer of a 3-cent-per-gallon discount on gasoline sold at pumps outside its stores to customers with Safeway loyalty cards. But the Pleasanton, Calif.-based grocer said it would continue to offer a sliding gas discount as a reward to its club-card customers based on purchases inside its stores, the Denver Business […]
Thorntons Joins List Of Merchants Opposing Settlement With Visa, MasterCard
Thorntons Inc. is opposing the proposed settlement of longstanding antitrust litigation between retailers and the credit card industry. The proposed settlement, announced on July 13, does not make meaningful changes to the broken credit card swipe fee market and it broadly restricts merchants’ rights to challenge the card industry’s anticompetitive practices in the future, according […]
AWMA, Merchants Grocery Co. Host FDA Plant Tour
A group of Food and Drug Administration (FDA) regulators visited American Wholesale Marketers Association (AWMA) member Merchants Grocery Co. in Culpeper, Va., Wednesday afternoon and viewed the company’s tobacco processing operation at the invitation of AWMA and Merchants. The purpose was to help the FDA officials charged with regulating tobacco clearly understand the distributor’s role […]
