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 […]
Category: C-Store News
Posted in, C-Store News, West
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 […]
Posted in, C-Store News, National
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 […]
Posted in, C-Store News, National
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 […]
Posted in, C-Store News, Southeast
McLane, Kangaroo Partner For ‘Salute Our Troops’ Campaign
McLane Co. has joined The Pantry, a leading independently operated convenience store chain in the southeastern United States, for the second annual “Salute Our Troops” campaign, inviting customers in its more than 1,600 Kangaroo Express convenience stores across 13 states to demonstrate united support for military personnel and their families. McLane Co. and Kangaroo Express, […]
Posted in, C-Store News, West
Couche-Tard Acquires 27 Stores In Eastern Washington State
Alimentation Couche-Tard Inc. has signed, through its indirect wholly-owned subsidiary, Circle K Stores Inc., an agreement to acquire 27 stores in Eastern Washington State primarily in the “Tri-Cities” area of Pasco, Kennewick and Richland from Sun Pacific Energy, which operates under the “Sun Mart” banner. The transaction is anticipated to close in November. The transaction […]
Posted in, C-Store News, Midwest
Speedway is Highest Ranked Convenience Store Brand in U.S.
The 2012 Harris Poll EquiTrend survey has named Speedway the Highest Ranked Convenience Store Brand in the nation. With more than 25,000 consumers participating, the survey ranks brands in a variety of categories including familiarity, quality, performance and trust. Speedway has been honored as a category leader in the survey for the last three years; […]
Posted in, C-Store News, National
NACS Rejects Proposed Antitrust Settlement with Visa, MasterCard
The proposed settlement of longstanding antitrust litigation between merchants and the credit card industry was rejected by the National Association of Convenience Stores (NACS), a class plaintiff in the lawsuit. Because the proposed settlement does not introduce competition and transparency into the broken credit card swipe fee market, the NACS Board of Directors, comprised of […]