Alimentation Couche-Tard finalized its $4.4 billion merger with San Antonio, Texas-based CST Brands on June 28, the same day CST Brands Chairman, President & CEO Kim Lubel confirmed her departure from the company. “Today I say goodbye to the great CST team members that make CST strong. How lucky I am to have something that […]
Category: Grocery Industry
QuikTrip Entering New Texas Market With First Stores Opening Next Summer
For the first time in six years, convenience store chain QuikTrip (QT) is expanding into a new market—San Antonio and Austin, Texas. The first QT stores in each city are expected to open in summer 2018, the Tulsa, Oklahoma-based company said this week. QT has operated in the Dallas-Fort Worth market since 1999 and currently has […]
New Agreement Calls For Walgreens To Buy Half Of Rite Aid’s Stores
Walgreens Boots Alliance (WBA) is expected to purchase about half of Rite Aid’s stores as part of a new merger agreement announced Thursday. The proposed deal will give Walgreens 2,186 Rite Aid units for approximately $5.2 billion vs. Rite Aid’s full store fleet of nearly 4,600 that Walgreens said it intended to purchase in an original agreement announced in October 2015. […]
Raley’s New Ground-Up Store Makes Debut In Rancho Cordova
Raley’s on Wednesday opened a new ground-up store at the corner of Sunrise Boulevard and Douglas Road in Rancho Cordova, California. The 40,000-s.f. unit offers fresh and healthy products in a format tailored to complement the local community, according to the West Sacramento-based grocery chain. It marks the second new store Raley’s has opened in […]
New Grocerytalk Program Developed For Supermarket, CPG Industries
Shoptalk, an organizer of events for retail and e-commerce innovation, has launched Grocerytalk, a new program for the grocery and consumer packaged goods industries to take place during Shoptalk on March 18-21, 2018, at the Venetian in Las Vegas. Grocerytalk will include content, networking and other unique experiences that focus on the evolution of how consumers discover, […]
Wind-Down Sale Under Way At Central Grocers
Inventory of Central Grocers, a retailer-owned cooperative that operated as a wholesaler for approximately 400 independent grocery stores before filing for Chapter 11 bankruptcy in May, is being liquidated “through an orderly wholesale wind-down sale” at the company’s headquarters and distribution center in Joliet, Illinois. More than $20 million of dry grocery products, frozen foods and […]
Topco Associates Adds Two Executives To Board
Topco Associates has added Emile Breaux, president and CEO of Associated Grocers-Baton Rouge, and Dave Staples, president and CEO of SpartanNash Co., to its board of directors. “We are fortunate to have these two strong leaders on Topco’s board. I am confident that their strategic insight, industry knowledge and deep commitment will help Topco advance […]
Perch’s IGA Is Great North Foods’ Retailer Of The Year
Perch’s IGA in Alpena, Michigan, has been named Great North Foods Retailer of the Year. Great North Sales Manager Steffen Nizinsky made the presentation during the company’s annual food show recently. The Curtises won the national IGA Fall Into Savings Exclusive Brands sales contest and a trip to the Super Bowl, and also received IGA […]
