Alimentation Couhce-Tard’s offer to acquire all of the shares of Statoil Fuel & Retail for NOK 51.20 per share in cash now expires in early June. Alimentation Couche-Tard Inc. announced that its voluntary offer to acquire all of the issued shares of Norwegian-based Statoil Fuel & Retail has been extended and will expire at 5:30…
Couche-Tard Extends Offer Deadline
Company waits longer for shareholder response Alimentation Couche-Tard agreed to extend its proposed expansion offer to Statoil Fuel’s until May 29. The $2.68 billion U.S. offer has the support of Statoil ASA, the oil company that owns 54% of the Scandanavian convenience store operations, gut Couche-Tard requires acceptance by 90% of Statoil Fuel’s shareholders. Canada’s…
Future Of Sunoco Gas Stations
Changes ahead for Sunoco with definitive merger agreement with Energy Transfer Partners Energy Transfer Partners, a Texas pipeline company, has received many calls about Sunoco’s gas stations since the merger was announced April 30, Martin Salinas Jr., the company’s chief financial officer, told analysts this May. Kelcy Warren, CEO of Energy Transfer Partners, bought Sunocoo…
Mac’s Uses Social Media to Fight Crime
Through a partnership with Crime Stoppers, criminals will have their photos posted to Facebook and Twitter where viewers can help identify them. By Erin Rigik, Associate Editor. Mac’s Convenience Stores, a division of Alimentation Couche-Tard, is leveraging the strengths of social media in conjunction with local Crime Stopper units to fight crime at its Canadian…
Lawmakers Targeting Electronic Cigarettes
As their popularity soars in convenience stores, e-cigs are becoming the target of new smoking bans and tax regulations. By Erin Rigik, Associate Editor. Once speculated to be a passing fad, e-cigarettes are increasing in sales and popularity and pushing their way toward becoming a mainstream product. Celebrities from Leonardo DiCaprio to Britney Spears have…
C-Store Industry To Reach $856.5 Billion By 2014
New report shows c-stores have greatly benefited from the growth of the overall retail industry. Research and Markets has announced the addition of the “US Convenience Stores Forecast to 2014” report to its offering. The U.S. convenience stores industry, one of the world’s largest and fastest growing sectors, presents lucrative investment opportunities for new players.…
Mac’s Convenience Stores Using Social Media to Thwart Crime
Mac’s Convenience Stores has added social media to its crime prevention tactics in its Canadian convenience stores. Mac’s Stores inCentral Canadahave developed an innovative approach to augment its formidable crime prevention measures by using social media to help identify criminals through Facebook and Twitter. According to The Chronicle-Journal, Mac’s will use these social media outlets…
blu Cigs Arrive in Canada’s Couche-Tard Stores
“We are interested in products that are on the cutting edge,” says Jean-Marie Bourque, Couche-Tard category manager. On the heels of an impressive 2011 retail expansion, blu Cigs has started 2012 by boosting the number of U.S. retail locations carrying blu to nearly 20,000. Now, the e-cigarette company is celebrating another milestone—expansion into the Canadian…
NACS CAFÉ Joins NRA Show
“Our industry’s involvement in the NRA Show is a testament to just how far convenience stores have come in foodservice,” says NACS CAFÉ education director. NACS Center for Achieving Foodservice Excellence (NACS CAFÉ) Education Director Nancy Caldarola will moderate a session at the 2012 NRA Show, the food industry’s largest trade show dedicated to foodservice.…
Last Chance to Take the Fifth Annual CSD/Balvor 2012 Foodservice Survey
Today is the last day to take the survey! How is foodservice performing for your company? What’s your outlook for the various foodservice categories in 2012? And what are some of the best practices for marketing the foodservice category to today’s convenience store consumers? Convenience Store Decisions in partnership with David Bishop, managing partner of…