Georgia chain debuts on Inc. magazine’s celebrated list of fastest growing companies. By Erin Rigik, Associate Editor. The Parker Cos. Inc., with 27 convenience stores throughout southeast Georgia and coastal South Carolina, has scored the No. 3006 spot on the annual Inc. 500/5000 Fastest Growing Companies list. It’s the first time the c-store chain has [...]
Despite the global recession, convenience stores have thrived thanks to their ability to provide fast service, quality products and great value in strategic locations. As service and location remain the industry’s primary competitive advantage over supermarkets, drug stores and mass merchandisers, many of whom are moving into the fuel and fresh food business, convenience stores [...]
Company to open a first-ever temporary M&M’S World store on Main Street in Hackettstown, N.J. M&M’S World is coming to Main Street, literally. Mars Chocolate North America and Mars Retail Group have announced plans to open the first-ever pilot M&M’S World store at 160 Main Street in Hackettstown, N.J. to celebrate the company’s long-term connection [...]
Partnership with Central Retail Co. is expected to help grow the FamilyMart chain in Thailand to 3,000 locations in 10 years. Japanese convenience store operator FamilyMart Co. plans to accelerate its store openings in Thailand through a new business partnership with Central Retail Corp., MarketWatch reported. FamilyMart plans to sell its entire stake in SFM [...]
With an aggressive expansion and remodeling plan underway, Casey’s General Stores is in firm control of its future and sits atop the list of Chains to Watch in 2013. By: Erin Rigik, associate editor. Casey’s General Stores has come a long way in two years. The convenience store chain is branching into new territory, pushing [...]
Purchase of ampm, EasyTrip stores to triple chain’s reach in the Ohio market. 7-Eleven is planning to buy EZ Energy USA Inc’s 91 stores in Ohio and Pennsylvania, Crain’s Cleveland Business reported. The deal would boost 7-Eleven’s footprint in the Ohio market, where it currently operates only 23 sites. EZ Energy is part of Israel-based [...]
“With the recent changes in leadership, a solid product and key technical advantages, all the elements are in place for significant business growth,” says new chief marketing officer. Additech, a North American outsourced operator of at-the-pump additive and interactive merchandising systems has hired Farah Jumshyd to head up its Marketing department as chief marketing officer. [...]
7-Eleven doubles its numbers from 2003 to 46,000 total stores After breaking both international and domestic store growth records last year, 7-Eleven Inc. plans to have even more growth in 2012. Last year, the chain added more than 4,600 stores throughout the world. About 600 of these stores were built, acquired or transitioned from another [...]
Releases first annual corporate social responsibility report. Coinstar Inc. released its first Corporate Social Responsibility (CSR) Report, “Reimagining Responsibility.” The report highlights the company’s engagement and sustainability efforts and shares future commitments to advancing the long-term well-being of Coinstar, its employees, the environment and the communities it serves. “Since establishing a CSR office in [...]
“Wawa’s ability to grow and expand has a direct, positive impact on the communities in which we operate,” says Wawa CEO. Wawa participated in the White House ceremony to sign the Jumpstart Our Business Startups (JOBS Act), bipartisan legislation that will reduce the regulatory burdens on small businesses, enhancing their ability to grow and create [...]
Study identifies five compelling new platforms that can drive convenience retail growth. Convenience retailers seeking a profitable path to the future now have five compelling growth platforms to explore, following recommendations offered in the final section of a new NACS /Coca-Cola Retailing Research Council (NACS / CCRRC) study posted on www.ccrrc.org. “C-Growth: Using Shopper Research [...]
Despite fast-changing customer expectations, shortened product and retail life cycles and rapid technological advancements, many retailers have not taken advantage of opportunities to innovate. By applying new perspectives to established ways of doing business, convenience store retailers can strengthen their competitive and financial positions, improve the customer experience and create a new life cycle of [...]
The number of stores with dedicated foodservice personnel has nearly doubled since 2007. In a sign that convenience store operators are successfully ramping up their foodservice efforts, industry consultants Technomic found that average unit volumes for c-stores offering prepared food and dispensed beverages (“true foodservice”) jumped to more than $136k in 2011, up from $123k [...]
When it comes to competing in the fuel business, convenience store retailers must fight to maintain their market share. By Jim Callahan. I received an inquiry from a small retailer in the Northeast recently who had lost a huge chunk of his fuel volume due to some fierce new competition. This is an issue that [...]
Latest acquisition strengthens Sunoco’s position as fuels retailer and convenience store operator in Florida. Sunoco Inc. has acquired 11 retail locations in Daytona, Fla., and the surrounding communities in Volusia County from First Coast Energy L.L.P. Each location will be company operated and include an APlus convenience store. “We continue to grow in areas where [...]