“The travel center will serve this community through products and services as well as contribute to the local economy through jobs and tax revenue,” says Pilot Flying J CEO. Pilot Flying J recently acquired a travel center in Grand Forks, N.D., and will remodel the Pilot Travel Center to feature full amenities for professional drivers [...]
Some 100 Wawa c-stores are planned for Florida over the next five years. Wawa, which operates more than 580 c-stores in New Jersey, Pennsylvania, Delaware, Maryland and Virginia, is set to begin construction on its first Florida convenience store across from SeaWorld at International Drive and Central Florida Parkway, in Orlando, Fla., the Orlando Sentinel [...]
Outstanding service, a sincere dedication to its team members and an ongoing commitment to convenience retailing earn the Louisville, Ky. chain the industry’s oldest and most prestigious award. By John Lofstock, Editor. The late Steve Jobs, CEO of Apple Inc., once said, “A lot of companies have chosen to downsize. We chose a different path. [...]
“The travel center will serve this community through products and services as well as contribute to the local economy through jobs and tax revenue,” says Pilot Flying J CEO. Pilot Flying J recently opened a newly acquired travel center in Collins, Mo., and will remodel the Pilot Travel Center to feature full amenities for professional [...]
CEFCO Convenience Stores has acquired the retail assets of two sites located in Collinsville and Marion, Miss. Additional terms of the agreement were not disclosed. This acquisition represents the continuation of CEFCO’s aggressive growth pattern, preceded by the August 2011 purchase of the 69‐store Food Fast chain based in Tyler, Texas. Upon the successful completion [...]
With the Planning Commission’s approval, Kwik Trip now seeks permission from the Oshkosh Common Council. This week Kwik Trip received approval from the Oshkosh Plan Commission to proceed with plans to demolish an existing Lang Oil gas station on West Ninth Avenue in Oshkosh, Wis., and replace it with a new Kwik Trip that would [...]
“Year to date, 7-Eleven has added more than 400 new locations, and 2011 promises to be 7-Eleven’s biggest year for store growth since 1986,” says 7-Eleven VP of mergers and acquisitions. 7-Eleven Inc. has agreed to acquire the retail interests of 28 locations from Pacific Convenience & Fuels LLC (PC&F). Located in the western half [...]
As Supervalu divests stores, Tesoro plans to buy 51 Albertson’s Fuel Express stations, in addition to leasing 241 sites from Thrifty Oil Co. Tesoro Corp. is set to grow its fleet of retail stores by 25% with the acquisition of about 290 locations from Supervalu Inc. and Thrifty Oil Co. “The combined purchase and lease [...]
As ConocoPhillips splits, it reveals which assets are set to be part of its new exploration-and-production company. ConocoPhillips plans to complete the spinoff of its refining company in the second quarter of 2012, providing stockholders with one share in the new refining entity for every two shares they currently own, the Wall Street Journal reported. [...]
Tesco’s struggling Fresh & Easy chain to test a c-store version of the grocery store brand, after a successful push with Tesco Express in the U.K. Tesco PLC is set to test a new Fresh & Easy Express branch of stores, a smaller-format version of its Fresh & Easy grocery stores, in an effort to [...]
Following its separation from Marathon Oil Corp., Marathon Petroleum is now preparing to grow its Speedway brand. Marathon Petroleum Corp., which spun off from Marathon Oil Corp. last month, is searching for acquisitions and seeking assets that meld with its strategy of refining oil and distributing the fuels produced, Reuters reported. “We have an appetite [...]
7-Eleven Inc. has agreed to acquire ExxonMobil’s retail interests in 183 Florida sites. Included in the acquisition is a combination of company- and dealer-operated sites located in Orlando, Southwest Florida, Palm Beach and Broward County. The 183 sites include five unused parcels of land. The majority of locations will be rebranded as 7-Eleven operations, and [...]
Ankeny, Iowa-based Casey’s General Stores Inc. has completed the acquisition of six convenience stores in Iowa owned by J.D. Carpenter Companies Inc. The stores operate under the Short Stop banner and are expected to be immediately rebranded to Casey’s. “After approaching Short Stop nearly three months ago, we were pleased with how smoothly the process [...]
Casey’s General Stores Inc. has entered into an agreement to purchase up to 19 convenience stores in Illinois owned by Harper Oil Co. Inc. The stores are currently operated under the “On The Way” banner and will be rebranded to Casey’s. Harper, which owns other On The Way stores, plans to continue to operate its [...]
Alimentation Couche-Tard Inc., through its wholly-owned indirect subsidiary, Mac’s Convenience Stores LLC, is set to acquire 12 stores in the Indianapolis, Ind., area from Crystal Flash Petroleum LLC, which operates under the “Crystal Flash” banner. The transaction is anticipated to close in September 2010 and is subject to standard regulatory approvals and closing conditions. According [...]