CircleK2

Dead River Co. Sells Stores To Circle K

Stores scheduled to transition to Circle K ownership in December. After about 40 years in business, Dead River Co. is selling its 19 convenience stores to Alimentation Couche-Tard Inc.’s Circle K, Bangor Daily News reported. “We’re not closing them; we’re selling them,” Alan Dorr, general manager for procurement at Dead River’s South Portland, Maine headquarters

Trigild---Alameda-Station

Sale Closes On 30 New Mexico Stations

The former Chevron and Conoco-branded sites, once operated by Ever-Ready Oil, are acquired by two regional operators. In a deal valued at more than $15 million, San Diego-based Trigild Inc., in tandem with Dallas-based brokerage firm Annandale Real Estate, has closed the sale of a portfolio of 30 Albuquerque, N.M., area gas station/convenience stores once

Couche-Tard Versus Iowa

Alimentation Couche-Tard plans to challenges the constitutionality of several Iowa anti-takeover laws as part of the company’s hostile bid to purchase Casey’s General Stores, the Des Moines Register reported. Couche-Tard, which operates 5,883 convenience stores in the U.S. and Canada, filed court papers late last week alleging that three Iowa statutes contradict U.S. law, creating

BP To Divest 114 Stations

BP PLC is selling 114 gas stations and convenience-store properties in 22 states, the Wall Street Journal reported. Most of the locations are being marketed as redevelopment sites, while some are being offered as part of potential franchise deals, according to the Web site of BP’s broker, Jones Lang LaSalle. BP had decided to sell

Why Every Convenience Store Owner Needs An Exit Plan

By Ted Thomas, Sun Exit Advisors Most convenience store owners are too busy to think about their exit plan. There comes a time, however, when business owners want to successfully leave their business. Unfortunately, when it comes time for transition, most don’t know how to accomplish that goal. A common mistake is to rush to

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