Chains Worth Watching

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

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Casey’s Donates $750,000 To MDA

Customer donations help send children to MDA Summer Camp. Casey’s General Stores Inc. with help from Casey’s customers has raised more than $750,000 to support the Muscular Dystrophy Association (MDA). Throughout the month of August and concluding on Labor Day, Casey’s customers were asked to donate $1 or $5 to help send a child to

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Casey’s Takes Charge

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

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Casey’s Enters North Dakota

Kum & Go divests 22 sites to Casey’s General Stores. Casey’s General Stores is officially moving into the North Dakota market as it acquires 22 stores from Kum & Go. The stores are located in Iowa (19), Missouri (2) and North Dakota (1). “These stores are an excellent fit to our existing store base and

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Casey's General Stores Beats Profit Predictions

Casey’s General Stores posted a quarterly profit that exceeded estimations, helped by higher margins at its prepared foods and grocery businesses, and sending its shares up about 5% in extended trading, Reuters reported. Casey’s net income fell slightly to $39 million, or $1.01 per share, from $39.4 million, or $1.03 cents per share, a year

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Food Sales Make Up For High Gas Prices In Today’s C-Store Market

“Food is the future of (the c-store) industry,” says Jeff Lenard, NACS vice president to The Gazette, an Eastern Iowa newspaper. Food sales accounted for 16.9% of a record $195 billion of in-store sales at convenience stores in 2011, according to the National Association of Convenience Stores (NACS), which means many c-store chains have been

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Casey’s Prospers With Pizza Program

Pizza sales are up at Casey’s thanks to the expansion of its pizza delivery service. Casey’s General Stores Inc. noted a 16.8% jump in same-store sales for its prepared food and fountain line when it reported its earnings results earlier this week. The expansion of the Casey’s pizza delivery program played a big factor in

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Casey’s Reports Strong Results For Q4 Earnings

Casey’s reports significant sales and margin gains in its fiscal fourth-quarter. Casey’s General Stores Inc. reported a 1.4% increase in earnings for the fiscal fourth-quarter due to strong sales and higher margins inside its stores, which offset impacts of lower gasoline margins. The Iowa-based company’s revenue has grown for more than two years due to

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Casey’s Prepares To Enter Tennessee

Construction is set to start on first Tennessee store in Dyersburg this June. Casey’s General Stores Inc. has completed its final due diligence and will break ground on its first site in Tennessee in June. This store will be located in Dyersburg, Tenn. and will mark the 13th state in Casey’s area of operations. “We

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Missouri Supreme Court Denies Casey’s Processing Exemption

Exemption on utilities, machinery, equipment and materials used or consumed in manufacturing or processing, does not extend to the preparation of food for retail sale, the Court rules. The Missouri Supreme Court has denied a Casey’s General Stores convenience store and restaurant a partial sales tax exemption for electricity used to prepare food for sale.

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Casey’s Expands Into Kentucky

Casey’s takes on a 12th state as it prepares to break ground on its new Kentucky store. Casey’s General Stores Inc. has announced that the company has completed its final due diligence and will break ground on its first site in Kentucky later this month. This store will be located in Cadiz, Ky. and will

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Delivering a Winning Pizza Program

In an effort to grow its foodservice business, Casey’s is expanding its menu to include pizza delivery. By Joe Bush, Contributing Editor. Casey’s General Stores has sold pizza for more than a quarter century making it one of the earliest convenience store chains to do so. Now, in an effort to expand its customer base,

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Retail Gasoline Prices Extend Lower Trend

By Brian L. Milne, Refined Fuels Editor, Telvent DTN On Monday (12/12), the Energy Information Administration (EIA) reported the fourth consecutive weekly decline in its regular grade gasoline average, which fell 1.6 cents from the prior week to $3.274 gallon. That’s a nearly 10-month low in the average, although its 10% higher than during the

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Casey’s Strong 2nd Quarter

A favorable gas margin and strong inside sales, give Casey’s a 15.6% increase in total gross profit for the fiscal Q2 2012.   Casey’s General Stores Inc. has reported it’s second quarter results for fiscal 2012. The company reported $0.99 in basic earnings per share for the second quarter of fiscal 2012 ended Oct. 31,

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Gasoline Costs Pointed Up on EU Action, Geopolitical Risk

For the week through Dec. 5 U.S. wholesale gasoline costs mostly increased, while activity in the European Union coupled with heightened rhetoric from Iran are seen pushing gasoline prices even higher. Additionally, Sunoco Inc. announced Dec. 1 that it was beginning to idle the main process units at it Marcus Hook refinery near Philadelphia, Pa.,

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Casey’s Annual Halloween Promotion Benefits St. Jude

Customers donate dollars during the month of October to assist the research and treatment of childhood diseases. Casey’s General Stores raised more than $667,000 during October as part of the 20th Annual St. Jude Halloween Promotion. The program raises funds to support St. Jude Children’s Research Hospital, one of the world’s premier centers for the

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Retail Gasoline Prices Slipping in Front of Thanksgiving

After popping higher by a little more than a penny during the week-ended Nov. 14, the U.S. average for gasoline sold across the country’s retail outlets should resume its downtrend. The Energy Information Administration (EIA) releases its weekly gasoline average late afternoon on Mondays, with the average last reported 1.2 cents higher at $3.436 gallon

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Taking Social Media to the Next Level

C-stores are adding Facebook pages, but to profit from social media, retailers need to also engage fans with text and email marketing campaigns. By Erin Rigik, Associate Editor. Anyone still questioning the power of social media need only look to Japan. The country, which between earthquakes, tsunamis and radiation fears has seen tourism drop, is

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Inside Sales Drive Casey’s Strong Q1 Numbers

Casey’s annual goal is to increase same-store sales 5.8% with an average margin of 32.8%, and to grow it’s store count by 4-6%. Casey’s General Stores Inc. is off to a strong start in fiscal 2012 strong with a “record quarter.”  The c-store chain has reported basic earnings per share of $1.04 for the first

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Casey’s, XYIENCE Launch Sweepstakes

Customers can win a trip to a UFC event in Las Vegas or pre-paid gas cards. Casey’s General Stores and XYIENCE, maker of Xenergy—the official energy drink of the UFC, are teaming  to launch a text message-based sweepstakes, offering two grand prize winners a chance to win a UFC getaway package for two. The contest

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Barkley First Agency of Record for Casey’s

“We’re looking for a long-term relationship with a partner who can help fuel brand awareness throughout our market area. We believe Barkley can do that,” said Casey’s COO. Casey’s General Stores Inc., has named Barkley, a large U.S. employee-owned advertising agency, as the first agency of record for the Casey’s brand. The win follows an

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Casey’s Sees Double Digit Sales Growth

“Despite the challenges impacting our industry, we are optimistic about our ability to continue to drive shareholder value next fiscal year,” says Casey’s CEO. Casey’s General Stores Inc. has reported earnings for the fourth quarter and the fiscal year ended April 30, 2011. For the quarter, basic earnings per share were $0.60 compared to $0.43

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Casey’s Purchasing 22 Kum & Go Sites in Rural Iowa

“These types of communities have proven to be an excellent fit for our business model,” says Casey’s CEO. Casey’s General Stores Inc. is acquiring 22 convenience stores from Kum & Go. All 22 stores are located in Iowa operating under the Kum & Go banner. The stores will be immediately rebranded to Casey’s once the

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Casey’s Reports Q3 Results

Q3 earnings were impacted by compressed margins due to a competitive cigarette environment, rising commodity costs and increased operating expenses related to store openings. Casey’s General Stores Inc. has reported $0.34 in basic earnings per share for the third quarter of fiscal 2011 ended Jan. 31, 2011, compared to $0.34 for the same quarter a

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Casey’s to Acquire Five QuikTrip Stores

Casey’s General Stores Inc. has signed a definitive purchase agreement to acquire five convenience stores from QuikTrip Corp. The five stores are located in the Springfield, Mo., metropolitan area operating under the QuikTrip banner. The stores are expected to immediately rebranded to Casey’s once the transaction is completed. “Springfield has been a great market for

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