Canadian convenience store Alimentation Couche-Tard reported a profit of $146.4-million (U.S.), up 24% for the fourth quarter, driven mainly by acquisitions, but the results came in below analysts’ expectations. In the U.S., Couche-Tard, which owns and operates the Circle K brand, also saw sales increases. Sales at established stores rose 2%, excluding tobacco products. Same-store…
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…
iSIGN, ADCENTRICITY, Team to Target Customers
Partnership drives customer engagement at point of decision at MAC’s convenience stores. Deepening its long-term relationship selling the Mac’s Couche-Tard digital network with a combined offering with iSIGN, ADCENTRICITY now provides retailers with the first-ever end-to-end value solution. iSIGN Media Solutions Inc., a provider of interactive mobile advertising solutions that serves advertisers, manufacturers, retailers and…
Circle K Renews Xenergy’s National Brand Status
“XYIENCE has continually shown commitment to overall category growth as well as taken steps in customer-first initiatives, and we have a great partnership together,” says Circle K spokesperson. Circle K has renewed its national brand agreement with XYIENCE, continuing to give its energy drink brand Xenergy access to all 4,200 locations of the convenience store chain in the…
Couche-Tard Reports Strong First Quarter
“I am pleased to announce that our results are on the rise,” says CEO of Couche-Tard. For its first quarter of fiscal 2012, Alimentation Couche-Tard Inc. announced net earnings of $139.5 million, up $12.6 million or 9.9% from the comparable period of last fiscal year. The increase is mainly attributable to the drop in financial…
Wholesale Gasoline Costs Mixed in Mid-August
Wholesale gasoline costs were mixed through the week-ended Aug. 22, while the New York Mercantile Exchange September RBOB (gasoline) futures contract edged higher. In California, wholesale gasoline costs moved up on a sharp drawdown from state specific gasoline inventories, while in the Midwest costs were higher as refining activity eased. Gasoline costs in the Northeast…
Couche-Tard Buys 322 Sites
Purchase allows Circle K stores to expand in the Southern California market. Alimentation Couche-Tard Inc. is increasing its footprint in Southern California by acquiring up to 322 convenience-store sites plus an additional 65-reseller contracts from ExxonMobil Corp., the Wall Street Journal reported. While the purchase price was not disclosed, Couche-Tard said it plans to pay…
Mac’s, XYIENCE Partner for Sweepstakes
“We have been very pleased with the performance of the Xenergy brand in our stores and as a result, have recently expanded our listing base to include Xenergy Xtreme flavors,” says Mac’s spokesperson. XYIENCE, maker of Xenergy, the official energy drink of the UFC, and Mac’s Convenience Stores Inc., a division of Alimentation Couche-Tard, have…
Couche-Tard’s Q3 Report: Profits Up
“Despite the absence of recent major acquisitions, quarter after quarter, we continue to create value for our shareholders by improving our sales and margins and through initiatives that allow us to increase our efficiency,” says vice president. Alimentation Couche-Tard Inc. announced net earnings of $71.0 million for its third quarter, up $16.2 million or 29.6%…
Circle K Elevates Xenergy To A National Brand
Now at least three different varieties of XYIENCE’s Xenergy are planned for each region where Circle K operates, catering to local taste preferences. Circle K has sealed an agreement with XYIENCE, elevating its energy drink brand Xenergy to national status and giving it potential access to all 4,200 locations of the convenience store chain. The…