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Couche-Tard Extends Statoil Bid To June

Alimentation Couhce-Tard’s offer to acquire all of the shares of Statoil Fuel & Retail for NOK 51.20 per share in cash now expires in early June. Alimentation Couche-Tard Inc. announced that its voluntary offer to acquire all of the issued shares of Norwegian-based Statoil Fuel & Retail has been extended and will expire at 5:30

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Breaking News: 7-Eleven Acquiring Open Pantry

7-Eleven Inc. is in negotiations to acquire most of the Open Pantry Food Marts of Wisconsin chain, a move that would give the c-store behemoth with 6,800 stores across the U.S. a foothold in Wisconsin, where it currently has no stores, the Milwaukee-Wisconsin Journal Sentinel reported. 7-Eleven has reportedly applied for licenses for Open Pantry locations

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7-Eleven Acquires 51 ExxonMobil Locations

“We met our goal of opening 650 stores in 2011, and with this acquisition 2012 is off to a great start,” says 7-Eleven spokesperson. 7-Eleven Inc. has completed the transaction with ExxonMobil to acquire retail interests in 51 North Texas sites. The transaction concluded Jan. 20; terms of the deal were not disclosed. The 51

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Freudenthal Joins Imperial Tobacco Group

Kevin Freudenthal takes helm as region director–Americas and president and CEO of Commonwealth–Altadis Inc. Imperial Tobacco Group PLC, the world’s fourth-largest tobacco company, has appointed Kevin Freudenthal as region director–Americas and president and CEO of Commonwealth–Altadis Inc. He will assume his new position on Jan. 30, 2012, succeeding Graham Bolt who has retired from the company. Freudenthal brings a wealth of experience

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GIANT Acquires 16 Genuardi’s Family Market Locations

“We are very excited to have the opportunity to expand our presence in greater Philadelphia and serve new customers,” says GIANT Food Stores president. GIANT Food Stores of Carlisle, Pa. has entered into an agreement with Genuardi’s Family Markets, a subsidiary of Safeway Inc., to acquire 16 Genuardi’s stores in Greater Philadelphia for $106 million.

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Hershey To Acquire Brookside Foods

“The acquisition of Brookside is an opportunity for Hershey to expand our portfolio in this category,” says Hershey’s CEO.   The Hershey Co. has reached an agreement to purchase Brookside Foods Ltd., a privately held confectionery company based in Abbotsford, British Columbia. Brookside is a chocolate confectionery company with products based on a unique formula

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Starbucks Looks To Reinvent Juice Segment With Acquisition

After buying Evolution Fresh Inc., Starbucks vows to create a never before seen retail model as it introduces a new health and wellness business based around the juice brand. Starbucks Corp. has acquired the San Bernadino, Calif.-based juice business Evolution Fresh Inc. for $30 million as part of a larger effort to move beyond just

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Circle K Buys 26 Stores From Chico Enterprises Inc.

Following the acquisition, Circle K will operate 29 locations in western Pennsylvania. Alimentation Couche-Tard Inc.’s Circle K has acquired 26 stores in three states from Chico Enterprises Inc. of Morgantown, W.Va., the Pittsburgh Tribune Review reported. Seven of those stores are located in western Pennsylvania, including outlets in North Fayette and in Dunbar, Fayette County,

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Former Phillips Oil Stations In Florida Sold

Sun State Oil to supply fuel to the multiple new owners that acquired the 30 properties. NRC Realty & Capital Advisors LLC’s subsidiary, NRC Realty Advisors of Florida LLC, has completed the sale of the final 30 properties formerly owned and operated by Ryan Phillips (Phillips Oil) and located in the panhandle of Florida.  Sun

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7-Eleven Converts Wilson Farms Stores

Nine Wilson Farms stores are changing banners this year, with the rest scheduled for rebranding next year. Contractors are refurbishing; new signs are rising, and Slurpee machines are moving in as 7-Eleven Inc. undertakes the first of many equipment upgrades at Wilson Farms stores in western New York, converting them to the 7-Eleven banner. Starting

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Delek US Acquires Remaining Interest in Lion Oil

“We have increased flexibility with which to pursue a wider range of strategic initiatives capable of unlocking value for our shareholders,” says Delek US Holdings CEO. Delek US Holdings Inc., a diversified energy company with assets in the petroleum refining, marketing and retail industries, has acquired the remaining 11.7% minority equity interest in Lion Oil

Couche-Tard Pushes U.S. Expansion

When Alimentation Couche-Tard Inc. was presented with CSD’s Chain of the Year honors in 2007, the company’s smart, strong growth was cited as the foundation for the honor. A little more than two years later and not much has changed. The company is still regarded as one of the savviest marketers in two countries, and

MAPCO Express Rolls On

While many chains are still feeling the crunch from the current economic recession, others are seeing opportunity. Count MAPCO Express among the companies waiting to pounce. MAPCO Express, a subsidiary of Delek US Holdings, has a long history in convenience retailing. It continues rolling out an upscale convenience store concept, branded MAPCO Mart, and is

Kum & Go Opens Missouri Stores

In celebration of the grand opening of its newest stores in southwest Missouri, Kum & Go, one of the nation’s leading convenience store chains, will give away a 2009 Harley Davidson Nightster motorcycle to one of its loyal customers. “The Harley Davidson giveaway is a perfect opportunity for us to get to know our newest

Smokeless tobacco market plans, snue and spit free product information

TOP PERFORMERS Copenhagen (Philip Morris USA) Skoal (Philip Morris USA) Grizzly (Conwood Co./ Reynolds American) HONORABLE MENTIONS Kodiak (Conwood Co./ Reynolds American) Timberwolf (Swedish Match) Longhorn (Swedish Match) Few product categories are as dynamic as smokeless tobacco, which helps make managing the set all the more interesting. With so many new products, flavors and line

BP Testing “Smart Wi-Fi” at U.S. Stores

BP North America has teamed with two wireless networking firms to pilot a souped-up version of Wi-Fi at 50 stores nationwide, all in hopes of adding more value to the customer experience. “We’re very interested in what the customer reaction will be,” said BP spokesman Scott Dean. “We have high hopes for this.” BP turned

EZ Energy Acquires 42 Stations

EZ Energy USA Inc., the U.S. entity of Israeli-based EZ Energy Ltd., has signed a contract to acquire 42 gas stations in the U.S. and all related inventory—as well as four lots—for a reported $32.6 million. When the deal is closed, EZ Energy will own 93 stores that sell approximately 160 million gallons of gas

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