Operations: Page 33
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Column
What does convenience look like in a future where fuel matters less?
The c-store model hasn’t changed much in recent decades, but new formats from Yesway, Casey’s and Urban Value Corner Store offer key insights to addressing the rise of electrification, writes Frank Beard.
By Frank Beard • March 28, 2023 -
Longtime TravelCenters of America president and CEO passes away
Edwin P. Kuhn served in leadership positions for the company from 1992 to 2007, overseeing big acquisitions and the transition away from its truck-focused roots.
By Jessica Loder • March 28, 2023 -
Trendline
Top 5 stories from C-Store Dive
Top 5 stories from C-Store Dive 2023/2024
By C-Store Dive staff -
EG Group’s owners ‘racing to complete’ Asda merger
A Monday report in The Times of London noted that the potential deal would be worth up to $16 billion.
By Brett Dworski • March 28, 2023 -
Activist investor looking to oust 4 Seven & i directors
ValueAct said it has grown frustrated that the retailer hasn’t adopted a strategy to grow faster and improve its profitability and market valuation.
By Brett Dworski • March 27, 2023 -
TravelCenters of America confirms rejection of Arko acquisition bid
In an announcement Tuesday morning, the chain said its board determined the offer wasn't superior to BP's, and wouldn't lead to a better offer.
By Brett Dworski • Updated March 28, 2023 -
QuikTrip pilots concept in first of 6 Mississippi locations
The retailer's travel centers feature a larger lot, more room in the store, 20 fueling locations for cars and six diesel bays.
By Jessica Loder • March 27, 2023 -
Inside Dash In’s new food-focused store format
The company’s updated design and made-to-order menu recently greeted shoppers in Loudoun County, Virginia, and will eventually roll out across the 54-store chain.
By Jessica Loder • March 27, 2023 -
Delek’s chief operating officer to step down this year
Todd O’Malley’s responsibilities will be split between Delek’s EVP and Chief Commercial Officer Patrick Reilly as well as newly hired EVP of Operations Joseph Israel.
By Brett Dworski • March 24, 2023 -
Mountain Express Oil exploring sale
Days after filing for Chapter 11 bankruptcy protection, the retailer and fuel supplier has received post-petition financing tied to a sale process, court documents show.
By Brett Dworski • March 24, 2023 -
Love’s aims to hire 2k workers
The company will hold its fifth annual nationwide hiring event later this month, with positions available at its stores, truck care centers and customer service facility.
By Jeff Wells • March 24, 2023 -
BP names two board members as it focuses on ‘growth engines’
The appointments earlier this month come as the company looks to capitalize on its bioenergy, convenience, EV charging, renewables and hydrogen segments.
By Brett Dworski • March 23, 2023 -
Parkland to let largest shareholder name two new board members amid investor pressure
Simpson Oil, which owns 19.6% of Parkland shares, will get to nominate two investment managers to Parkland’s board — a “coincidental” development in light of Engine Capital’s push to realign the company.
By Brett Dworski • March 23, 2023 -
Hedge fund pushes for Parkland to split its business or sell the company
“Parkland in its current form does not work as a standalone public entity,” Engine Capital said in a letter to the retailer’s board of directors.
By Brett Dworski • March 22, 2023 -
Giant Eagle CEO abruptly departs
The company that oversees GetGo c-stores has parted ways with Laura Shapira Karet, who served as chief executive beginning in 2012, and named Bill Artman as its interim leader.
By Sam Silverstein • March 22, 2023 -
Rutter’s names new director of fuels
Kevan Anderson, who has worked in the fuel industry for more than nine years, will oversee procurement, pricing and strategy in the division.
By Jessica Loder • March 22, 2023 -
In tough economic times, Murphy USA thrives
But as the company eyes a 500-store expansion, it will be challenged by “stagnant fuel demand, normalizing retail margins and increasingly savvy competition,” one expert noted.
By Christine Blank • March 22, 2023 -
GetGo to bring bitcoin ATMs to 125 locations
The Pittsburgh-based company joins a growing list of c-store operators doing the same, as retailers seek new ways to bring customers inside their stores.
By Brett Dworski • March 22, 2023 -
How Rutter’s large c-stores aim to future-proof the business
As the chain expands, it’s building locations that are notably bigger than its current sites. That should leave plenty of space to take advantage of new opportunities in foodservice, gaming and more.
By Jessica Loder • March 21, 2023 -
Retail media brands Mood Media and Vibenomics merge. What does it mean for c-stores?
Having the flexibility of an all-in-one platform could help encourage more operators to get their programs up and running, a Vibenomics executive said.
By Brett Dworski • March 21, 2023 -
Mountain Express Oil files for bankruptcy
The retailer’s c-stores are expected to maintain normal operations during this reorganization.
By Brett Dworski • March 20, 2023 -
Yesway names chief real estate officer
With the retailer looking to build 60 to 80 stores per year moving forward, Tom Brown’s role will include finding locations for new sites and identifying potential acquisitions.
By Jessica Loder • March 20, 2023 -
Dollar General investing $100M in its stores, with a focus on boosting labor
The discounter recently opened its 19,000th location and saw sales as well as comps rise in its fourth financial quarter as inflation helped drive results.
By Sam Silverstein • March 20, 2023 -
Exploring Buc-ee’s growth beyond Texas
An interactive map highlights the supersized c-store chain’s rapid expansion into new states like Wisconsin, Colorado and Virginia.
March 20, 2023 -
Couche-Tard to acquire 2,200 TotalEnergies sites in Europe for $3.3B
If approved, the deal for the stores in Germany, Belgium, the Netherlands and Luxemburg will grow the retailer’s footprint on the continent by 80%.
By Brett Dworski • March 16, 2023 -
Wawa to pay up to $28.5M in data breach settlement
The retailer’s latest payout will go to the financial institutions involved in the 2019 incident, continuing a series of payments it has made to customers and states over the past year.
By Brett Dworski • March 15, 2023