Alimentation Couche-Tard

Convenience stores, corner stores, bodegas, mini-marts, whatever you call them in your area, they were a lifeline to many during the COVID-19 pandemic.

Customers can have a drink a day on Circle K – for a monthly fee and a limited time.

Convenience retailer Circle K is reportedly rolling out a new beverage subscription offering called “Sip & Save.”

Alimentation Couche-Tard Inc. is downsizing its portfolio in the United States, putting hundreds of Circle K stores on the selling block. 

Alimentation Couche-Tard Inc. has dropped its plans to buy Carrefour SA, but the two retailers plan to look for opportunities to work together.

Alimentation Couche-Tard Inc. and CrossAmerica Partners LP reached an asset-exchange agreement that will see 265 sites change hands in a series of transactions.

JCP Investment Management, BLR Partners LP and Joshua E. Schechter want Casey’s General Stores to explore alternatives, including a sale or merger, believing the company offer more value in a sale than as a standalone company.

Fake news. Or, at the very least, over-exaggerated news. That’s what I call the reports about the death of retail. Retail sales are up $121.5 billion (through the first seven months of the year) and the holiday forecasts look promising, with Deloitte predicting a healthy 4 to 4.5% increase over last season.

Alimentation Couche-Tard has closed on the biggest transaction in its history.    The Canadian company announced that it has completed its $4.4 billion acquisition of CST Brands. The deal will add approximately 1,300 stores to the Couche-Tard portfolio, including 666 locations in Texas.   

A former executive at Toys "R" Us has joined the executive team of Bridgestone Americas.   Bridgestone named Joe Venezia as president of Bridgestone Retail Operations, effective June 19, 2017. He most recently served as executive VP of global store operations at Toys "R" Us. Venezia joined the toy retailer in 2014 as senior VP, store operations. Prior to Toys "R" Us, Venezia was senior VP of operations and head of stores for convenience-store chain The Pantry.