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  • Casey’s picks up 22 Kum & Go stores

    Des Moines, Iowa -- Kum & Go and Casey’s General Stores announced that they have signed an agreement for Casey’s to acquire 22 convenience stores from Kum & Go.

    The stores are located in Iowa, Missouri and North Dakota.

  • 7-Eleven completes acquisition of 18 Open Pantry stores

    Dallas -- 7-Eleven announced that it has completed a transaction to acquire 18 Open Pantry convenience store locations in Wisconsin, primarily in the greater Milwaukee and Madison markets. Terms of the deal were not disclosed.

  • 7-Eleven plans major expansion in Jacksonville, Fla.

    New York -- 7-Eleven Inc. plans to open 15 to 20 stores this year in the Jacksonville, Fla., market and 80 locations by 2015, according to the Florida Times-Union.

  • Pantry Q4 drops on charge

    Cary, N.C. -- The Pantry Inc.'s fiscal fourth-quarter profit fell 61%, pulled down by an impairment charge. Net income fell to $3.3 million for the period ended Sept. 29, down from $8.5 million in the year-ago period, which had one extra week.

    Interim CEO Edwin Holman said in a statement that the convenience-store company will look to improve its merchandise sales next year and will do this by taking a look at the prices it charges.

    Revenue rose 12% to $2.18 billion, boosted by fuel sales. Same-store sales were down 0.8%.

  • Pantry CEO steps down

    Cary, N.C. -- The Pantry said Monday that CEO Terrance M. Marks plans to resign within two months.

    In a statement, Marks said that his decision was driven by personal reasons, and that he had accepted "an opportunity that will enable me to return to my home and family in Atlanta."

  • The Pantry to sell 114 stores

    Cary, N.C. -- Convenience-store operator The Pantry is selling 114 locations located in nine states throughout the Southeast. The properties are a combination of owned and leased locations. All are operating convenience stores with gasoline, except for one standalone store.

    NRC Realty Capital Advisors, Chicago, is assisting The Pantry in the sale. As of May 9, The Pantry operated 1,659 stores in 13 states under select banners, including Kangaroo Express, its primary operating banner.

  • Casey’s to purchase 22 stores in Iowa

    Ankeny, Iowa -- Casey’s General Stores and Kum & Go announced that they have signed a definitive purchase agreement for Casey’s to acquire 22 convenience stores from Kum & Go.

    The stores, all of which are located in Iowan, will be immediately rebranded to Casey’s once the transaction is completed.

  • Pantry operations chief resigns

    Cary, N.C. -- The Pantry said Tuesday that its senior VP operations Brad Williams has decided to leave the company after 13 years.

    The c-store operator said it has launched a search for a replacement. In the interim, operations personnel will report to Terry Marks, president and CEO.

  • 7-Eleven to acquire 188-store Wilson Farms

    Dallas -- 7-Eleven has signed an agreement to purchase Wilson Farms, a Buffalo-based convenience store chain with 188 locations in New York State, with an expected closing in the second quarter. Terms of the deal were not disclosed.

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