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Convenience Stores

  • Dunkin’ Donuts seeks franchise growth in Louisiana

    Canton, Mass. - Dunkin' Donuts, is recruiting franchisees throughout the state of Louisiana. The company is placing an emphasis on the New Orleans, Baton Rouge, Lake Charles and Lafayette markets.

    Currently, there are nine Dunkin' Donuts restaurants in the state.
     

  • Bob Nardelli joining Pep Boys board

    The former chairman and CEO of Home Depot is joining the board of directors at Pep Boys.

    Robert Nardelli, the former chairman and CEO of Home Depot and Chrysler, has been appointed to Pep Boys’ board of directors, bringing the current size of the board to nine directors.

    Chairman of the board, Robert Hotz, said: “We are pleased to have Bob join our board and welcome his extensive operating expertise and insight.”

  • Study: POS technology alive and well; North American shipments up 5%

    Franklin, Tenn. – The boring old POS terminal may not be so boring after all. According to new research from IHL Group, North American POS shipments grew by 5.2% year-over-year in 2014, a time when many were calling for a reduction in shipments due to mobile.  

  • Publix, Aldi, H-E-B top Temkin Experience Ratings

    Waban, Mass. – Publix, Aldi and H-E-B share something besides all operating in the grocery sector. Based on a study of 10,000 U.S consumers, the three supermarket chains earned the highest scores in the 2015 Temkin Experience Ratings that ranks 293 companies across 20 industries.

    Joining those firms in the top 12 spots are retailers Chick-fil-A, PetSmart, Amazon.com, Trader Joe's, Papa John's, Walgreens, and Hannaford's.

  • Publix, Aldi tops in customer experience rankings

    Publix, Aldi and H-E-B now share something else besides operating in the grocery sector: They all do a stupendous job of serving their customers.

    According to a study of 10,000 U.S consumers, the three supermarket chains earned the highest scores in the 2015 Temkin Experience Ratings. The list ranks 293 companies across 20 industries.

    Joining those firms in the top 12 spots are retailers Chick-fil-A, PetSmart, Amazon.com, Trader Joe's, Papa John's, Walgreens, and Hannaford's.

  • Kmart, Best Buy lift St. Jude's campaign

    Kmart and Best Buy are among the retailers that helped St. Jude’s Hospital raise more than $100 million for the second year in a row.

    Kmart led all fundraising for St. Jude’s once again at $17.5 million, bringing its grand total to date to $76 million. Best Buy saw its campaign increase from nearly $1 million in 2013 to $9.7 million.

  • Family Dollar CEO to cut company stake again

    Matthews, N.C. – Howard Levine, CEO of Family Dollar Stores Inc., intends to reduce his holdings of company stock for the second time in a month. In an SEC filing, Levine said he will sell up to two million shares of Family Dollar stock in an effort to diversify his portfolio.

    In February 2015, Levine sold about 1.77 million shares of Family Dollar stock for $134.5 million. Family Dollar is in the process of being acquired by Dollar Tree Inc.

  • Costco finds a replacement for Amex

    Costco has a new credit card partner for its stores, and it’s a brand name that shoppers may already be very familiar with.

    The retailer has entered into a new co-brand credit card program agreement with Citi and an acceptance and co-brand incentive agreement with Visa.

  • CST Brands net income soars in Q4 on fuel, CPG margins

    San Antonio, Texas – Net income soared on rising margins in fuel and consumer packaged goods at convenience/fuel retailer CST Brands Inc. in the fourth quarter of fiscal 2014. Net income rose 176% to $94 million from $34 million in the same quarter a year earlier.

    Revenues dropped 13% to $2.7 billion from $3.06 billion. For the full fiscal year, net income rose 44% to $200 million from $139 million. Revenues fell 4% to $12.18 billion from $12.78 billion.

  • Giant Eagle exits discount grocery; closing Good Cents Grocery + More

    New York -- These are tough times for discount grocery stores — unless the company happens to be the fast-growing Aldi. Pittsburgh-based supermarket operator Giant Eagle plans to close all eight of its Good Cents Grocery + More stores. The closures are set for March 26.

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