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Convenience Stores

  • McDonald’s reveals initial steps, leadership team for turnaround plan

    Oak Brook, Ill. – McDonald’s Corp., which recently reported a 33% year-over-year decline in profits for the first quarter of fiscal 2015, is revealing the first steps of its turnaround plan. Beginning July 1, 2015, McDonald's will operate under a new organizational structure with the following market segments:

    U.S.: The company's largest segment, accounting for more than 40% of the Company's 2014 operating income;

  • Gander Mountain to open in Marion, Illinois

    Marion, Ill. -- Outdoor gear and apparel retailer Gander Mountain is set to open its new location, in Marion, Illinois, on May 7.

    The new 52,000-sq.-ft. store is the company’s eighth in Illinois. The exterior and interior layout reflect Gander Mountain's new store design featuring innovative interior elements, displays and fixtures.

  • Potbelly promotes executive to VP of operations

    Chicago - Potbelly Corp. has promoted Julie Younglove-Webb as its new senior VP of operations. Younglove-Webb will oversee all aspects of company operations.

    Younglove-Webb joined the Potbelly 2008, as a general manager and then a district manager before assuming various operations roles and being promoted to her latest role as Central Zone VP, overseeing 250 shops. She replaces John Morlock, who will now serve as senior VP of ops growth.

  • WinCo Foods opening 100th store

    New York -- Discount supermarket company WinCo Foods LLC will open its 100th store on May 7, in Lewisville, Texas. The 83,000-sq.-ft. location is the fifth WinCo store to open in the Lone Star State.

    The new store features WinCo's signature "Wall of Values" at the entry, which displays a wide variety of high-volume, value-priced products.

    WinCo currently operates some 100 stores in the states of Washington, Idaho, Nevada, California, Oregon, Arizona, Utah and Texas.
     

  • McDonald’s pilots on-demand delivery in New York

    Oak Brook, Ill. - McDonald's Corp. is trying to make fast-food even more convenient for New Yorkers. The retailer is launching a delivery test with Postmates, a direct-to-consumer delivery service, in the boroughs of Manhattan, Queens and Brooklyn.

    Customers can go to Postmates.com or download the Postmates mobile app to order McDonald's food for delivery within an hour. The test involves 88 select McDonald's restaurants.

  • Amex launches loyalty program

    New York – American Express is launching a new loyalty program called Plenti. The program lets consumers use loyalty points accrued at one participating retailer and use them at another.

    Initial participating organizations include AT&T, Exxon, Macy’s, Mobil, Nationwide, Rite Aid, Direct Energy, Enterprise Rent-A-Car and Hulu. The program is expected to include more brands in additional categories over time.

  • Tractor Supply Co. to open up to 115 new stores in 2015

    New York -- Expansion plans are under way at surging Tractor Supply Co., which had a 5.7% increase in same store sales and a 19% increase in earnings in the first quarter.

    The Tennessee-based retailer said it plans to open 110 to 115 new stores in 2015, as well as build a new distribution center in Casa Grande, Ariz. For the first quarter, same store transaction count increased 4.8% and average ticket increased 0.8%. Pet and heating consumables, fencing, truck accessories and tools all performed well, the company said.

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