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Convenience Stores

  • Retailers upset with “harmful” NLRB ruling

    Arlington, VA - Retailers on Friday criticized the National Labor Relations Board decision that gave the go-ahead to new laws to expedite the union election process. The amendments, to go into effect April 14, provide for electronic filing and transmission of election petitions and other documents; eliminates or reduces unnecessary litigation; and allows parties to consolidate election-related appeals to the board into a single appeals process, the NLRB said in a statement.  
  • Hooters plans real estate with Forum Analytics

    Atlanta - Hooters of America is partnering with Forum Analytics for a customized real estate planning and market-optimization solution. The collaboration will allow Hooters real estate operations make real-time, data-driven decisions by allowing users to share market data and sales forecasts, as well as impact estimates and site packet materials via SIMMS Online, Forum’s proprietary mapping, reporting and analytic platform.   
  • Phillips Edison acquires Kroger-anchored center near Atlanta

    Cincinnati - Phillips Edison Grocery Center REIT II announced the acquisition of Spivey Junction, an 81,475-sq.-ft. grocery store-anchored shopping center in Stockbridge, Georgia, a suburb of Atlanta.   Spivey Junction is anchored by Kroger, and features a fuel center. Other national and regional tenants at the center include Great Clips, Workout Anytime, Domino's Pizza, Subway, Goodwill and Miracle Ear.
  • MasterCard Advisors: Cheaper gas means more presents

    Purchase, N.Y. – A decline in the price of gasoline may be leading to a larger haul for many many people on Christmas morning. According to the latest MasterCard Advisors SpendingPulse, total retail sales without the automotive and gasoline sectors were up 3.6% in November 2014, reinforcing the dramatic decline in gasoline prices.  
  • McKenna joins Foran to drive Walmart’s U.S. growth

    The globalization of Walmart’s domestic operations continued this week with the appointment of Judith McKenna to the role of chief operating office for Walmart U.S.

  • Casey’s beats Street with Q2 profit gain, plans 72-108 new stores

    Ankenny, Iowa – Casey’s General Stores Inc. beat Wall Street expectations with net income of $49.89 million in the second quarter of fiscal 2015, up 21% from $39.43 million the same period the prior year. Growth of cost of goods sold did not keep pace with growth of sales, aiding the retailer’s profit.  
  • Walgreens CEO Greg Wasson to retire on completion of merger with Alliance Boots

    DEERFIELD, Ill. - Walgreens president and CEO Greg Wasson informed the company’s board of directors that he will retire shortly after the completion of the merger between Walgreens and Alliance Boots, of which shareholders are scheduled to vote on Dec. 29, 2014.    
  • Walmart names Judith McKenna COO; Gisel Ruiz appointed EVP of Walmart’s International People Division

    BENTONVILLE, Ark. — Walmart Stores on Wednesday announced that Judith McKenna has been promoted to COO for Walmart U.S. McKenna succeeds Gisel Ruiz, who has been appointed EVP of Walmart’s International People Division.    McKenna will assume her responsibilities immediately and will continue to report directly to Walmart U.S. president and CEO, Greg Foran. Ruiz will also assume her responsibilities immediately and will report to Walmart International president and CEO, David Cheesewright.   
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