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Convenience Stores

  • Profits up at Rite Aid

    CAMP HILL, Pa. — Rite Aid's profits grew in fourth quarter and fiscal year 2013 amid stronger front-end sales and prescription count, the retail pharmacy chain said Thursday.

  • Verge Connect teams with c-store parent GPM on smartphone app

    Henderson, N.C. -- Verge Connect said Wednesday it is powering Fas Mart/Shore Stop’s first smartphone application, which debuted in April across more than 200 locations primarily in Virginia, Connecticut, Maryland and Delaware.

    The new application, called Fas APP, integrates with the retailer’s new secure payment card.

    Fas Mart/Shore Stop, which are owned by GPM Investments, selected the Verge Connect platform to help build the company’s digital and mobile presence.

  • Alco Stores moving corporate headquarters to Texas

    Abilene, Kansas -- Alco Stores Inc. said Wednesday it is moving its corporate headquarters from Abilene, Kan., to a suburb of Dallas, citing the need to be “in a more metropolitan area.”

    The new Coppell, Texas offices will give the company easy access to many of its stores, other major retailers and transportation for its workers and business partners, CEO Rich Wilson said in a Wednesday statement.

    The move is slated to occur in June.

     

  • Morgan’s Foods taps Action Services Group for sign/exterior lighting services across six states

    Aston, Pa. -- Action Services Group, a national retail and commercial lighting, sign and electrical maintenance and service company announced a service agreement with Morgan’s Foods Inc., operator of KFC, Taco Bell, Pizza Hut Express and A&W restaurants under franchises licenses, to perform sign and exterior lighting service and maintenance for 73 of their franchise units.

  • Report: Caribou Coffee to close 80 stores, rebrand 88 others into Peet’s

    New York -- Caribou Coffee will close some 80 stores nationwide and turn 88 other locations into Peet's over the next 12 to 18 months, the Chicago Tribune reported.

    Caribou, which is based in Minneapolis, went private this year in a $340 million deal with German investment firm Joh. A. Benckiser Group (JAB), which also owns Peet’s.  

  • Stater Bros. opens its most modern supermarket

    SAN BERNARDINO, Calif. — Stater Bros. has broke ground on its newest and most modern supermarket in the Redlands Village Shopping Center, which is being developed by Lewis Retail Centers.

    The new Redlands Stater Bros. Supermarket will be located on the northwest corner of Lugonia and Wabash Avenues and will replace a smaller Stater Bros. Supermarket located at 1786 Lugonia Avenue. 

  • 7-Eleven acquires 46-store portfolio in South Carolina

    Dallas -- 7-Eleven announced Monday it has closed on the acquisition of 46 Hickory Point and Palms Stores from CB Mart.

    While the terms of this particular deal haven’t been made public, the acquisition boosts 7-Eleven’s Carolinas store count to more than 100 and puts the c-store operator solidly on track to continue its accelerated growth plan. 7-Eleven earlier acquired 55 Sam’s Mart and 13 Fast Track stores in the two-state area.

  • ECOtality and Kroger expand car-charging program

    Cincinnati -- ECOtality and The Kroger Co. announced Monday an expanded partnership including over 200 level 2 (quick charge) charging stations, and 25 DC Fast Chargers, to be installed across key markets through the EV Project.

    The multimillion-dollar expansion will bring the total number of Blink chargers in the Kroger system to almost 300.

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