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Convenience Stores

  • McDonald’s Canada rolls out MasterCard’s PayPass contactless payment technology

    Toronto -- McDonald's Restaurants of Canada Limited and MasterCard Canada have introduced the MasterCard PayPass contactless payment technology at participating restaurant locations throughout the country.

    PayPass point-of-sale payment terminals have been installed at more than 1,400 McDonald's restaurants in Canada, giving patrons the option to tap-and-go when making purchases.

  • Qdoba opens California location

    Denver -- Qdoba Mexican Grill announced Friday that it has opened a new location at Janss Marketplace, located in Thousand Oaks, Calif.

    This is the first Qdoba location in Thousand Oaks, and the 12th location in Southern California for the chain.
     

  • NCR acquiring Radiant Systems

    Duluth, Ga. -- NCR Corp. will acquire Radiant Systems, a leading provider of multichannel point-of-sale and managed hosted service solutions to the hospitality and specialty retail markets, through a cash tender offer of $28.00 per Radiant Systems share. The equity purchase price of $1.2 billion has been approved by the boards of directors of each company.

    It is expected the transaction will close during third quarter 2011, subject to regulatory approval.

  • Bob Evans Farms to remodel 44 units

    New York City -- Bob Evans Farms will extend its “Farm-Fresh Refresh” renovation project to 44 locations in the Detroit and Toledo, Ohio, areas. The renovations are expected to begin in August 2011 and be finished by this November.

    The new stores will include a bakery, a carry-out area and a redesigned retail area. The updated design features murals in the entryway depicting the heritage of Bob Evans and more modern furnishings, light fixtures and brighter color schemes in the dining room.

  • SpendingPulse Report: June results mixed

    Purchase, N.Y. -- A report released Thursday by MasterCard Advisors, which tracked sales activity in the MasterCard payments network coupled with cash and check estimates, said that June sales continued May’s mixed bag with some sectors gaining and some losing momentum.

  • Sheetz to add DC in North Carolina to support expansion

    New York City -- Convenience-store operator Sheetz will open a distribution facility by 2014 to support its expansion plans and increasing number of stores in the state, according to a report by The News & Observer. The distribution facility also will serve stores in southern Virginia and West Virginia, the report said.

    Sheetz currently has 394 stores, with more than half in Pennsylvania. With a goal of 500 stores in three years, the chain is targeting North Carolina and West Virginia its top markets for expansion.

  • Solid club channel comps bode well for Sam’s Q2

    Costco and BJ’s reported impressive same-store sales for June, and that’s good news for Sam’s Club. Given the strong correlation in performance between Sam’s and its direct competitors it is reasonable to assume Sam’s is on track to easily attain its second quarter same-store sales guidance, which calls for an increase in the range of 3% to 5%. Sam’s posted a first-quarter comp increase of 4.2% but doesn’t provide monthly updates.

  • Tri-Land announces new leases

    Westchester, Ill. -- Tri-Land Properties announced Thursday that Marshalls and Qdoba Mexican Grill have joined the company’s projects in Indiana and Minnesota.

    At Southern Plaza, a 335,000-sq.-ft. Indianapolis shopping center anchored by Kroger and Office Depot, Marshalls has opened a 24,084-sq.-ft. store.

    At Century Plaza, a 300,592-sq.-ft. shopping center located in Merrillville, Ind. anchored by Staples and Old Time Pottery, Qdoba Mexican Grill has opened a 2,700-sq. ft. Mexican fast-casual restaurant.

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