Page 2
-
Foxtrot relaunches delivery, will reopen third location this week
Restoring e-commerce services marks the beginning of a return to form for Foxtrot after a tumultuous past several months.
-
FEMSA to divest logistics assets as it gears up for c-store expansion
The deal helps the company — parent of the Oxxo brand — focus more on its retail operations in the U.S., where it recently acquired Delek’s 249 sites.
-
At NACS, retailers spoke loud and clear: Hiring and retention tactics need a facelift.
Labor challenges dominated the conversation at last week’s expo in Las Vegas. Here’s how 7-Eleven, TXB, Spinx and others are evolving their workforce practices.
-
7-Eleven CEO addresses financial pitfalls in North America
Joseph DePinto said in a presentation that price-conscious consumers, declining cigarette sales and weaker-than-expected fuel gross profits all contributed to its soft recent performance.
-
7-Eleven shuttering 444 North American stores amid strategic pivot
The retailer also aims to generate $520 million through sale-leasebacks of an undisclosed number of stores as its parent company slashes its profit forecast and spins off non-core segments.
-
TravelCenters of America names new chief information officer
Murtaza Sitabkhan moves into the position after 15 years in various technology and supply chain leadership positions with TA’s parent company, BP.
-
NACS president and CEO to step down
Henry Armour, who has been in the top role since 2005, will leave the position at the end of next year, while Couche-Tard’s former CEO will become NACS’ newest chairperson.
-
NACS Show 2024
5 takeaways from day 3 of the NACS Show
Experts shared insights on employee training and some harsh truths about c-store loyalty programs. As usual, the show floor had no shortage of innovative food and tech products.
-
Column
3 Big Numbers: Swipe fees, TXB trimming turnover and fresh chicken
The 2024 NACS Show delivered data on the cost of credit cards, the benefits of good training and a blissfully short wait for fried chicken.
-
Automated-checkout company Grabango shuts down
The tech company, which made a significant reduction in its workforce last year, was unable to secure the funding it needed to continue operating, a spokesperson said.
-
7-Eleven taps Lucky as head of fresh food development
The longtime retail veteran said he’ll have “a 10,000-foot view” of the chain’s fresh food programs with a focus on strategic development.
-
NACS Show 2024
5 takeaways from day 2 of the NACS Show
The expo grabbed everyone’s attention on Tuesday, but education sessions on hiring and the presidential election didn’t go unnoticed. Neither did a new winner for “longest line on the show floor.”
-
Pilot names head of data and AI
SVP Rakesh Srinivasan previously worked in analytics with Walmart while another hire, VP of legal and government affairs Eva Rigamonti, joined from RaceTrac.
-
EG America names BP veteran as new transformation and strategy VP
Prior to joining EG Group’s U.S. arm, Joanna Benison spent nearly a decade with BP across a number of roles.
-
NACS Show 2024
5 takeaways from day 1 of the NACS Show
While the show floor was getting prepared, education sessions on labor, pricing and store remodels took center stage. Here’s what stood out.
-
3 Amazon Go stores close
The locations, which are all in New York, shuttered because the company “couldn’t make the economics work with the lease cost,” a spokesperson said.
-
Column // NACS Show 2024
Fueling Up: 6 burning questions ahead of the 2024 NACS Show
The c-store industry’s premier event returns this week. Here are some key questions I'll be asking, from tackling labor to gauging the outlook on M&A.
-
BP launches new app, rewards program
Earnify, which is replacing the company’s BPme and Ampm apps, lets members earn points on purchases and redeem them in store or at the pump.
-
Choice Market to cease operations
The Denver-based retailer filed for Chapter 11 bankruptcy in May and intended to restructure. That plan fell through, CEO Mike Fogarty said Monday.
-
EG America reveals 3 new foodservice concepts
A Cumberland Farms store in Massachusetts is now home to the retailer’s first Alanza Pizza, Burger Baby and Wing Trip locations.
-
Parker’s opens its largest store to date
The 7,122-square-foot prototype will have expanded restroom, retail, food and checkout areas.
-
Column
3 Big Numbers: Stewart’s, Citgo and c-store (dis)satisfaction
Big M&A made headline, but a new customer satisfaction report shows retailers still need to focus on execution.
-
Gas Spot opens first Missouri c-store with Arkansas next
The women-led retailer that rose from the ashes of Mountain Express is growing its brand outside of Iowa as it looks to build its Midwest footprint.
-
5 notable c-store executive changes from September
Alimentation Couche-Tard implemented several recent changes, including the planned succession of CEO Alex Miller.
-
Ambest relaunches driver app
The truck stop network updated its mobile experience with more localization and new features like a racing game.