M&A
-
Column
Fueling Up: What are the fastest growing small and mid-size c-store chains in the US?
Unlike the Circle Ks and Casey’s of the world, smaller operators may not have hundreds or thousands of stores, so the impact of each move they make is amplified.
By Brett Dworski • Dec. 5, 2024 -
Couche-Tard playing a waiting game with Seven & i
In an interview with Nikkei Asia, the Canadian company’s chairman said it was not considering a hostile takeover in its bid for the largest global c-store retailer.
By Jessica Loder • Nov. 25, 2024 -
Love’s to sell all of its hotels by early 2025
The company determined this summer that it would offload the 19 properties by Q1 of next year to focus more on its c-stores, restaurants and truck care solutions, a spokesperson said.
By Brett Dworski • Nov. 19, 2024 -
Couche-Tard to acquire Hutch’s convenience stores
The 20-store deal — expected to close at the end of January — will mark the Canadian retailer's entrance into Oklahoma and Kansas, its 47th and 48th states of operation.
By Brett Dworski • Nov. 12, 2024 -
Column
3 Big Numbers: How Casey’s and other c-stores are expanding
The Iowa retailer recently closed one big acquisition and Nouria just announced another. Meanwhile, Murphy USA grows organically.
By Jessica Loder • Nov. 8, 2024 -
Paytronix acquired by The Access Group
The deal will expand the offerings available through Paytronix’s platform and help accelerate its growth, executives said.
By Jessica Loder • Nov. 1, 2024 -
SpartanNash to buy three convenience stores
The grocery retailer and wholesaler said it is also in the process of “refreshing” its existing 36-location c-store network, the company’s CIO said.
By Sam Silverstein • Nov. 1, 2024 -
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.
By Jessica Loder • Oct. 4, 2024 -
PepsiCo to acquire tortilla-chip maker Siete Foods for $1.2B
The acquisition expands on the New York company’s efforts to improve the healthiness of its snacking portfolio as consumers watch what they eat.
By Christopher Doering • Oct. 2, 2024 -
Stewart’s to buy 45-store chain
The acquisition of Jolley Associates will expand Stewart’s reach in Vermont and New York and introduce it to New Hampshire.
By Jessica Loder • Sept. 27, 2024 -
Column
3 big numbers: New c-store challengers and billions in beer
Legacy Markets burst onto the scene with big plans, Shelee’s built its first store and booze is still big business for c-stores.
By Jessica Loder , Brett Dworski • Sept. 20, 2024 -
6 c-store companies entering new states through M&A
Casey’s and FEMSA made massive moves to establish and expand their presence in the South.
By Jessica Loder • Sept. 19, 2024 -
Column
3 Big Numbers: C-store squatters, GetGo’s buyout and cheese
Alimentation Couche-Tard expanded on its reasons for buying GetGo, Blue Owl wants Gas Hub out and Casey’s makes literal tons of pizza.
By Jessica Loder • Sept. 13, 2024 -
Alimentation Couche-Tard, Seven & i publicly spar over buyout
The Canadian retailer said it wants to open talks to help refine its proposal, while the Japanese firm wants a better proposal before engaging.
By Jessica Loder • Sept. 10, 2024 -
Couche-Tard discusses strategy behind $1.6B GetGo acquisition
CEO Alex Miller referred to GetGo on Thursday as an “innovative, food-first” c-store experience that will bring expertise in foodservice and loyalty to Couche-Tard.
By Brett Dworski • Sept. 5, 2024 -
Casey’s boosts 3-year growth target to 500 stores
The retailer is on track to reach the original 350-site goal “nearly 18 months early” thanks to its upcoming CEFCO acquisition, said CEO Darren Rebelez.
By Jessica Loder • Sept. 5, 2024 -
True North acquires 15 c-stores in Wisconsin
This comes nearly three years after Brecksville, Ohio-based True North first entered Wisconsin, where the retailer now operates over 30 c-stores.
By Brett Dworski • Aug. 29, 2024 -
Why Texas has become the epicenter of c-stores in the US
Spurred by a fast-growing population and desirable building regulations, convenience retailers are flocking to the Lone Star State, experts say.
By Brett Dworski • Aug. 29, 2024 -
Texas c-store retailer acquires 17-location competitor
Fischer’s Neighborhood Market, which operates over 30 locations in south-central Texas, has agreed to acquire regional chain Mini Mart.
By Brett Dworski • Aug. 27, 2024 -
Column
Fueling Up: Couche-Tard is seizing the moment to dominate
Circle K’s parent company is on a mission to become the world’s largest c-store retailer, as evidenced by this week’s bid to acquire 7-Eleven and its deal to buy GetGo.
By Brett Dworski • Aug. 20, 2024 -
Examining the challenges — and likelihood — of Couche-Tard’s takeover of 7-Eleven
The Canadian retailer will undoubtedly face several hurdles in achieving what would be one of the biggest and most surprising M&A deals in recent memory, experts say.
By Brett Dworski • Aug. 20, 2024 -
Snickers owner Mars to buy Kellanova for $35.9B
The deal for the Cheez-It and Pringles maker is the biggest in the food space since the Kraft Heinz merger in 2015. It gives the gum and candy giant a dominant presence in savory snacks, where it currently has little exposure.
By Christopher Doering • Aug. 14, 2024 -
CrossAmerica increasing its retail focus
The firm converted 80 locations to company-owned sites as part of a plan to grow its c-store segment.
By Jessica Loder • Aug. 12, 2024 -
D&H United buys fellow fuel system services company
The deal for Missouri-based Show Me Petroleum Equipment is the company’s fifth acquisition in the past two years.
By Jessica Loder • Aug. 7, 2024 -
Casey’s to acquire CEFCO for $1.1B
The deal will add nearly 200 stores to the retailer’s footprint and introduce it to Florida, Alabama and Mississippi.
By Brett Dworski , Jessica Loder • July 26, 2024