Circle K

CrossAmerica Partners LP Announces Definitive Agreement to Acquire 106 Convenience Store Locations From 7-Eleven, Inc.

Retrieved on: 
Thursday, April 29, 2021
Retailers, Retailing, Companies, Alimentation Couche-Tard, 7-Eleven, Circle K, Mobil

The vast majority of the sites are currently operating under the Speedway brand, and all sites will be rebranded in connection with the closing.

Key Points: 
  • The vast majority of the sites are currently operating under the Speedway brand, and all sites will be rebranded in connection with the closing.
  • CrossAmerica expects to close on its acquisition of these sites on a rolling basis, beginning approximately sixty to ninety days after the closing of 7-Eleven\xe2\x80\x99s transaction with Marathon.
  • The Partnership presently expects the acquisition to be immediately accretive to distributable cash flow to limited partners.
  • CrossAmerica Partners LP ranks as one of ExxonMobil\xe2\x80\x99s largest distributors by fuel volume in the United States and in the top 10 for additional brands.

Magnit Launches its Own Delivery Service from Magnit Cosmetic Stores in Regions

Retrieved on: 
Tuesday, April 27, 2021
Retailing, Retailers, Business, Magnit, Distribution, Convenience stores, Convenience store, Brick and mortar, Delivery, CU, Circle K

Prices and discounts for the Internet service are identical to those in brick-and-mortar Chain stores.\n"In April, we started to roll out our own express delivery service of products from Magnit Convenience stores in regions, and now we are taking the delivery from Magnit Cosmetic stores beyond Krasnodar.

Key Points: 
  • Prices and discounts for the Internet service are identical to those in brick-and-mortar Chain stores.\n"In April, we started to roll out our own express delivery service of products from Magnit Convenience stores in regions, and now we are taking the delivery from Magnit Cosmetic stores beyond Krasnodar.
  • "\nIn total, Magnit currently runs seven online delivery projects, both independently and in cooperation with partners.
  • The average ticket of the Company\'s own delivery service is up to RUB 1,400, which is almost 3.8 times higher than in the convenience stores (RUB 372 in 1Q 2021).
  • During 2021, the Company plans to expand online delivery adding at least 1,500 convenience, drogerie and large-format stores in more than 50 regions across Russia.\n'

Kum & Go and WEX Announce Multi-Year Agreement

Retrieved on: 
Wednesday, April 21, 2021
Technology, Department Stores, Automotive, Supermarket, Rail, Maritime, Air, Transport, Photography, Software, Retail, VoIP, Networks, Mobile, Wireless, Data management, Supply chain management, Fleet management, Retailers, Kum & Go, West Des Moines, Iowa, Franchises, Convenience store, Retailing, Fuel card, Circle K, Wex, Convenience, Service companies, WEX, Kum & Go, WEX, KUM & GO

b"WEX (NYSE: WEX), a leading financial technology service provider, has signed a multi-year fuel card agreement with Kum & Go.

Key Points: 
  • b"WEX (NYSE: WEX), a leading financial technology service provider, has signed a multi-year fuel card agreement with Kum & Go.
  • 18 on CSP's (Convenience Store Products) list of Top 202 Convenience Store Chains of 2020 and is continuing a trend of rapid growth.
  • Through our partnership together we have developed what we believe to be a top tier fleet program,\xe2\x80\x9d says Ken Kleemeier, vice president of fuels, Kum & Go.
  • WEX operates in more than 10 countries and in more than 20 currencies through more than 5,200 associates around the world.

Growing Valvoline Instant Oil Change Franchisee Adding Over 60 Jobs in New England

Retrieved on: 
Wednesday, March 31, 2021
Companies, Valvoline, Franchising, Motor oil, Circle K, Retailers, Economy of the United States

BOSTON, March 31, 2021 /PRNewswire/ --Henley Enterprises Inc., the largest franchisee of Valvoline Instant Oil Change SM (VIOC), has announced plans to grow their retail locations throughout New England this year.

Key Points: 
  • BOSTON, March 31, 2021 /PRNewswire/ --Henley Enterprises Inc., the largest franchisee of Valvoline Instant Oil Change SM (VIOC), has announced plans to grow their retail locations throughout New England this year.
  • With traffic slowly getting back to normal and the new growth, Henley anticipates adding over 60 jobs to their communities throughout Boston, Manchester, and Providence.
  • 2 chain by number of stores in the United States under the Valvoline Instant Oil ChangeSM brand.
  • Founded in 1989, Henley Enterprises, Inc. is the largest Valvoline Instant Oil Change franchisee.

Circle K Becomes One Stop Shop for Customers to Get Energized This Spring

Retrieved on: 
Tuesday, March 30, 2021
Supermarket, Retail, Convenience store, Food, Beverage, Drinks, Food and drink, Liquids, Energy drinks, Red Bull, Alimentation Couche-Tard, V, Coffee, Circle K

View the full release here: https://www.businesswire.com/news/home/20210330005349/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210330005349/en/
    Whether customers need to fuel up, get some fresh food fast or are craving a quick energy boost, Circle K has their back.
  • Always looking for unique products for its customers, Circle K is proud to add another special flavor to their Red Bull repertoire at their locations across the country.
  • Currently, Red Bull makes up a large amount of Circle K energy drink offerings, and this exclusive new flavor further proves that we are a primary destination for all things energy.
  • Whether its a fresh ground cup of coffee or a Red Bull, Circle K Stores is here to provide their customers choices they want whether they are working from home, at the office or on the go.

Casey’s Announces Agreement to Acquire 49 Oklahoma Stores

Retrieved on: 
Monday, March 22, 2021
Retail, Convenience store, Food, Beverage, Retailers, Alimentation Couche-Tard, Ankeny, Iowa, Casey's, Retailing, Regions of the United States, Convenience store, Circle K, Skaggs family

Caseys General Stores, Inc. (Caseys or the Company) (NASDAQ: CASY), one of the leading convenience store chains in the United States, today announced an agreement to acquire 49 stores throughout Oklahoma from Circle K Stores Inc. in an all-cash transaction for $39 million.

Key Points: 
  • Caseys General Stores, Inc. (Caseys or the Company) (NASDAQ: CASY), one of the leading convenience store chains in the United States, today announced an agreement to acquire 49 stores throughout Oklahoma from Circle K Stores Inc. in an all-cash transaction for $39 million.
  • The transaction includes 46 leased properties and 3 owned properties and is expected to close in the fiscal quarter ended, July 31, 2021.
  • These stores will be supplied by the companys new distribution center in Joplin, MO.
  • Casey's General Stores is a Fortune 500 company operating over 2,200 convenience stores in 16 states.

Hyper Focus on Community Fuels Mac's Hospitality Group's Pandemic Success

Retrieved on: 
Friday, March 12, 2021
Alimentation Couche-Tard, Retailers, Mac, Circle K, Collar, Retailing, Service companies

The brand that started in a former transmission shop did a warp-speed pivot and went whole hog adapting to the surge of COVID-19.

Key Points: 
  • The brand that started in a former transmission shop did a warp-speed pivot and went whole hog adapting to the surge of COVID-19.
  • By March 2021, Mac's pandemic strategy had produced a smokin' 520% increase in take-out and delivery sales, plus a 30% growth in fans on social media audiences.
  • With out-of-pocket financial support and monetary donations from local companies and Mac's "regulars," they launched the Mac's Give Back Program.
  • With a selection of more than 300 different beers, everyone (white collar, blue collar or no collar) is welcome at Mac's.

ARKO Corp.’s GPM Investments to Acquire ExpressStop Stores in Michigan and Ohio

Retrieved on: 
Monday, March 8, 2021
Retailers, GPM Investments, Retailing, Arko, Circle K, Service companies

RICHMOND, Va., March 08, 2021 (GLOBE NEWSWIRE) -- GPM Investments, LLC , a wholly owned subsidiary of ARKO Corp. (Nasdaq: ARKO), signed an agreement to acquire 61 convenience stores with gas stations in Michigan and Ohio operating under the ExpressStop banner.

Key Points: 
  • RICHMOND, Va., March 08, 2021 (GLOBE NEWSWIRE) -- GPM Investments, LLC , a wholly owned subsidiary of ARKO Corp. (Nasdaq: ARKO), signed an agreement to acquire 61 convenience stores with gas stations in Michigan and Ohio operating under the ExpressStop banner.
  • This acquisition will complement GPMs existing 165 stores in Michigan and nine stores in Ohio.
  • Michigan and Ohio are important geographies for us, and we believe that ExpressStop is a highly regarded brand there.
  • Arko Corp. (Nasdaq: ARKO) owns 100% of GPM Investments, LLC (GPM).

Alimentation Couche-Tard to Release Its Third Quarter Results for Fiscal Year 2021 on March 17, 2021

Retrieved on: 
Thursday, March 4, 2021
Alimentation Couche-Tard, Retailers, S&P/TSX 60, Service companies, Retailing, Circle K, Toronto Stock Exchange, Richard Fortin

LAVAL, QC, March 4, 2021 /PRNewswire/ - Alimentation Couche-Tard Inc. ("Couche-Tard" or the "Corporation") (TSX: ATD.A) (TSX:ATD.B) will release its financial results for the third quarter of its fiscal year 2021 on Wednesday, March 17, 2021, after the closing of the TSX.

Key Points: 
  • LAVAL, QC, March 4, 2021 /PRNewswire/ - Alimentation Couche-Tard Inc. ("Couche-Tard" or the "Corporation") (TSX: ATD.A) (TSX:ATD.B) will release its financial results for the third quarter of its fiscal year 2021 on Wednesday, March 17, 2021, after the closing of the TSX.
  • CoucheTard will hold a conference call on Thursday, March 18, 2021, at 8:00A.M.
  • (EDT) to present its financial results for the third quarter of its fiscal year 2021.
  • As such, BrianHannasch, President and Chief Executive Officer, as well as Claude Tessier, Chief Financial Officer, will be the speakers and will answer questions from analysts.

Koios Expands Texas Presence with Upcoming Placements in Select Stores of Drug Emporium, a Pharmacy Chain in TX, AR, LA

Retrieved on: 
Wednesday, March 3, 2021
Retailing, Retailers, Drug Emporium, Service companies, Emporium, Circle K, Skaggs family

This month, the Companys KOIOS and Fit Soda beverage products will be placed in select Texas locations of Drug Emporium, complementing existing placements of the Companys products in the state of Texas, including in more than 100 HEB supermarkets.

Key Points: 
  • This month, the Companys KOIOS and Fit Soda beverage products will be placed in select Texas locations of Drug Emporium, complementing existing placements of the Companys products in the state of Texas, including in more than 100 HEB supermarkets.
  • In late 2020, the Company announced that its Fit Soda functional beverage product is now carried in more than 100 HEB supermarkets in Texas .
  • Drug Emporium was originally founded in 1977 in Columbus, Ohio, and in the late 1990s had more than 140 company-owned stores under the banners Drug Emporium, F&M Super Drug Stores, and Vix Drug Stores, in addition to 50 franchised stores.
  • We look forward to seeing how KOIOS performs in Drug Emporium stores as we seek to make 2021 our most prosperous year yet.