Alimentation Couche-Tard

Alimentation Couche-Tard Inc. Announces Election of Directors

Thursday, September 17, 2020 - 2:16am

In the United States, it is the largest independent convenience store operator in terms of the number of company-operated stores.

Key Points: 
  • In the United States, it is the largest independent convenience store operator in terms of the number of company-operated stores.
  • For more information on Alimentation Couche-Tard Inc. or to consult its quarterly Consolidated Financial Statements and Management Discussion and Analysis, please visit: https://corpo.couchetard.com .
  • Positive or negative verbs such as "believe", "can", "shall", "intend", "expect", "estimate", "assume" and other related expressions are used to identify such statements.
  • The forward-looking information in this release is based on information available as of the date of the release.

Alimentation Couche-Tard to Release its First Quarter Results for Fiscal Year 2021 on September 1st, 2020

Wednesday, August 19, 2020 - 11:46pm

LAVAL, QC, Aug. 18, 2020 /PRNewswire/ - Alimentation Couche-Tard Inc. ("Couche-Tard" or the "Corporation") (TSX: ATD.A) (TSX:ATD.B) will release its financial results for the first quarter of its fiscal year 2021 on Tuesday, September 1st, 2020, after the closing of the TSX.

Key Points: 
  • LAVAL, QC, Aug. 18, 2020 /PRNewswire/ - Alimentation Couche-Tard Inc. ("Couche-Tard" or the "Corporation") (TSX: ATD.A) (TSX:ATD.B) will release its financial results for the first quarter of its fiscal year 2021 on Tuesday, September 1st, 2020, after the closing of the TSX.
  • CoucheTard will hold a conference call on Wednesday, September 2nd, 2020, at 8:00A.M.
  • (EDT) to present its financial results for the first quarter of its fiscal year 2021.
  • Financial analysts, investors, media and any individuals interested in listening to the webcast on Couche-Tard's results, which will take place online on Wednesday, September 2nd, 2020, at 8:00A.M.

Standard to Provide Circle K with Autonomous Checkout

Tuesday, August 11, 2020 - 4:00pm

SAN FRANCISCO and TEMPE, Ariz., Aug. 11, 2020 (GLOBE NEWSWIRE) -- Standard (Standard Cognition), which provides the only autonomous checkout solution that can be quickly and easily installed in existing stores, today announced that Alimentation Couche-Tard, a Fortune Global 500 company that operates close to 14,500 convenience stores worldwide, including under the global brand Circle K (Circle K), has selected Standard to pilot touchless, autonomous checkout technology for its stores.

Key Points: 
  • SAN FRANCISCO and TEMPE, Ariz., Aug. 11, 2020 (GLOBE NEWSWIRE) -- Standard (Standard Cognition), which provides the only autonomous checkout solution that can be quickly and easily installed in existing stores, today announced that Alimentation Couche-Tard, a Fortune Global 500 company that operates close to 14,500 convenience stores worldwide, including under the global brand Circle K (Circle K), has selected Standard to pilot touchless, autonomous checkout technology for its stores.
  • This Arizona store will mark the first-ever retrofit of an existing convenience store with autonomous checkout technology.
  • We believe convenience stores will be the first major market to quickly adopt autonomous checkout, said Jordan Fisher, Co-Founder and CEO of Standard.
  • Through its insights, Standard will help Circle K design user experiences that balance operational efficiency, shopper satisfaction and financial optimization.

United Pacific Closes on 95 Store Acquisition

Thursday, July 30, 2020 - 6:00pm

United Pacific, a leading convenience store and gas station operator based in California, announced that it has acquired 95 gas station and convenience store assets from Platinum Energy and its related entities.

Key Points: 
  • United Pacific, a leading convenience store and gas station operator based in California, announced that it has acquired 95 gas station and convenience store assets from Platinum Energy and its related entities.
  • In addition to gas stations and convenience stores, United Pacific also acquired three full-service car washes and one quick service food location.
  • With this acquisition, United Pacifics network will now expand to 509 locations, including 453 company-operated stores and 56 fee-operated locations.
  • United Pacific offers motor fuels products under the 76, Conoco, Phillips 66, Shell and United Oil flags and convenience items through the We Got It!

TransAct Secures BOHA! Solutions Order for Regional Convenience Store Operator

Tuesday, July 21, 2020 - 1:00pm

agreement with one of the largest regional convenience store operators.

Key Points: 
  • agreement with one of the largest regional convenience store operators.
  • We are thrilled to be working with this convenience store operator as they begin to implement our BOHA!
  • solutions in their most important fresh food market concept, said Bart C. Shuldman, Chairman and CEO of TransAct Technologies.
  • This regional convenience store operator is also testing our core BOHA!

Alimentation Couche-Tard Inc. and CrossAmerica Partners LP Agree to Pay $3.5 Million Civil Penalty to Settle FTC Allegations that they Violated 2018 Order

Monday, July 6, 2020 - 10:00pm

Retail fuel station and convenience store operatorAlimentation Couche-Tard Inc. (ACT) and its former affiliate, CrossAmerica Partners LP (CAPL), have agreed to pay a $3.5 million civil penalty to the FTC to settle allegationsthat they violated a 2018 order requiring divestitures of 10 retail fuel stations in Minnesota and Wisconsin to Commission-approved buyers no later than June 15, 2018.

Key Points: 
  • Retail fuel station and convenience store operatorAlimentation Couche-Tard Inc. (ACT) and its former affiliate, CrossAmerica Partners LP (CAPL), have agreed to pay a $3.5 million civil penalty to the FTC to settle allegationsthat they violated a 2018 order requiring divestitures of 10 retail fuel stations in Minnesota and Wisconsin to Commission-approved buyers no later than June 15, 2018.
  • The 2018 order settled FTC charges that ACTs and CAPLs acquisition from Holiday Companies of approximately 380 retail fuel stations with attached convenience stores in 10 states was anticompetitive because it would have increased the risk of both unilateral and coordinated anticompetitive effects in 10 local retail fuel markets.
  • The FTC alleges that ACT and CAPL violated the 2018 order by:

    The Commission votes to authorize the staff to file the civil penalty complaint and to approve the proposed judgment, and to issue a Commission Statement were both 5-0.The FTC filed the complaint and proposed judgment in U.S. District Court for the District of Columbia.

  • Judgments have the force of law when approved and signed by the District Court judge.

Alimentation Couche-Tard Inc. and CrossAmerica Partners LP Agree to Pay $3.5 Million Civil Penalty to Settle FTC Allegations that they Violated 2018 Order

Monday, July 6, 2020 - 10:00pm

Retail fuel station and convenience store operatorAlimentation Couche-Tard Inc. (ACT) and its former affiliate, CrossAmerica Partners LP (CAPL), have agreed to pay a $3.5 million civil penalty to the FTC to settle allegationsthat they violated a 2018 order requiring divestitures of 10 retail fuel stations in Minnesota and Wisconsin to Commission-approved buyers no later than June 15, 2018.

Key Points: 
  • Retail fuel station and convenience store operatorAlimentation Couche-Tard Inc. (ACT) and its former affiliate, CrossAmerica Partners LP (CAPL), have agreed to pay a $3.5 million civil penalty to the FTC to settle allegationsthat they violated a 2018 order requiring divestitures of 10 retail fuel stations in Minnesota and Wisconsin to Commission-approved buyers no later than June 15, 2018.
  • The 2018 order settled FTC charges that ACTs and CAPLs acquisition from Holiday Companies of approximately 380 retail fuel stations with attached convenience stores in 10 states was anticompetitive because it would have increased the risk of both unilateral and coordinated anticompetitive effects in 10 local retail fuel markets.
  • The FTC alleges that ACT and CAPL violated the 2018 order by:

    The Commission votes to authorize the staff to file the civil penalty complaint and to approve the proposed judgment, and to issue a Commission Statement were both 5-0.The FTC filed the complaint and proposed judgment in U.S. District Court for the District of Columbia.

  • Judgments have the force of law when approved and signed by the District Court judge.

Enthusiast Gaming’s Esports Team, The Vancouver Titans, Announce New Partnership Elements with Circle K

Thursday, June 25, 2020 - 12:30pm

The partnership will feature new fan engagement activations in addition to elements already familiar to Titans fans.

Key Points: 
  • The partnership will feature new fan engagement activations in addition to elements already familiar to Titans fans.
  • Circle K will be prominently displayed on player jerseys, consistent with the official apparel worn at the 2019 Overwatch League Grand Finals.
  • Fans can collect six different cups which will be available this summer in Circle Ks stores across Western Canada.
  • Circle K has done a great job of that by truly engaging our community and fans and it has paid off.

Parkland completes acquisition of ConoMart Super Stores

Wednesday, May 13, 2020 - 10:00pm

CALGARY, Alberta, May 13, 2020 (GLOBE NEWSWIRE) -- Parkland Fuel Corporation (Parkland, We, Our or Us) (TSX:PKI) announced today that through its wholly-owned U.S. subsidiaries (collectively, "Parkland USA"), it has completed the previously announced asset agreement to acquire ConoMart Super Stores.

Key Points: 
  • CALGARY, Alberta, May 13, 2020 (GLOBE NEWSWIRE) -- Parkland Fuel Corporation (Parkland, We, Our or Us) (TSX:PKI) announced today that through its wholly-owned U.S. subsidiaries (collectively, "Parkland USA"), it has completed the previously announced asset agreement to acquire ConoMart Super Stores.
  • ConoMart Super Stores operates seven retail sites located in and around Billings, Montana.
  • Parkland is an independent supplier and marketer of fuel and petroleum products and a leading convenience store operator.
  • Parkland services customers across Canada, the United States, the Caribbean region and the Americas through three channels: Retail, Commercial and Wholesale.

CrossAmerica Partners LP Announces the Closing of its Acquisition of Retail and Wholesale Assets

Tuesday, April 14, 2020 - 9:30pm

Allentown, PA April 14, 2020 CrossAmerica Partners LP (NYSE: CAPL) (CrossAmerica or the Partnership), a leading wholesale fuels distributor and owner and lessor of real estate used in the retail distribution of motor fuels, today announced the closing of its acquisition of retail and wholesale assets that was originally announced on January 15, 2020.

Key Points: 
  • Allentown, PA April 14, 2020 CrossAmerica Partners LP (NYSE: CAPL) (CrossAmerica or the Partnership), a leading wholesale fuels distributor and owner and lessor of real estate used in the retail distribution of motor fuels, today announced the closing of its acquisition of retail and wholesale assets that was originally announced on January 15, 2020.
  • The transaction was approved by the independent Conflicts Committee of the board of directors of CrossAmericas general partner.
  • CrossAmerica will be filing a Form 8-K with the Securities and Exchange Commission providing additional details of the acquisition.
  • CrossAmerica Partners LP ranks as one of ExxonMobils largest distributors by fuel volume in the United States and in the top 10 for additional brands.