The Latest
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Foxtrot’s assets sold for $2.2M in what one attendee called a ‘completely ramrodded’ auction
The virtual sale on Friday seemed to leave people with more questions than answers after organizer JPMorgan Chase didn’t describe the lot for sale and only entertained one bid.
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Gilbarco debuts EV charging infrastructure for c-stores
The new platform offers site selection assistance and EV funding options, as well as charging hardware and software.
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Buc-ee’s eyeing first location in Kansas
The popular retailer has applied to build a travel center near the Kansas Speedway, the company’s general counsel confirmed.
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7-Eleven testing new financial services in stores
The retailer will add terminals to 3,000 Speedway locations and test services like cryptocurrency purchases with ATM solution provider FCTI.
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5 notable c-store executive changes from April
One of the nation’s largest fuel and tobacco retailers naming a new president topped last month’s list of noteworthy job moves.
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Freewire Technologies on the verge of terminating operations
The EV charging supplier, which works with Chevron, Phillips 66 and other c-store retailers, is seeking funding amid financial challenges.
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Mountain Express’ former CFO testifies that leadership siphoned funds
The court also spoke with the counsel for a Mountain Express subsidiary, who said its CEOs may have funneled more than $14 million from the company.
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Irving Oil former president dies at 93
Arthur Irving was responsible for turning his family’s company into one of Canada’s leading oil firms after assuming leadership in 1972.
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Delek looking to ‘unlock the value’ in its retail business
The gas, logistics and retail company has hired an investment bank to review ways to maximize shareholder value.
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Arko converting ‘a meaningful number’ of c-stores to dealer locations, CEO says
The convenience retailer is moving underperforming company-owned sites to its wholesale segment in order to reduce operating costs.
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Foxtrot’s assets to be sold this week
Friday’s foreclosure sale will include “substantially all of the assets” of the c-store retailer, including inventory, intellectual property, documents and more.
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Deep Dive
‘Epic failure:’ Inside the rise and fall of Mountain Express Oil
The Georgia retailer was growing fast until it went bankrupt and terminated operations. Several former employees say leadership’s financial mishandlings and dysfunctional culture caused its demise.
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Oak Street exec accused of ‘wrongful conduct’ in Mountain Express case
The bankruptcy trustee has demanded that Jared Sheiker — Oak Street’s principal and chief of staff — as well as Lamar Frady and Turjo Wadud pay a “minimum of $250 million in damages.”
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The Ozempic effect is real: Study zeroes in on GLP-1 users’ food needs
Companies have an opportunity to jump on the snacking needs of this new demographic with products focused on protein, portion size and hydration.
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Alimentation Couche-Tard makes EV chargers easier to access
The partnership allows customers to use ChargeHub’s Passport Hub to charge at the convenience retailer’s stores.
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Del Monte Foods boosts production, distribution of fast-growing bubble tea brand
Joyba's success comes amid broader momentum in the global bubble tea market, with sales projected to nearly triple to $6.2 billion by 2032.
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7-Eleven names several new directors
Four individuals said they have moved into new roles across the company’s private label, sourcing and project management teams, according to social media posts.
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The Store to cease operations in July
Team Schierl sold its sites to Mountain Express in 2022, but now the new owner is ending the current operational agreement.
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4 candy trends for c-stores to watch right now
While many customers want their indulgences to be functional, others are focused on nostalgic favorites or innovations from small producers, experts say.
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Parkland USA is underperforming, leadership says
The company’s CFO said on Thursday that its U.S. division had a positive quarter in terms of EBITDA but is “behind where we want to be.”
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How mascots can make a c-store’s brand more memorable
An engaging mascot can give retailers a boost in social media, live events, customer engagement and more, experts say.
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Back to Basics: What builds a good snacking menu?
Consumers’ demand for specific snack items depends on their mood, time of day and ease of travel, experts said, opening up an array of traffic-boosting innovation opportunities.
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TravelCenters of America brings on AtoB’s fleet fuel cards
Drivers who have the card can receive a fuel discount of 42 cents per gallon every time they fill up.
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How much did c-store CEOs make in 2023?
Executives from some of the top publicly traded c-store retailers saw major jumps in their total earnings, while others experienced slight declines.
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Column
Campaign Trail: Sheetz encourages fans to unleash their inner Freakz
Consumer ids come to life as red plushies in ads from the c-store retailer that marry value propositions and human truths.