Category: Business

Dive Brief: Convenience store retailer FavTrip will open a new location Thursday, its third overall and first built from the ground up, according to an emailed announcement. Located in Grandview, Missouri — about 17 miles south of downtown Kansas City — the store features a drive thru, walk-up window and delivery operations in addition to […]

Dive Brief: The Wills Group — owner of Dash In Food Stores — has appointed Lenny Comma, former CEO of Jack in the Box, to its board of directors, according to a recent announcement. This isn’t Comma’s first foray into the c-store industry. He began his career with ExxonMobil, where he worked across the company’s […]

Dive Brief: Shell’s board of directors is being sued by one of its investors “for failing to manage the material and foreseeable risks posed to the company by climate change,” according to a Thursday announcement. The lawsuit, filed by environmental law nonprofit ClientEarth, alleges Shell’s directors failed to create and implement an energy transition strategy […]

Dive Brief: Amazon will expand its suburban Go c-store concept by opening a new location in Frederickson, Washington, according to an emailed statement. The store will be Amazon’s second suburban Go location in Washington. The first — marking the debut of Amazon’s suburban Go format — opened in Mill Creek, Washington last January. The retailer’s […]

Dive Brief: A bill introduced to the Illinois General Assembly would require gas stations, grocery stores, banks and pawn shops in portions of the state to have at least one security guard on location whenever they’re open, according to its proposal letter. If passed, the bill would apply to those businesses in municipalities with more […]

Dive Brief: 7-Eleven has agreed to pay a settlement of $91 million to a Chicago-area resident who lost both of his legs after being struck by a vehicle outside a 7-Eleven store in September 2017, according to an announcement from the law firms involved in the case. Lawyers found that over 6,200 storefront crashes had […]

Dive Brief: Lula Convenience, a c-store delivery management company, is joining forces with payments and merchandising company Gilbarco Veeder-Root to connect inventory management and delivery fulfillment for c-stores, according to a Tuesday press release. Lula’s goal is to simplify e-commerce for retailers by aggregating orders from across popular delivery apps like Doordash and Grubhub into one […]

Dive Brief: C-store retailer Kwik Stop has selected LED display manufacturer Watchfire to update outdoor signage at its 27 locations, with 23 of the stores already having new signs in place, according to a Tuesday press release. The new double-faced 4-by-6-foot 10mm digital signs give the stores much more flexibility, replacing letter boards that were […]

PepsiCo has a “huge runway” to grow its multi-billion dollar snacking empire, despite owning a portfolio that includes decades-old favorites such as Doritos, Fritos and Cheetos among its best-selling offerings, a top executive said. Parth Raval, chief growth officer for PepsiCo Foods North America, said the Texas-based division continues to “experiment and think about different” […]

Mergers and buyouts are nothing new for the convenience store space. In the last two months alone, eight multi-store acquisitions have made headlines, including multiple deals by Majors Management and 7E Holdings buying out Chisholm Corner. “It’s highly acquisitional, in part because it’s so fragmented, “ said Yael Mohan, partner at Bain & Company, a management […]