Category: Business

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 […]

Dive Brief: Although BP provided few updates on its U.S. retail business during its earnings call Tuesday, the company is “particularly excited” about its progress in America, noting its Thorntons c-store arm delivered a record convenience gross margin last year, CEO Bernard Looney said. Louisville, Kentucky-based Thorntons opened four new c-stores in 2022 — in […]

Dive Brief: C-store retailer Parker’s recently redesigned its website to incorporate more interactive elements, according to a Friday press release. Live fuel pricing has been added to the site for all of Parker’s locations, along with a list of the amenities available at each location as well. Other changes to the retailer’s website include a more modern […]

Dive Brief: Circle K has joined the latest Series B funding round — worth $15 million — for vehicle payment solution company Car IQ, bringing the technology vendor’s fundraising total to $42 million, according to a Tuesday announcement.  The new funds will be used to grow Car IQ’s payment platform to meet demand and add […]

Most of us want to be superstars at our job – but it’s not always clear where to start. To succeed in the workplace, we need to become intrinsically motivated by our work. You can improve your overall performance and work satisfaction by identifying tasks that you perceive as boring or uninteresting in your day-to-day […]

As c-store operators look to the year ahead, what do they see? No doubt many see an ongoing challenge in convincing price-conscious consumers to come into their stores to buy snacks, drinks and meals. Although inflation has been slowing down recently, the cumulative effect of so many months of paying high prices has pushed shoppers […]

Few, if any, successful businesspeople operate in their nation. International trade is almost always associated with big businesses; however, it can present several challenges in terms of rules, taxes, and boundaries. This is why dual citizenship is the easiest way out. Copyright:  on Unsplash I License: CC0 Public Domain A second passport gives you access […]

Faced with inflationary pressures, climbing interest rates, and continuing geopolitical tensions, IT leaders are in the position of having to navigate through a year of cost constraints and economic uncertainty. They will approach 2023 with caution and look for ways to do more with less to improve efficiency and reduce costs. Here are six cost-saving […]

Electric vehicles are becoming more prevalent on U.S. roadways, and that’s pushed many convenience store operators to consider adding chargers, if they haven’t already begun the process.  EV chargers allow c-stores to expand their role as fueling stops, and the amount of time that even direct-current fast chargers — the sort of EV chargers that […]