Category: Business

Dive Brief: Foodservice solutions firm Middleby Corporation has acquired Marco Beverage Systems, a designer and manufacturer of beverage dispensing products, according to a Tuesday press release. The tie-up will bring Marco’s array of coffee and water dispensing products into Middleby’s broad lineup of commercial and residential food preparation items for use in c-stores, restaurants and […]

Dive Brief: Convenience store retailer and fuel distributor Majors Management has acquired all 13 Maritime Farms c-stores from full-service energy company Maritime Energy, according to a Wednesday announcement. The acquisition expands Majors into Maine, the company’s 18th state of operation, according to the announcement. This marks the fourth acquisition since early November for Majors, which […]

Dive Brief: The amount of money customers spent on foodservice items rose 8% in the three months ending in November compared to the same period a year ago, according to a Tuesday report by The NPD Group. The number of trips to c-stores for food and drinks also rose, increasing 2% year over year during […]

Back to Basics is a monthly series that outlines how c-store operators can get valuable new services up and running. Loyalty programs are quickly becoming one of the core staples of convenience stores, as c-store loyalty members spend about 38% more on average than non c-store loyalty members, according to customer experience vendor Paytronix. Additionally, […]

Dive Brief: Circle K parent company Alimentation Couche-Tard has named Alex Miller its chief operating officer, effective Jan. 2, 2023, according to a Tuesday announcement. As COO, Miller will be responsible for translating Couche-Tard’s strategic vision into action to drive revenue and operating efficiency while keeping expenses down, according to the announcement. Miller is Couche–Tard’s […]

Yams are the fifth most widely harvested crop in Nigeria, and one of the most expensive to produce; the planting and harvesting processes require significant labor input, yam seeds are expensive, and the supply of seed is limited. “It is not easy to see and it is too expensive to plant, it is not everybody […]

Nigeria faces aviation fuel shortage crisis 27.07.2022 – 19:05 UTC The Airline Operators of Nigeria (AON) association has warned of significant disruptions to flight schedules at all airports across the country, given a worsening jet fuel crisis. On July 22, the AON issued a statement warning of cancellations and flight delays across all airports, citing […]

Dive Brief: 7E Co. Holdings, a division of Monfort Companies, has acquired the 19-location Chisholm Corner c-store chain, according to an emailed press release Monday.  7E’s portfolio includes locations with an array of convenience store brand names, including 7-Eleven, Speedway, Jack’s and Monfort Express.  This latest acquisition extends 7E’s presence into Oklahoma and boosts its […]

Circle K had already been delivery partners with DoorDash for two years when its parent company, Alimentation Couche-Tard, announced in April it was leading a $25 million funding round for San Francisco-based Food Rocket, another — but much smaller — ultrafast delivery startup. Both companies let it be known at the time that as part of […]

Dive Brief: Jim Summers, former senior vice president of franchise operations for 7-Eleven, has been named president and chief operating officer for c-store franchisee and fuel wholesale supplier Chaudhary Petroleum Group (CPG), according to an emailed announcement. In his new role, Summers will establish standard operating procedures and systems to improve CPG’s business and help […]