Tag

Convenience Stores

All articles tagged with #convenience stores

business16 hours ago•3 min saved

Toshifumi Suzuki, Architect of Japan’s 7-Eleven Empire, Dies at 93

Toshifumi Suzuki, who built the Japanese unit of 7-Eleven into a global convenience‑store empire, died in Tokyo at 93 from heart failure. As CEO of 7-Eleven Japan from 1978, he expanded the chain to more than 80,000 stores worldwide, oversaw acquisitions like Barney’s Japan in 2015 and added banking services, and helped Seven & i Holdings broaden its reach by absorbing Sogo and Seibu; a 2024 takeover bid by Couche‑Tard was abandoned. Funeral services were private; he is survived by his wife and two children.

via PBS|

#7-eleven #business #conbini

business13 days ago•3 min saved

Gas-price surge drags down U.S. beer sales, Nielsen data indicate

U.S. beer volumes fell 6.3% year over year through the week ending May 2 as higher gasoline prices weigh on discretionary spending, with California posting the steepest declines and convenience-store channels hit hardest; the weakness is spreading across beverages and signaling broader consumer pressure, while major brewers show mixed results (Michelob Ultra stable, Bud Light/Budweiser down) and Constellation Brands gains share.

via CNBC|

#beer-sales #business #consumer-spending

business1 month ago•2 min saved

Yesway debuts on Nasdaq, using burritos to win market share from fast-food rivals

Yesway, owner of Allsup’s, began trading on Nasdaq under YSWY after a $280 million IPO priced at $20 a share (valuing the company at about $1.21 billion); shares opened at $22. CEO Tom Trkla said burrito-focused Allsup’s sales are helping Yesway gain market share from fast-food chains, with roughly two-thirds of revenue from fuel and the rest from merchandise; the combined chain operates 448 locations as of end-2025, signaling a broader shift as convenience-store food offerings compete with traditional quick-service restaurants.

via CNBC|

#allsups #business #convenience-stores

holidays5 months ago•1 min saved

Christmas 2025 Store Hours: Which Retailers Are Open or Closed

Many convenience stores and drugstores will be open on Christmas Day 2025, with most grocery stores closed or operating with reduced hours. Notable exceptions include 7-Eleven, Circle K, and Wawa, which are mostly open 24 hours, while pharmacies like CVS and Walgreens will have limited hours or be closed in some locations. It's advised to check specific store websites for exact hours and availability.

via Axios|

#christmas-2025 #convenience-stores #drugstores

business8 months ago•3 min saved

Japanese Konbini Model to Transform US Convenience Stores

Japan's highly integrated and service-oriented Konbini convenience stores are expanding to the U.S., bringing a model that offers not just food but a wide range of services, though it remains to be seen how well it will resonate with American consumers.

via NPR|

#7-eleven #business #convenience-stores

business8 months ago•1 min saved

RaceTrac Acquires Potbelly for $566 Million in Strategic Expansion

RaceTrac, a convenience store operator, is acquiring sandwich chain Potbelly for $566 million, marking a rare move for a convenience store company to buy a restaurant brand outright, with the deal representing a 47% premium and potentially inspiring other convenience stores to consider restaurant acquisitions.

via Yahoo Finance|

#acquisition #business #convenience-stores

business11 months ago•1 min saved

Virginia's First Buc-ee's Opens with Texas-Sized Convenience in Rockingham County

Virginia's first Buc-ee's store opened in Rockingham County, offering a massive 74,000 sq ft of shopping, food, and gas services, attracting long lines and featuring the brand's signature clean bathrooms and wide product selection. A second location is planned near Richmond, with another possible near Stafford.

via The Burn|

#buc-ees #business #convenience-stores

business11 months ago•8 min saved

Buc-ee's Expands Its Reach with New Store Openings and Community Impact

Buc-ee's, a Texas-based mega convenience store chain known for its large size, unique offerings, and devoted fan base, has expanded beyond Texas with its first store in Mississippi, drawing huge crowds and enthusiastic loyalty, despite some environmental and community concerns.

via The New York Times|

#buc-ees #business #convenience-stores

business2 years ago•2 min saved

Wawa Breaks Ground on First Kentucky Stores

Wawa, the popular Pennsylvania-based convenience store chain, is expanding into Kentucky with groundbreaking ceremonies for new stores in Nicholasville and Louisville. The company plans to open 160 stores across Ohio, Kentucky, and Indiana over the next 8-10 years, with 40 of those in Kentucky. The first stores are expected to open by mid-2025.

via KSR|

#business #convenience-stores #expansion

business2 years ago•1 min saved

"Kwik Trip to Stop Selling Bagged Milk in May After 40 Years"

Kwik Trip convenience stores will stop selling bagged milk in May due to decreased customer demand and the need for costly new equipment. The decision comes after more than 40 years of bottling and bagging milk, with the company noting a decline in demand for this product, which is mainly popular in the Midwest and Canada. Kwik Trip aims to focus on items that better align with customer preferences.

via Star Tribune|

#bagged-milk #business #convenience-stores

business2 years ago•1 min saved

"Amazon's Whole Foods Introduces Urban Mini-Stores in NYC Expansion"

Whole Foods, owned by Amazon, is set to introduce smaller convenience-store-sized locations called Whole Foods Market Daily Shop, starting with a location on the Upper East Side of New York City. These smaller stores will focus on takeout meals, prepared foods, seasonal produce, meat, seafood, breads, booze, and supplements. The move comes as part of the ongoing grocery wars, with competitors like Walmart and Wegmans expanding their reach in the city. This initiative follows a successful pilot of a similar concept in 2019, and is part of Whole Foods' nationwide expansion since being acquired by Amazon in 2017.

via Eater NY|

#amazon #business #convenience-stores

business2 years ago•2 min saved

"7-Eleven's $1 Billion Acquisition of 204 Sunoco Stores and C-Stores"

7-Eleven Inc. is set to acquire 204 Stripes convenience stores and Laredo Taco Company restaurants from Sunoco LP for approximately $1 billion, expanding its presence across West Texas, New Mexico, and Oklahoma. This acquisition will add to 7-Eleven's existing portfolio of over 13,000 stores in the United States and Canada. The transaction is expected to close after meeting regulatory requirements, and Sunoco plans to use the proceeds to reduce leverage and pursue future growth opportunities. With this deal, 7-Eleven will own and operate all Stripes and Laredo Taco Company locations nationwide.

via CSPDailyNews.com|

#7-eleven #acquisition #business

business2 years ago•1 min saved

Maverik to Rebrand Stores After Acquisition of Kum & Go

Maverik, the chain of convenience stores, is reportedly planning to drop the Kum & Go name and replace it with the Maverik name after acquiring Kum & Go and its 400 stores last year. The rebranding is expected to take place sometime in 2025, although Maverik has not confirmed this yet.

via KCCI Des Moines|

#acquisition #business #convenience-stores

business2 years ago•2 min saved

Christmas Eve and Christmas 2023 Store Hours: Open and Closed Stores Revealed

Many major stores in the U.S. have adjusted hours or early closures on Christmas Eve, with Walmart closing at 6 p.m., Target open from 7 a.m. to 8 p.m., and Costco open from 8:30 a.m. to 5 p.m. CVS and Walgreens will have normal hours, but some locations may have reduced hours or closures. Starbucks and Kroger hours may vary, while Albertsons, Aldi, Harris Teeter, Home Depot, IKEA, Jewel-Osco, Lowe's, Macy's, Meijer, Publix, Rite Aid, Safeway, Sam's Club, Sheetz, Sprouts Farmer's Market, Trader Joe's, Whole Foods, and 7-Eleven will have adjusted hours on Christmas Eve.

via The Associated Press|

#business #christmas-eve #convenience-stores

business2 years ago•2 min saved

"Wawa Expands with 60 New Stores in Ohio"

Wawa, the Pennsylvania-based gas station and convenience store chain, plans to open 60 stores in Ohio over the next decade, starting in Cincinnati and Dayton markets. The company will invest $420 million into the stores and create over 2,000 jobs statewide. Wawa aims to fill a void in Ohio for 24/7 fresh, customizable, made-to-order food. Groundbreakings will begin in mid-2024, with the first store openings projected for January 2025. Wawa has already secured 16 sites in various counties, and the company plans to open up to 10 locations in 2025, 10 in 2026, and five each year after that. Along with the expansion, Wawa's nonprofit foundation will partner with local organizations, including the Cincinnati Red Cross and Cincinnati Children's Hospital Medical Center.

via The Cincinnati Enquirer|

#business #convenience-stores #expansion