“I am pleased to announce that our results are on the rise,” says CEO of Couche-Tard. For its first quarter of fiscal 2012, Alimentation Couche-Tard Inc. announced net earnings of $139.5 million, up $12.6 million or 9.9% from the comparable period of last fiscal year. The increase is mainly attributable to the drop in financial…
NCR Welcomes Kingsfield
“Scott’s proven track record driving profitable growth through world-class indirect sales channels advancing a portfolio of innovative retail solutions is the perfect complement to NCR’s core business and broad distribution,” says NCR’s EVP. NCR Corp. has appointed Scott Kingsfield as senior vice president and general manager of its Retail Line of Business, reporting to…
NCR to Acquire Radiant Systems Inc.
“This acquisition will enable our companies to accelerate expansion through the powerful combination of each other’s strengths and NCR’s track record of driving transformational change,” says NCR’s chairman and CEO. Duluth, Ga.-based NCR Corp. and Radiant Systems Inc. have announced a definitive agreement for NCR to acquire Radiant Systems, a provider of multichannel point-of-sale (POS)…
Couche-Tard Buys 322 Sites
Purchase allows Circle K stores to expand in the Southern California market. Alimentation Couche-Tard Inc. is increasing its footprint in Southern California by acquiring up to 322 convenience-store sites plus an additional 65-reseller contracts from ExxonMobil Corp., the Wall Street Journal reported. While the purchase price was not disclosed, Couche-Tard said it plans to pay…
Core-Mark To Acquire Forrest City Grocery
“We believe that Core-Mark will provide the platform for the Forrest City team to continue to grow and expand,” says Core-Mark CEO. Core-Mark Holding Co. Inc., a marketer of fresh and broad-line supply solutions to the convenience retail industry in North America, has signed a definitive agreement to acquire Forrest City Grocery Co. (FCGC), for…
MotoMart Acquires Two QuikTrip Stores
“Those two stores no longer suited our long-term needs,” QuikTrip Spokesperson says. QuikTrip stores in O’Fallon, Ill., and Cahokia, Ill., are set to be converted to MotoMart gas stations and convenience stores, which are owned by Belleville, Ill.-based FKG Oil Co., the Belleville News-Democrat reported. QuikTrip Spokesperson Mike Thornbrugh told the Belleville News-Democrat that while…
Kum & Go Buys Two JC’s Corner Stores
Kum & Go has signed a deal to acquire two JC’s Corner Stores in central Iowa by the end of January, the Des Moines Register reported. The West Des Moines-based convenience store chain plans to renovate and rebrand the newly acquired stores—located at the corner of 35th Street and E.P. True Parkway in West Des…
Getty Acquires 59 Properties
Getty Realty Corp. has completed the acquisition of 59 Mobil branded gasoline station and convenience store properties located in and around northern suburbs of New York City (including Westchester and Rockland Counties) and the lower Hudson Valley, funding a total investment of $111,300,000. The 59 properties were acquired in a simultaneous transaction among ExxonMobil, CPD…
VPS Acquires 22 Appco Stores
Wilmington, N.C.-based VPS Convenience Store Group, has acquired 22 Appco locations in Bristols, Johnson City and Kingsport, TriCities.com reported. The stores have been closed for the past six months, due to bankruptcy of the former owners, but will re-open under the Scotchman brand in the next few weeks. “We are very excited to bring the…