Casey’s General Stores Inc. has rejected a $43-per-share offer by 7-Eleven and ended talks with the convenience store operator owned by Japan’s Seven & I Holdings, Reuters reported. Shares of Casey’s dropped 5% after it announced the revised offer did not reflect its full value and growth opportunities. In early September, 7-Eleven made a non-binding…
SUPERVALU Sells Bristol Farms Division
SUPERVALU has sold its Bristol Farms division (14 stores) to a company formed through a partnership with the Bristol Farms management team and Endeavour Capital, an investment firm experienced in grocery and retail businesses. Under the terms of the sale, the stores will change ownership effective today, but will continue to operate under the Bristol…
Marketing in a Digital Age
The world of marketing is fast evolving to keep pace with an influx of new technological options, and no one knows this better than Jared Sturtevant, who recently stepped into the newly created director of marketing role at Nice N Easy Grocery Shoppes. In his new position, Sturtevant orders, proofs and provides artistic direction on…
Legacy Leadership
At a Glance: Rutter’s Farm Stores Rutter’s enjoys a long, proud history tracing its roots in Central Pennsylvania all the way back to 1747. The company broke ground on its first convenience store in 1967 and today retails more than 100 million gallons of fuel annually throughout Pennsylvania’s York, Lancaster, Adams, Cumberland, Dauphin and…
Inside Look at Store Activity
Series2k has released S2k Realtime Center, a realtime reporting module to complement its Series2K Back Office Management System. The S2k Realtime Center is a Web-based application that allows a convenience store operator or owner to instantaneously see what is going on in their store. The S2k Realtime Center pulls information from the point-of-sale system every…
Kroger Announces Employee Promotion
The Kroger Co. has promoted Jeffrey Burt to Group Vice President of Perishables Merchandising and Procurement. Burt previously served as vice president of Deli/Bakery Merchandising and Procurement for the company, a position he has held since 2004. Prior to that, Burt held leadership roles at QFC, the Kroger division based in Seattle. Burt began his…
Coinstar Inc. Announces Employee Promotions
Coinstar Inc., a provider of automated retail, has appointed Mary Leonard to chief performance officer and member of the Coinstar executive management team. Leonard previously served as senior vice president of operations for redbox, a wholly-owned subsidiary of Coinstar. Reporting to Gregg Kaplan, president and chief operating officer of Coinstar Inc., Leonard will replace retiring…
Nice N Easy’s Duskiewicz Honored
Fran Duskiewicz, the senior executive vice president at Nice N Easy Grocery Shoppes and a 25-year veteran employee of the company, has been honored twice by the convenience store industry this past month. Duskiewicz, who has been a member of the National Association of Convenience Stores (NACS) Research Committee for five years, has now been…
NACS Kicks Off With Opening Session
Engagement, an overriding theme of the NACS Show, was clearly the dominant theme of NACS Chairman Jay Ricker’s Opening General Session address on Oct. 6 at the NACS Show. Ricker encapsulated his past year as chairman with three stories about engagement: with the media, with customers and with elected officials. The first story related to…
Global Partners Acquires 42 Exxon Stations
Global Partners LP, a wholesale distributor of gasoline, distillates and residual oil in New England, has completed the final phase of its acquisition of 42 Mobil-branded and operated retail gas stations and fuel supply rights in Massachusetts, New Hampshire and Rhode Island. Earlier this month, the Partnership completed the acquisition of 148 dealer-operated Mobil stations,…