Core-Mark to service approximately 980 Couche-Tard corporate stores within Couche-Tard’s Southwest, Southeast, Gulf Coast and Florida markets. Core-Mark Holding Co. Inc., one of the largest marketers of fresh and broad-line supply solutions to the convenience retail industry in North America, is set to become the broadline supplier to the Circle K stores in the Southeastern…
MACS Announces Dan Pastor as New CEO
“It is an exciting time to become a part of a company on such a trajectory of growth, including acceleration through strategic acquisitions and organic retail innovations,” says new MACS CEO. Mid-Atlantic Convenience Stores (MACS) has appointed Dan Pastor as CEO to fill the position previously held by Steven Uphoff, who has transitioned from his…
Attacking Shrink from All Angles
Loss prevention in retail is becoming a more challenging task as the economy stumbles along. In order to keep costs down it is important to put measures into place that will deter thieves. In a tough economy, every dollar counts. But loss prevention is often overlooked by convenience stores, even when following through on upholding…
Couche-Tard’s Digital Signage Network Adds Bluetooth Connectivity
In 2011, some 1,400 Mac’s/Couche-Tard convenience stores in Canada are set to be connected by a digital signage network that includes bluetooth enabled technology, operated under a new partnership between Toronto-based iSIGN Media Solutions and Pinpoint Media Group, Mediacaster Magazine reported. Using iSIGN’s patent pending interactive advertising solution is expected to expand the advertising content…
Mac’s Offers Free Popcorn
To commemorate Remembrance Day and as the latest element of the We Salute Our Heroes initiative to honor and aid Canadian troops, Mac’s convenience stores are rewarding customers with a free bag of popcorn, The Province reported. Customers who enter any Canada-based Mac’s Convenience Store from Manitoba to B.C. today will receive one large, 190-gram…
Mid-Atlantic Acquires Exxon Sites
Mid-Atlantic Convenience Stores (MACS), an investment platform backed by Catterton Partners, a consumer-focused private equity firm in North America, has acquired 58 convenience stores/fuel stations, located in Northern Virginia and Maryland, from Exxon Mobil Corp. Terms of the transaction were not disclosed. MACS is a convenience store operator in the Mid-Atlantic region and one of…
Casey’s Uses Poison Pill Defense
Canadian c-store giant Alimentation Couche-Tard is calling on Casey’s General Stores to discuss its bid, as the Iowa-based chain moves to instead thwart the hostile acquisition, the Globe and Mail reported. “A meeting would be more productive than putting roadblocks, like a poison pill, in the path of our compelling proposal,” Couche-Tard said in a statement.…
Couche-Tard Quarterly Profit Down 23%
Alimentation Couche-Tard announced today that despite rising revenue, its quarterly profit dropped 23% due to lower U.S. gasoline margins, Reuters reported. Couche-Tard, North America’s second-biggest convenience store chain, operates more than 5,400 convenience stores, with some 3,600 of those also selling gasoline. The company earned $54.8 million, or 29 cents a share, in its third-quarter,…
Mac’s Renews Price Management Solution
Mac’s Convenience Stores Inc., a division of Canadian convenience retailer Alimentation Couche-Tard Inc., has renewed the deployment of DemandTec Inc.’s Everyday Price Management solution. Mac’s Convenience Stores operates more than 800 stores throughout 12 states in the Midwest and Northeast, and has chosen to extend its relationship with DemandTec based on the business benefits realized…
Couche-Tard Pushes U.S. Expansion
When Alimentation Couche-Tard Inc. was presented with CSD’s Chain of the Year honors in 2007, the company’s smart, strong growth was cited as the foundation for the honor. A little more than two years later and not much has changed. The company is still regarded as one of the savviest marketers in two countries, and…