“We have increased flexibility with which to pursue a wider range of strategic initiatives capable of unlocking value for our shareholders,” says Delek US Holdings CEO. Delek US Holdings Inc., a diversified energy company with assets in the petroleum refining, marketing and retail industries, has acquired the remaining 11.7% minority equity interest in Lion Oil…
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…
MAPCO Express Rolls On
While many chains are still feeling the crunch from the current economic recession, others are seeing opportunity. Count MAPCO Express among the companies waiting to pounce. MAPCO Express, a subsidiary of Delek US Holdings, has a long history in convenience retailing. It continues rolling out an upscale convenience store concept, branded MAPCO Mart, and is…
Kum & Go Opens Missouri Stores
In celebration of the grand opening of its newest stores in southwest Missouri, Kum & Go, one of the nation’s leading convenience store chains, will give away a 2009 Harley Davidson Nightster motorcycle to one of its loyal customers. “The Harley Davidson giveaway is a perfect opportunity for us to get to know our newest…
Smokeless tobacco market plans, snue and spit free product information
TOP PERFORMERS Copenhagen (Philip Morris USA) Skoal (Philip Morris USA) Grizzly (Conwood Co./ Reynolds American) HONORABLE MENTIONS Kodiak (Conwood Co./ Reynolds American) Timberwolf (Swedish Match) Longhorn (Swedish Match) Few product categories are as dynamic as smokeless tobacco, which helps make managing the set all the more interesting. With so many new products, flavors and line…
BP Testing “Smart Wi-Fi” at U.S. Stores
BP North America has teamed with two wireless networking firms to pilot a souped-up version of Wi-Fi at 50 stores nationwide, all in hopes of adding more value to the customer experience. “We’re very interested in what the customer reaction will be,” said BP spokesman Scott Dean. “We have high hopes for this.” BP turned…
EZ Energy Acquires 42 Stations
EZ Energy USA Inc., the U.S. entity of Israeli-based EZ Energy Ltd., has signed a contract to acquire 42 gas stations in the U.S. and all related inventory—as well as four lots—for a reported $32.6 million. When the deal is closed, EZ Energy will own 93 stores that sell approximately 160 million gallons of gas…