Yesway, the fast growing convenience store chain, has announced the expansion of the company with the acquisition of 35 Wes-T-Go and Chillerz Convenience Stores in Abilene, Texas. These new Yesway stores will be added to the company’s existing portfolio of 38 locations currently operating in Iowa and Kansas. By the end of the second quarter…
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Trends in the U.S. convenience market
The U.S. convenience store market is booming pushed by low fuel prices and a recovering economy. There are currently 154,535 convenience stores in the United States, a couple of hundred more than last year and almost 10,000 more than in 2010 – the last year that the number of c-stores reduced. Around 80% of all…
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7-Eleven to acquire Sunoco stores for $3.3 Billion
7-Eleven, a consolidated subsidiary of Japanese retail group Seven and I Holdings, will acquire approximately 1,100 convenience stores from convenience and retail fuel operator, Sunoco (SUN). According to a company release, the $3.3 billion-assets for acquisition include a majority of SUN's convenience stores in 19 geographic regions primarily along the East Coast and in Texas,…
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Convenience Retailing as Part of the Education and Employment Solution for the USA
Everyone works for 3 reasons: Money Self-Improvement (building skills, a resume and a network) Fun (subjective for every individual) It is an old adage that the best way to get a high paying job is to get a low paying job and do it well. A common theme at several Federal Reserve meetings and business…
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