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…
Read more
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…
Read more
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,…
Read more
PetrolPlaza Special: The revolution of cloud-based solutions
Cloud-based solutions, big data and digitalization are shaping the future of the fuel retailing business. From remote control services, to predictive maintenance or mobile payments, all these new trends which are dominating the industry´s discussions are based on those three technological developments. “Cloud doesn´t represent an evolution, but a revolution. It will change the products…
Read more
- 1
- 2
