Convenience Store News

JUL 2015

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POLL 8 Convenience Store News | JULY 2015 | WWW.CSNEWS.COM CSNEWS.COM None of the above Ricker's Rutter's Kum & Go Spinx Sheetz Following recent acquisitions of longtime family-run convenience store chains, which chain will be the next to be acquired? 1 | CSNews Hall of Fame to Honor Kwik Trip's Zietlow, Coke's Ard Kwik Trip Inc. President and CEO Don Zietlow and Jay Ard, vice president of national sales, convenience retail for The Coca-Cola Co., have been selected as this year's inductees into the Convenience Store News Hall of Fame. In addition, CSNews' blue-chip panel of industry leaders chose Speedway LLC President Tony Kenney as winner of this year's Retailer Executive of the Year award. 2 | CrossAmerica Acquires One Stop Chain CrossAmerica Partners LP will purchase the Charleston, W.Va.- based One Stop convenience store chain in a transaction that is expected to close in the third quarter of 2015. The agreement includes 41 company-operated One Stop stores, along with four commission agent sites, nine dealer fuel supply agreements and one freestanding, franchised quick-service restaurant. 3 | Getty Realty Acquires 77 Stores in 'High-Growth Regions' Getty Realty Corp. inked a $214-million acquisition deal with Pacific Convenience and Fuels LLC through which it has acquired fee-simple interests in 77 convenience stores and retail gas stations in several "high-growth regions," including Northern California, Southern California, Colorado, Washington, Nevada and Oregon. The properties operate under well-known banners including 76, Conoco, Circle K, 7-Eleven and My Goods Market. 4 | TravelCenters Makes $397M Sale-Leaseback Deal TravelCenters of America LLC (TA) inked a deal with Hospitality Properties Trust, its largest shareholder, for sale-leasebacks of 30 of its travel centers for approximately $397 million. Under the agreement, TA will also purchase five travel centers it currently leases from Hospitality Properties Trust for about $45 million. 5 | Stewart's Shops Slates Remodel of First Store Stewart's Shops Corp. plans to give its very first convenience store a modern makeover. The proposed remodeled store in Ballston Spa, N.Y., will occupy 3,000 square feet and feature more gas pumps, a to-go counter, pizza service and a beer cave. ONLINE EXCLUSIVE PRODUCT HIGHLIGHT The most viewed New Product online. TOP 5 Daily News Headlines The most viewed articles online. Time to Rethink the Boomers? Although convenience store operators are eager to embrace millennial consum- ers, it is still the baby boomer generation that plays the dominant role in the U.S. economy, controlling 70 percent of the nation's disposable income. A recent study revealed that younger boomers out- spend millennials by nearly $8,000 annu- ally and the typical consumer by $5,000, with spending occurring across most cat- egories. Boomers will control more than half of all dollars spent on grocery foods in 2015, with a particular focus on health and wellness. BIC Special Edition Millennial Series As a part of the "Pick Your BIC" Facebook promotion, fans voted on their favorite lighter designs to create the BIC Special Edition Millennial Series that is shipping this sum- mer. The eight lighters feature quirky designs like a taco, and a dinosaur riding a scooter. Made in the USA, each Special Edition Millennial Series lighter has a suggested retail price of $1.89. BIC USA Inc. Shelton, Conn. For more exclusive stories, visit the Special Features section of 23% 22% 21% 12% 15% 7%

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