Convenience Store News

DEC 2016

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18 Convenience Store News | DECEMBER 2016 | WWW.CSNEWS.COM INDUSTRY ROUNDUP eye on growth retailer tidbits n Stockholders of CST Brands Inc. approved the proposed acquisition of the company by Alimentation Couche-Tard Inc. in a Nov. 16 vote. Approximately 99.7 percent of the shares voted were cast in favor of the deal. n A U.S. subsidiary of Compañía de Petróleos de Chile COPEC S.A. (COPEC) closed on its $535-million purchase of MAPCO Express Inc. from Delek US Holdings Inc. MAPCO has 348 corporate-owned con- venience stores. n GPM Investments LLC and its affili- ates closed on an acquisition deal with Admiral Petroleum Co. for 137 conve- nience stores with fuel and 33 discount tobacco shops in Michigan and Indiana. GPM will continue to operate these stores under the current Admiral and Admiral Discount Tobacco brand names. n Island Energy Services completed its acquisition of Chevron Corp.'s refining, distribu- tion and retail assets in Hawaii. Existing Chevron-branded gas sta- tions in the Aloha State will be con- verted to Chevron's Texaco brand. n Mega! CO-OP agreed to buy five Travel Stop locations in Wisconsin. The new owner will operate these stores under a Mega! CO-OP Travel Stop banner, while maintaining the Shell and BP branded fuel they cur- rently offer. n Wawa Inc. opened its 500th gas store, located in Cheltenham, Pa., on Nov. 10. The store comes 20 years after the retailer first added fuel to its offering. n Love's Travel Stops & Country Stores Inc. reached a milestone with the opening of its new Love's Travel Stop in South Holland, Ill., which pushed its portfolio to the 400 mark. Love's is on track to close out 2016 with 50 new stores opened this year. n TravelCenters of America LLC formed a new TA Truck Service Commercial Tire Network. The new network, which launched Nov. 4, expands the number of tire brands and tiers that TravelCenters now offers to its customers. n Murphy USA Inc. completed its 300-store refresh program in November. Improvements includ- ed LED lighting, the addition of super coolers, and a new security system. n OnCue Express and Omaha Gas & Electric partnered to pilot the installation of a Level 3 electric vehicle fast-charging station at an OnCue site in Yukon, Okla. During the pilot period, vehicle charging will be com- plimentary to customers. n Swiss Farms is seeking customer input to name the Swiss Farms Rooster mascot. The Swiss Farms Rooster has been a key element of the drive-thru convenience store chain's branding and logo for nearly 50 years. n Sinclair Oil Corp.'s Dino mascot took a cross-country road trip to the 90th Macy's Thanksgiving Day Parade in New York. The iconic mascot made stops in California, Las Vegas, Utah, Wyoming, Nebraska, Missouri, Kentucky and New Jersey along the way. n CITGO Petroleum Corp. entered into a partnership with ZipLine to launch the CITGO Check Card, a debit/ACH payment program that combines rewards with payments in-store and at the pump. CITGO Check Card members can save 1 percent on purchases.

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