Convenience Store News

JAN 2017

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22 Convenience Store News | JANUARY 2017 | WWW.CSNEWS.COM INDUSTRY ROUNDUP retailer tidbits supplier tidbits n Global Partners LP is selling 13 proper- ties in the Northeast and Mid-Atlantic regions. Of the locations, seven are former convenience stores and six are vacant retail sites. n CrossAmerica Partners LP inked an agreement with an institutional real estate investor for the sale and lease- back of 20 properties acquired as part of its State Oil acquisition. The deal will result in net proceeds of approximately $29 million. n Wawa Inc. selected Gilbarco Veeder- Root as its exclusive dispenser and payment-terminal provider for forecourt EMV acceptance. Installation will begin with Wawa's Florida network of more than 100 conve- nience stores. n As of Dec. 1, Thorntons Inc. started offering Square Donuts at its Indianapolis-area stores. The dough- nuts are made fresh and delivered to the stores daily. n Mirabito Holdings Inc. extend- ed its partnership with distribu- tor McLane Co. Inc. to include the 29 Xtra Mart locations it recently acquired. McLane began servicing the Xtra Mart locations in central New York and northeast Pennsylvania on Jan. 1. n United Pacific chose Cardtronics as the exclu- sive ATM provider for its more than 300 gas station and convenience store locations. Cardtronics also has expansion rights to pro- vide ATM services to United Pacific in poten- tial future locations. n Philip Morris International submitted a Modified Risk Tobacco Product (MRTP) application for iQOS with the Food and Drug Administration's Center for Tobacco Products. It anticipates the agency will take a minimum of 60 days to complete an administrative review of the application. n Dr Pepper Snapple Group Inc. is acquir- ing Bai Brands LLC for a cash purchase price of $1.7 billion. Bai is expected to generate approximately $425 million in net sales in 2017. n The Food and Drug Administration issued warning letters to Swisher International Inc., Cheyenne International LLC, Prime Time International Co., and Southern Cross Tobacco Co. Inc. for selling flavored cigarettes that are labeled little cigars or cigars. The products are under the Swisher Sweets, Cheyenne, Prime Time, and Criss- Cross brands. n The Hot Stuff Pizza brand from Orion Food Systems LLC marked the 30th anni - versary of its first licensed location, which opened in Webster, S.D., on Dec. 17, 1986. Today, Hot Stuff Pizza has 1,000-plus licensed locations in rural and metro areas, serving pizza and other food items across all dayparts. n Altria Group Inc.'s U.S. Smokeless Tobacco Co. took a list price increase of 7 cents per can on its core SKUs. At the same time, it decreased the list price on Skoal Tobacco Blends by 77 cents per can. Altria also took list price increases on the more "value" end of its smokeless platform. n Hunt Brothers Pizza is celebrating its 25th anniversary by reward- ing 25 of its small-business retail partners with a pizza-program upgrade. Once completed, the company's investment will total $375,000.

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