Industry News & Trends

Convenience Store News Weekend Digest: March 26, 2023
A snapshot of the top headlines of the week.
Seven & i Investor Calls for Board Changes
ValueAct, which owns a 4.4 percent stake in the Tokyo-based company, seeks the removal of four directors.

Corporate & Store Operations
Love's to Host National Hiring Event to Fill 2,000 Positions
The company is hiring across its network, including its travel stops, Speedco and Love's Truck Care locations.
Suppliers & Wholesalers
Supplier Spotlights: Capital Candy Co., Frito-Lay North America & Old Trapper
Other companies making news include Haribo of America, Hershey, Mashgin, National Retail Solutions, PDI Technologies, Pepperidge Farm and PepsiCo.
Foodservice
The Sprouting of Plant-Based Products
Deep-rooted values among Gen Zs and millennials are enabling this category to grow.
Mergers and Acquisitions
TravelCenters of America Board Members Come Out Against Unsolicited Offer
An unnamed company bid more than the travel center operator's $1.3 billion deal with BP.
Corporate & Store Operations
Parkland Corp. Addresses Shareholder Concerns
Activist investor Engine Capital LP urges the company to consider a sale or a spinoff of its noncore assets to become a more focused fuel and convenience retailer.
Technology
Ramping Up Innovation Coast to Coast
7-Eleven is on a mission to build one of the largest and most compatible EV fast-charging networks in North America.
Other Merchandise & Services
Sustainability Ranks Among Top Purchase Decisions
New research shows that consumers will switch food and grocery brands to better align with their values.
Corporate & Store Operations
Buc-ee's Stands Out Among Retailers for High Wages & Customer Experience
The retail chain was named No. 1 on Forbes' Customer Experience All-Stars List.
Tobacco
R.J. Reynolds Vapor Wins Temporary Stay for Two Vuse Menthol Products
The FDA previously issued marketing denial orders for the Vuse Replacement Cartridge Menthol 4.8 percent G1 and the Vuse Replacement Cartridge Menthol 4.8 percent G2.
Fuels
Road Ranger Begins to Add Electric Vehicle Charging Stations
The quick-charging stations will be deployed across six sites in 2023, with more expected in the coming years.
Other Merchandise & Services
Dollar Stores Developing Competitive Edge in Grocery Retail
As more dollar stores enter the fresh food sector, c-stores could find themselves under pressure to match their value propositions.
Foodservice
PreciTaste Automation Solutions
Prep Assistant, Planner Assistant and Station Assistant join the company's scalable foodservice solutions.

The latest retailer, wholesaler and supplier news, including corporate & store operations, technology, legislative, regulatory & legal news, marketing, mergers & acquisitions and more. Also includes expert viewpoints, people news and special features.