Year in Review -- 3Q 2010
ExxonMobil continued to sell off its company-owned convenience stores, fast-feeders like Burger King expanded their breakfast menus to eat into c-stores’ morning business, and Casey’s takeover drama heated up as a second bidder -- which turned out to be 7-Eleven -- emerged to compete with the unfriendly suitor, Alimentation Couche-Tard.
These and other stories, such as Convenience Store News’ annual compilation of the Top 100 c-store chains, captured the attention of a majority of visitors to CSNews Online. Below are the top two stories per month based on user views at www.csnews.com. To read the complete story, click on the link below each blurb.
McDonald’s Calls off Smoothie Samples
To ensure continued supply and meet customers' needs due to overwhelming popularity, McDonald’s USA will not be executing a previously announced national in-restaurant sampling event of McCafé Real Fruit Smoothies from July 22-24. McCafé Real Fruit Smoothies launched nationwide on Tuesday last week. click here for full story.
ExxonMobil Sells 26 to Convenience Management Group
ExxonMobil reached an agreement with Convenience Management Group (CMG) to sell its real estate interests at 26 Exxon-branded retail stations located here. click here to read full story.
Top 10 Snack Trends Revealed
The Food Channel released its top 10 snack trends report, prepared in conjunction with CultureWaves, Mintel International and the International Food Futurists. click here to read full story.
Top 100 Convenience Stores
Acquisition pace quickens in 2010, but despite consolidation, top chains still account for nearly 40 percent of industry’s total stores. click here to ready full story.
New BK Breakfast Menu Debuts
Burger King Corp. unveiled new breakfast menu items this week in what the quick-service restaurant (QSR) chain is calling its "largest menu expansion ever," Nation's Restaurant News reported. click here to read full story.
Casey's Attracts Second Bidder
Casey's General Stores Inc. received a preliminary proposal for a consensual transaction at $40 per share in cash, from an unnamed, strategic third party. click here to read full story.