Year in Review: Top Retailer News of 2020
NATIONAL REPORT — The COVID-19 pandemic may have marred every aspect of convenience store retailers' businesses in 2020, but that didn't prevent operators from focusing on operational growth, taking steps to expand their footprints, introducing forward-thinking prototypes, enhancing their in-store offers, implementing new services, and ushering in change with new executives.
These are the top retailer news headlines of 2020 in the convenience channel, as reported by Convenience Store News Online:
One key element that will set the new TXB banner apart from Kwik Chek is its merchandising strategy.
President Tanner Krause will succeed his father, Kyle J. Krause, as CEO effective Jan. 1.
The new design will reach roughly 360 sites over the next three to five years.
Pilot Co. brings together travel center brands and its energy division.
The Plymouth, Mass., location offers products, educational opportunities and weekly Demo Days.
The capital will fund an extensive raze-and-rebuild and store remodel campaign, as well as complementary acquisitions.
The new store design will accelerate the retailer's speed to market for new builds.
A new convenience store in Ankeny, Iowa, will be the first to display the refreshed look.
The former Shuttle 75 truck stop becomes the 269th travel center in the company's network.
It will create a unified North American convenience store brand as part of its growth strategy.