WESTLAKE, Ohio, & OKLAHOMA CITY—TravelCenters of America (TA) has completed the acquisition of two travel center locations for $45 million, according to a news release. The company has acquired Petro Raphine in Virginia and TA Lexington, which were previous TA franchise locations...
CHARLOTTE, N.C.—Krispy Kreme announced that it will price a dozen Original Glazed doughnuts at the national average for a gallon of regular gasoline on Wednesdays, according to a news release. “While Americans deal with the rising PPG—price per gallon—of gasoline, we’re lowering ...
SACRAMENTO, Calif.—California is aiming to have 35% of all new car purchases be electric, hydrogen-powered or plug-in hybrids by 2026, reports the Associated Press. This goal is one facet of the state’s bigger plan to have all new car sales be electric, hydrogen-powered or plug-i...
CLEVELAND—Kroger is expanding the amount of reusable packaging offerings through its partnership with Loop, according to a news release. The grocer will now offer reusable packaging for its private-label brands, as well as other major food and household brands. Developed by circu...
PORTLAND, Ore.—The global popcorn industry was valued at $9.86 billion in 2020 and is projected to reach $18.8 billion by 2031, growing at a compound annual growth rate (CAGR) of 5.3% from 2022 to 2031, according to a report by Allied Market Research. “Busy and hectic [consumer] ...
ALTOONA, Pa.—Sheetz has announced a new partnership with DoorDash to provide on-demand delivery of convenience essentials from 560 Sheetz stores across Pennsylvania, Maryland, North Carolina, Ohio, Virginia and West Virginia, according to a news release. Starting yesterday, custo...
NEW YORK—The rise in grocery costs has forced some Americans to change how and where they shop, reports CNN. With grocery prices 6.4% higher than this time in 2020, shoppers are buying less and opting for cheaper brands, including private-label brands. In September, Numerator fou...
By Sara Counihan ALEXANDRIA, Va.—ESG, which stands for environmental, social and governance, is a popular buzzword in the business world. Many convenience retailers are asking themselves if ESG is imperative to their businesses. If it is imperative, what can retailers do about it...
ALEXANDRIA, Va.—Altria Group Inc. and Philip Morris International (PMI) have been ordered by the U.S. International Trade Commission to stop selling the alternative smoking device IQOS in the United States, reports The Roanoke Times. The ruling said that the IQOS device infringes...
ALEXANDRIA, Va.—The Federal Trade Commission has asked nine companies, including Tyson Foods Inc., McLane Co. and Walmart Inc., to provide the agency with information surrounding their operations as part of a fact-finding effort to understand ongoing supply chain disruptions. The...
NACS serves the global convenience and fuel retailing industry by providing industry knowledge, connections and issues leadership to ensure the competitive viability of its members’ businesses.