Couche-Tard

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Issues at Asda, Couche-Tard M&A spree continues, Aeon eyes Myanmar - August retail round-up

8 Sep 2016

August saw the announcement of an eighth consecutive quarter of declining sales at Asda, the UK arm of Wal-Mart. Across the Atlantic, Canada's Couche-Tard continued its deal-making. In Europe, France's Casino outlined plans to launch the Leader Price banner in Italy. And in Asia, Japan's Aeon indicated it plans to enter Myanmar and India's Future Group set out an expansion programme for its Nilgiris supermarket chain.

Talking shop December 2015 – Lawson, Couche-Tard and Morrisons

7 Jan 2016

December saw some significant developments in the convenience channel in a number of markets, with Japan's Lawson Inc plotting a strategic alliance with Three F, Couche-Tard acquiring an Irish operator, its Canadian rival Sobeys launching a convenience concept and Morrisons returning to the sector in the UK. In other news, it emerged Kroger plans to trial a store format in the US while Lidl is continuing the march of the discounters across Europe. Here is just-food's round up of the big news stories from the world of grocery retail last month. 

CANADA: Metro sees sales recover in Q2

16 Apr 2014

Shares in Metro Inc rose today (16 April) after the Canadian retailer reported improved quarterly sales.

CANADA: Merchandise sales boost Couche-Tard earnings

18 Mar 2014

Canadian convenience retailer Couche-Tard has booked a jump in third-quarter earnings, with a higher contribution from merchandise sales boosting the bottom line.

CANADA: Couche-Tard CEO stands down, takes exec chairman role

18 Mar 2014

Couche-Tard chief executive Alain Bouchard has announced he will stand down as CEO of the Canadian retailer and take up a new role of executive chairman.

MEXICO: Circulo K buys Extra chain from A-B InBev's Modelo

13 Feb 2014

Mexican retailer Circulo K has acquired fellow c-store chain Extra from local brewing giant Grupo Modelo, part of Anheuser-Busch InBev, the world's largest beer maker.

MALAYSIA: C-store banner Circle K enters Malaysia

29 Nov 2013

C-store chain Circle K has opened its first store in Malaysia, west of the country's capital Kuala Lumpur.

CANADA: Couche-Tard profits up despite Q2 sales fall

28 Nov 2013

Canada-based retailer Couche-Tard has booked higher half-year profits, although sales fell in the second quarter.

CANADA: Profits up but sales down at Metro Inc

14 Nov 2013

Canadian retailer Metro Inc has reported an increase in annual profits but a fall in sales, citing, like rival Loblaw, fierce competition in the last three months.

CANADA: Couche-Tard Q1 earnings double

30 Aug 2013

Canadian c-store chain Couche-Tard its earnings double in the first quarter, boosted by robust merchandise sales.

CANADA: Couche-Tard FY profits climb

9 Jul 2013

Canadian c-store chain Couche-Tard has booked an increase in full-year earnings, boosted by acquisitions, higher fuel margins and a lower income tax rate.

On the money: Fresh, loyalty help Metro manage trading conditions

24 Apr 2013

Canadian retailer Metro Inc has said its fresh food and customer loyalty schemes are helping it trade in a "highly competitive" sector.

CANADA: Acquisitions, higher margins lift Couche-Tard Q3

19 Mar 2013

Canadian c-store chain Couche-Tard has booked an increase in third-quarter profit, boosted by acquisitions, higher margins on fuel and a lower income tax rate.

CANADA: Retailer Metro reports higher Q1 profits

30 Jan 2013

Canadian retailer Metro Inc has reported an increase in first-quarter profits as higher sales boosted margins.

US: Safeway shares jump on Canadian sell-off speculation

24 Jan 2013

Shares in Safeway have risen after analysts suggested that Canadian retailers could be freeing up cash in preparation for a bidding war over the US retailer's Canadian operations.

CANADA: Metro sells Couche-Tard stake

23 Jan 2013

Metro Inc plans to raise C$479m (US$482m) through the sale of its stake in convenience operator Couche-Tard.

CANADA: Acquisitions drive Couche-Tard H1

28 Nov 2012

Canadian c-store chain Couche-Tard has booked an increase in first-half profits boosted by acquisitions.

CANADA: Metro Inc outpaces rival Loblaw

15 Nov 2012

Canadian retailer Metro Inc has reported higher annual profits - and seen sales in its most recent quarter outstrip rival Loblaw.

CANADA: Underlying Q1 profits up at Couche-Tard

5 Sep 2012

Canadian c-store chain Couche-Tard reported an increase in adjusted first-quarter earnings, although reported profits fell on costs from its first acquisition in Europe.

US: Couche-Tard acquires Florida stores

14 Aug 2012

Canadian convenience chain Couche-Tard has acquired 29 forecourt locations in Florida from Florida Oil Holdings.

CANADA: Couche-Tard acquires Sun Mart stores

19 Jul 2012

Canadian retailer Couche-Tard has purchased 27 stores in Eastern Washington State through its subsidiary Cirkle K.

CANADA: Couche-Tard earnings jump

11 Jul 2012

Canadian retailer Couche-Tard has booked a jump in full-year earnings, as it benefited from higher sales, improved margins and an extra trading week.

FRANCE: Couche-Tard moves to acquire remaining Statoil shares

2 Jul 2012

Couche-Tard's newly-formed subsidiary, Couche-Tard Norway, is to carry out a compulsory acquisition of the final shares it does not own of Statoil Fuel & Retail (SFR).

CANADA: Couche-Tard now principal owner of Statoil Fuel & Retail

19 Jun 2012

Couche-Tard has become the principal owner of Statoil Fuel & Retail (SFR).

CANADA: Couche-Tard confirms Statoil buy settlement dates

19 Jun 2012

Couche-Tard has confirmed settlement dates in the latest development in its takeover bid for Norway's Statoil Fuel and Retail (SFR).

UPDATE: CANADA: Couche-Tard upbeat about SFR investors approval

12 Jun 2012

Canadian c-store retailer Couche-Tard today (12 June) said it was "very confident" of convincing enough investors in Statoil Fuel & Retail to secure its acquisition of the Norwegian firm.

CANADA: Couche-Tard says offer for Statoil Fuel & Retail final

12 Jun 2012

Couche-Tard has said it will not raise its offer in its takeover bid for Norway's Statoil Fuel and Retail (SFR).

NORWAY: Couche-Tard waives conditions on SFR bid

6 Jun 2012

Couche-Tard has waived all conditions attached to its takeover bid for Norway's Statoil Fuel and Retail (SFR) in a bid to push the acquisition through at the current price.

NORWAY: Couche-Tard extends Statoil Fuel & Retail bid deadline

30 May 2012

Canadian convenience store chain Couche-Tard has extended the deadline on its takeover offer for Norwegian-based Statoil Fuel and Retail (SFR) for a second time.

NORWAY: Couche-Tard eyes Europe with Statoil Fuel and Retail bid

18 Apr 2012

Canadian convenience retailer Couche-Tard is looking to expand in Europe through its planned takeover of Norwegian-based Statoil Fuel and Retail (SFR).

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