Couche-Tard

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CANADA: Acquisitions, cost savings boost Couche-Tard Q3 profits

14 Mar 2012

Canadian convenience retailer Couche-Tard has booked an increase in third-quarter profits.

US: Casey's eyes growth as Q3 earnings rise

6 Mar 2012

US c-store operator Casey's General Stores has recorded an increase in third-quarter profit and said it continues to expand its footprint in new states.

US: Couche-Tard remains silent on expansion plans

30 Nov 2011

Canadian convenience retailer Couche-Tard has declined to comment on reports that it plans to open convenience stores in United Arab Emirates.

CANADA: Couche-Tard same-store sales bolster Q2 profits

23 Nov 2011

Canadian convenience retailer Couche-Tard has hailed a strong same-store sales performance for its increase in second-quarter profits.

US: Retailer Casey's books Q1 profit increase

9 Sep 2011

US convenience store retailer Casey's General Stores has reported a rise in quarterly profits as new outlets and better same-store food sales increased revenues.

CANADA: Couche-Tard Q1 profits climb

31 Aug 2011

Shares in Canadian forecourt and convenience retailer Couche-Tard fell yesterday (30 August) despite the company booking an increase in first-quarter profits.

US: 7-Eleven to buy 51 ExxonMobil sites

17 Aug 2011

Convenience store giant 7-Eleven is set to acquire 51 stores in northern Texas from ExxonMobil.

CANADA: Couche-Tard acquires 33 stores in Louisiana

17 Aug 2011

Couche-Tard has signed a deal to acquire 33 On the Run stores in southern Louisiana from ExxonMobil for an undisclosed sum.

CANADA: Couche-Tard FY profits rise

13 Jul 2011

Canadian convenience operator Couche-Tard has reported an increase in full-year net income despite its earnings falling in its fourth quarter.

US/CANADA: Couche-Tard in ExxonMobil Corp site buy

24 Jun 2011

Canadian convenience store operator Couche-Tard has signed a deal to acquire up to 322 convenience-store sites plus an additional 65 reseller contracts from ExxonMobil Corp.

US: Casey's Q4 profits on the rise

15 Jun 2011

US c-store retailer Casey's General Stores has posted an increase in fourth-quarter profits, with the company insisting it had ended a year when it fought off a hostile takeover bid from Canadian rival Couche-Tard on a "strong" note.

US/CANADA: Couche-Tard acquisitions grow store base

14 Jun 2011

Canadian convenience store operator Couche-Tard has struck a deal to buy a total of 360 convenience stores and forecourts from ExxonMobil and Shell Canada.

CANADA: Couche-Tard profits jump on gas sales

11 Mar 2011

Canadian forecourt and convenience retailer Alimentation Couche-Tard has booked a 30.8% jump in year-to-date net earnings, boosted by rising gas sales.

US: Store rebranding and commodity costs hit Casey's Q3

8 Mar 2011

The cost of rebranding newly-acquired stores, volatile commodities and the battle to fend off a takeover from rival c-store retailer Couche Tard have hit quarterly profits at Casey's General Stores.

The just-food management briefing - M&A in 2010 - a year in review

20 Dec 2010

Kraft Foods' move to buy Cadbury in January failed to spark a burst of M&A activity in the food industry, as economic conditions continued to dampen attitude to risk. As the year progressed, however, and confidence returned, the pace of acquisitions picked up. But as Dean Best reports, the nature and rationale behind the deals has altered significantly.

The just-food management briefing - M&A in 2010 - a timeline

20 Dec 2010

There have been over 640 stories in just-food's M&A section since April this year covering everything from industry-changing mergers to bolt on acquisitions and brand disposals. This section to the briefing tracks the major moves through the year by looking at all the deals that were put under scrutiny in our insights section.

US: Takeover defence hits Casey's Q2 earnings

8 Dec 2010

US c-store operator Casey's General Stores, which spent the summer fighting a takeover bid from Canada-based rival Couche-Tard, has seen the battle hit second-quarter profits.

CANADA: Couche-Tard profits increase in Q2

23 Nov 2010

Couche-Tard, the Canadian c-store retailer, has booked an increase in second-quarter profits, driven by a growth in merchandise and service sales.

US: Casey's, 7-Eleven end takeover talks

3 Nov 2010

US convenience operator Casey's General Stores and larger rival 7-Eleven have ended two months of takeover talks.

US: Casey's General Stores buys Harper Oil Co. outlets in Illinois

13 Oct 2010

Casey's General Stores, the US c-store retailer that fought off a takeover attempt from Canadian rival Couche-Tard, is to buy 19 stores in Illinois from Harper Oil Co.

Best bits: Unilever, SOS, Premier next in M&A spotlight

4 Oct 2010

The recent appetite for M&A in the food industry is showing little sign of abating.

Quote, unquote: just-food's week in words

1 Oct 2010

Analysts saw reasons to be cautious over the big events of the week, pouring cold water on Wal-Mart's plans to enter Africa through its planned acquisition of Massmart and expressing concern over Denise Morrison as the new CEO of Campbell Soup Co. The six-month war of words between Casey's General Stores and Couche-Tard seems to have ended, with the Canadian operator letting its tender offer expire. Here's the best of what was said this week.

US: Couche-Tard walks away from Casey's pursuit

1 Oct 2010

Couche Tard, the Canadian c-store retailer, has walked away from its efforts to buy US-based rival Casey's General Stores.

Quote, unquote: just-food's week in words

24 Sep 2010

This week has been firmly focused on private label relaunches, with Asda, Ocado and Sainsbury's all relaunching various aspects of their own-label ranges. The war of words between Casey's and Couche-Tard may calm a little bit this week as Casey's slate of board nominees were reinstated on the convenience operator's board. Here's the best of what was said this week:

US: Casey's claims victory in Couche-Tard proxy battle

23 Sep 2010

Casey's General Stores announced today (23 September) that, based on a preliminary vote count, its shareholders have reelected all eight of the US c-store chain's incumbent directors.

US: Couche-Tard accuses Casey's of "obfuscation"

21 Sep 2010

Couche-Tard has accused takeover target Casey's General Stores of trying to "obfuscate the choices" presented to its shareholders around the US convenience operator's future.

US: Casey's still in 7-Eleven talks; sticks to AGM date

20 Sep 2010

Takeover target Casey's General Stores, the US c-store retailer, said today (20 September) it remains in talks with suitor 7-Eleven over a possible deal.

Best bits: Carrefour reaches for the stars with Planet stores

20 Sep 2010

With its all-new Carrefour Planet hypermarket chain and with a target of 18% sales growth in five years, the French retail giant is clearly reaching for the stars. But will the French retail giant succeed?

US: Couche-Tard receives further proxy advisor blow

17 Sep 2010

US c-store retailer and takeover target Casey's General Stores has received further support for its board nominees from two proxy advisory service

Quote, unquote: just-food's week in words

17 Sep 2010

Hershey, the US chocolate giant, felt the full force of the NGO spotlight this week amid criticism over its cocoa sourcing.

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