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Royal Farms and Dick's Sporting Goods Partner with Mercy Foot & Ankle Surgeons to Provide Free Footwear and Care to Individuals in Need
Globenewswire· 2025-11-12 15:05
Core Insights - Mercy Medical Center's Institute for Foot and Ankle Reconstruction is organizing a community outreach event to provide free foot care and distribute shoes and socks to the homeless population [1][2][5] Group 1: Event Details - The outreach event will take place on November 25, 2025, from 1:00 to 4:00 p.m. at Helping Up Mission, located at 1029 E. Baltimore Street, Baltimore, MD 21202 [1][5] - The initiative aims to address critical health needs of the homeless, particularly foot and ankle complications due to prolonged standing and exposure [2] Group 2: Sponsorship and Contributions - The event is supported by donations from Royal Farms, which contributed $5,000 for footwear purchases, and Dick's Sporting Goods, which is donating up to 100 pairs of Brooks shoes [3][4] - Royal Farms emphasizes its commitment to community support and the importance of providing quality care and dignity to residents in need [4] Group 3: Professional Involvement - Participating surgeons from Mercy include Drs. Clifford Jeng, John Campbell, Rebecca Cerrato, Patrick Maloney, and Vandan Patel, along with four IFAR fellows and professional fitters from D&J Medical for proper shoe fitting [4]
National Retail Solutions (NRS) Launches Grubhub Integration
Globenewswire· 2025-11-11 13:30
Core Insights - National Retail Solutions (NRS) has integrated with Grubhub to enable independent retailers to offer remote ordering for delivery or in-store pick-up, enhancing their digital capabilities [1][2] Company Overview - NRS operates a leading point-of-sale (POS) terminal-based platform and digital payment processing service for independent retailers across the U.S. [3] - NRS is a subsidiary of IDT Corporation, listed on NYSE [3] Partnership Details - The integration with Grubhub allows NRS retailers, primarily neighborhood convenience stores and bodegas, to compete effectively in the digital marketplace [2] - Key advantages of the integration include streamlined operations, real-time menu and inventory syncing, reduced training requirements, centralized management, and actionable analytics [5] Operational Benefits - Grubhub orders are directly processed through the NRS POS system, simplifying workflows and reducing counter clutter [5] - Price updates and inventory changes in the NRS POS are automatically reflected on Grubhub menus, ensuring order accuracy [5] - Retailers can manage Grubhub menus and store analytics directly from their NRS POS, enhancing operational efficiency [5] Market Impact - The integration is designed to help local businesses thrive in a digital-first environment, unlocking new revenue streams without adding operational complexity [2] - NRS retailers utilizing the Grubhub integration have reported significantly increased profitability and strong returns on investment [2]
These current Fortune 500 CEOs have served in the armed forces, including a foreign military
Fortune· 2025-11-11 08:02
Leadership and Military Experience - Leadership skills developed in the military can be effectively transferred to the corporate world, particularly in competitive environments [1] - Fred Smith, founder and former CEO of FedEx, attributes his success to lessons learned in the Marine Corps, emphasizing the importance of wartime logistics and small-unit leadership [1][2] Profiles of CEOs with Military Backgrounds - Darren Rebelez, CEO of Casey's General Stores, served as an infantry officer in the Army and has held leadership roles in various companies, including Exxon Mobil and 7-Eleven [3][4] - Anthony Guzzi, CEO of Emcor, also a West Point graduate, served as a Light Infantry Captain and has been with Emcor since 2004, becoming CEO in 2011 [5] - Bob Frenzel, CEO of Xcel Energy, served in the Navy as a nuclear engineering officer and has a background in consulting and investment banking before joining Xcel [6][7] - Jeffrey Martin, CEO of Sempra Energy, served as an air-cavalry pilot and emphasizes the importance of creating new leaders within organizations [8][9][10] - Avigal Soreq, CEO of Delek US Holdings, served in the Israeli Air Force and has a diverse career in various companies before returning to Delek [11] - Shane O'Kelly, CEO of Advance Auto Parts, served as an infantry officer and has held leadership positions in multiple companies before becoming CEO in 2023 [12]
“无人”新业态 满足多元需求
Ren Min Ri Bao· 2025-11-10 23:16
Core Viewpoint - The rise of unmanned micro-business spaces, such as unmanned convenience stores and self-service gyms, is reshaping consumer experiences and reducing operational costs through technology and demand-driven models [1][2]. Group 1: Market Overview - The unmanned retail market in China is projected to exceed 50 billion yuan by 2025 [1]. - Unmanned convenience stores typically occupy less than 10 square meters, featuring low rent, minimal staffing, and high efficiency [1]. Group 2: Consumer Demand - These unmanned spaces cater to diverse consumer needs, such as self-service gyms for night-time workouts and unmanned cafes for freelancers, aligning with the younger generation's desire for efficiency and freedom [2]. - The 24-hour operation of self-study rooms allows professionals to utilize their time effectively after work [2]. Group 3: Business Advantages - Unmanned stores offer flexible locations and lower entry barriers, making them suitable for smaller environments like factories and office buildings, where traditional stores may struggle [2]. - A daily revenue of 500 yuan is sufficient for unmanned convenience stores to achieve profitability [2]. Group 4: Operational Challenges - Current challenges include customer service issues, such as limited options for returns and exchanges, and potential technical failures that could trap customers inside [3]. - The integration of advanced technologies like facial recognition and contactless payments is expected to enhance customer experience in the future [3]. Group 5: Future Trends - The unmanned economy represents a deep integration of artificial intelligence and consumer scenarios, aiming not only to reduce costs but also to provide differentiated consumption methods [3]. - A mixed model of "human + unmanned" operations is anticipated, where some convenience stores may switch to unmanned service during night hours to balance safety and efficiency [3].
GPM to open 20 to 25 more food-focused c-stores
Yahoo Finance· 2025-11-06 09:40
Core Insights - GPM Investments is shifting its strategy towards a food-focused convenience store model to enhance traffic, profitability, and value proposition in a challenging microeconomic environment [3][6] - The company plans to expand its new store design to an additional 20 to 25 locations following the initial pilot stores [7] Company Strategy - The new store design emphasizes foodservice, moving away from a previous focus on acquisitions to organic growth and improving loyalty programs [3][7] - The Fas Craves program features a variety of grab-and-go food items and beverage offerings, aiming to attract more customers [4][6] Expansion Plans - GPM has opened three pilot stores in the Richmond, Virginia area, with plans for four more by the first half of 2026 [7] - The performance of the opened locations has been positive, leading to plans for further expansion once the initial seven stores are operational [6][7]
Longtime C-store CFO on leading through acquisitions and big changes
Yahoo Finance· 2025-11-06 09:00
Company Overview - Atlantis Management Group has grown significantly since its founding in 2006, expanding from four stores in the Bronx to 190 locations and serving as a wholesale supplier to approximately 150 additional stores [2][5] - The company now employs around 1,200 people and operates across four East Coast states [2] Leadership and Growth - Terry Valdivieso joined Atlantis as a controller in 2015 and was promoted to CFO in 2016, contributing to the company's growth trajectory [4][2] - Valdivieso's background in real estate has been beneficial, as Atlantis owns a substantial amount of real estate [5] - The company has experienced continuous growth, which has kept Valdivieso engaged and motivated over the years [7] Strategic Focus - Valdivieso emphasizes the importance of managing financials through acquisitions and addressing cybersecurity threats [3] - The company is committed to ongoing development, implementing new systems and integrating acquisitions regularly [7]
ARKO Corp. Reports Third Quarter 2025 Results
Globenewswire· 2025-11-05 21:05
Core Insights - ARKO Corp. reported a net income of $13.5 million for Q3 2025, an increase from $9.7 million in the same quarter last year, indicating a positive trend in profitability [6] - The company is focused on executing its transformation plan, which includes advancing its dealerization program and improving operational efficiency despite a challenging consumer environment [4][6] - Adjusted EBITDA for the quarter was $75.2 million, slightly down from $78.8 million year-over-year, reflecting ongoing operational adjustments [6] Financial Performance - Total revenues for Q3 2025 were $2.02 billion, down from $2.28 billion in Q3 2024 [39] - Merchandise revenue decreased to $389.7 million from $469.6 million, while merchandise margin improved to 33.7% from 32.8% [6][39] - Fuel revenue was $1.6 billion, down from $1.78 billion, with a retail fuel margin of 43.6 cents per gallon, up from 41.3 cents per gallon [39] Operational Highlights - The company converted 65 retail stores to dealer sites in Q3 2025, totaling 194 conversions year-to-date, with expectations of over $20 million in annualized operating income benefits from channel optimization [6][9] - ARKO advanced its retail store remodeling pilot program, focusing on enhancing customer experience with improved layouts and food offerings [6] - The company opened new-to-industry locations, including a Dunkin' store and two additional stores, with plans for further expansions in 2026 [6] Capital Management - The Board declared a quarterly dividend of $0.03 per share, to be paid on December 1, 2025, reflecting confidence in cash generation capabilities [21] - The company repurchased approximately 0.9 million shares for $4.2 million during the quarter, with $7.2 million remaining under the share repurchase program [22][21] Liquidity and Debt - As of September 30, 2025, ARKO had total liquidity of approximately $891 million, consisting of $307 million in cash and $584 million in available credit [20] - Outstanding debt was approximately $912 million, resulting in net debt of about $605 million [20] Guidance - For Q4 2025, the company expects Adjusted EBITDA to range between $50 million and $60 million, with full-year 2025 Adjusted EBITDA guidance updated to between $233 million and $243 million [26]
Corner Store Blueprint: Reimagining Generational Wealth After the Fire | Sunny Singh | TEDxAltadena
TEDx Talks· 2025-11-05 16:32
Business Transformation & Vision - The company aims to reimagine the convenience store industry, transforming it from a place of last resort to a desirable community hub [11][12] - The company is focused on redesigning stores from the ground up, incorporating custom designs, curated products, tech integration, and community engagement [13] - The company's vision extends beyond aesthetics, aiming to change perceptions of corner stores and empower communities [14] - The company plans to expand from 2 to 20 to 50 stores, creating blueprints for pride, ownership, and generational wealth in overlooked communities [20] Community & Social Impact - Corner stores are identified as vital community institutions, serving as first jobs, sources of income, and places of human interaction [10] - The company emphasizes supporting local businesses to ensure dollars stay within the community, funding local employees, school teams, and dreams [17][18] - The company is investing in a specific community (Aladena) to rebuild and elevate it, recognizing the importance of origins [8][9][20] Business Strategy & Operations - The company is moving traditional mom and pop stores into the 21st century by integrating technology and AI [13] - The company is focused on improving employee experience through better pay, training, and storytelling [14] - The company's strategy includes lowering prices, launching merchandise, and collaborating with local businesses and artists [13]
ALIMENTATION COUCHE-TARD TO RELEASE RESULTS FOR ITS SECOND QUARTER OF FISCAL YEAR 2026 ON NOVEMBER 24, 2025
Prnewswire· 2025-11-04 22:29
To join the conference call by phone, please dial 1-289-819-1299 or 1-800-990-4777 (International). Rebroadcast: A recording of the webcast will be available on the Corporation's website for 90 days. Accessibility StatementSkip Navigation LAVAL, QC, Nov. 4, 2025 /PRNewswire/ - Alimentation Couche-Tard Inc. ("Couche-Tard" or the "Corporation") (TSX: ATD) will release its financial results for its second quarter of fiscal year 2026 on Monday, November 24, 2025, after the close of the TSX. A conference call to ...
3 CEO changes lead October c-store executive shifts
Yahoo Finance· 2025-11-04 10:00
Executive Changes in Convenience Retail Sector - Three major convenience retailers announced significant executive changes in October, highlighting a trend of leadership transitions within the industry [1] Murphy USA - Mindy West will become the CEO of Murphy USA on January 1, 2026, succeeding Andrew Clyde, who has led the company since its spinoff in 2013 and will retire at the end of 2025 [2] - West has been with Murphy USA since its inception, previously serving as executive vice president, CFO, and treasurer, and became the first COO in 2024 [3] - Donald Smith Jr. has been appointed as the interim CFO, having served as VP and controller since the spinoff and treasurer since 2024 [4] United Dairy Farmers (UDF) - Michael Ahmed has been appointed as the new CEO of UDF, replacing Brad Lindner, who is retiring after 47 years with the company [6] - Ahmed previously held the position of COO at Gorilla Glue and has extensive experience in VP-level roles at Tyson Foods and AdvancePierre Foods [6] TravelCenters of America - Debi Boffa resigned as CEO of TravelCenters of America after nearly three decades, returning to New Zealand [7] - Greg Franks, BP's senior vice president of mobility and convenience for the Americas, will serve as the interim CEO while maintaining his current responsibilities [8]