This story was originally published on C-Store Dive. To receive daily news and insights, subscribe to our free daily C-Store Dive newsletter. Dive Brief: TravelCenters of America has hired Jason Nordin as its new CEO, effective immediately, the convenience retailer announced on Wednesday. Nordin joins TA from discount retailer Family Dollar, where he was president for the past year. He succeeds Debi Boffa, who resigned last month after nearly three decades with TA. Nordin’s hiring coincides with parent ...

Core Viewpoint - 7-Eleven, Inc.'s Laredo Taco Company is launching a limited-edition menu featuring Cheetos Flamin' Hot burrito, taco, and nachos, enhancing their signature dishes with bold flavors [1][3]. Product Details - The Cheetos Flamin' Hot Burrito includes seasoned ground beef, creamy queso, a Monterey-Cheddar blend, and Cheetos Flamin' Hot inside a freshly made tortilla [6]. - The Cheetos Flamin' Hot Taco features seasoned ground beef, melty queso, and Monterey-Cheddar cheese, topped with Flamin' Hot for an extra kick [6]. - The Cheetos Flamin' Hot Nachos consist of crispy tortilla chips layered with seasoned ground beef, drizzled queso, and melted Monterey-Cheddar cheese, topped with Cheetos Flamin' Hot [6]. Availability and Delivery - The Flamin' Hot menu items are available from October 29, 2025, through January 6, 2026, at participating Laredo Taco Company locations [5]. - Customers can order these items through the 7NOW Delivery app, which offers real-time tracking and delivery typically within about 30 minutes [4][5]. Company Background - 7-Eleven, Inc. operates over 13,000 stores in the U.S. and Canada, providing a variety of food options and convenience services [6][7]. - Frito-Lay North America, a division of PepsiCo, is responsible for the Cheetos brand and has net sales of $25 billion [8].

Core Insights - Casino Group has expanded its Renouveau plan to 2030, reflecting confidence in its strategic direction and operational improvements [4][5][6] Financial Performance - The company reported a return to growth in like-for-like sales, with a 2.4% increase in Q2 and 0.5% in H1 2025, alongside a 12% growth in adjusted EBITDA [6][9] - As of September 30, 2025, Casino Group had a liquidity position of €1.22 billion and successfully passed its first solvency test [3][10] Strategic Initiatives - The Renouveau 2030 plan includes modernizing stores, rolling out new concepts, and enhancing franchising efforts, with a focus on convenience retailing and quick meal solutions [4][6][9] - Specific brand initiatives include refurbishing 100% of the Monoprix store network by 2030 and expanding the Oxygène concept in Franprix to around 800 stores [8][9] Market Context - The company is navigating a competitive landscape characterized by increasing pressure from non-food discounters and Asian e-commerce platforms, yet it remains well-positioned in the convenience and quick meal solutions markets [5][6] Financial Restructuring - Casino Group is initiating work to adapt and strengthen its financial structure, aiming to reduce debt from €6.2 billion at the end of 2023 to €1.6 billion by March 2024 [9][14] - The company plans to complete its financial restructuring by the end of Q2 2026, overseen by an Ad Hoc Committee [10][14]

Core Points - Murphy USA's Executive Vice President and Chief Financial Officer, Galagher Jeff, has resigned as of October 14, 2024, after a brief tenure that began earlier in the year [2][3][4] - The resignation follows a financially challenging year for Murphy USA, which saw revenue declines due to significant investments in new store development and a recent layoff of about 100 corporate employees [3][4] - Donald Smith Jr., who has been with Murphy USA since 2013, has been appointed as the interim CFO, with no immediate plans announced for a permanent replacement [6] Financial Performance - Murphy USA experienced revenue declines in 2024, attributed to heavy investments in new store development [3] - The company laid off approximately 100 corporate team members as part of efforts to enhance operational effectiveness [3] Leadership Changes - Galagher Jeff's departure is confirmed not to be due to any disagreements regarding the company's operations or financial performance [4] - Donald Smith Jr. has taken over as interim CFO, having previously served as VP and controller since the company's spin-off from Murphy Oil [6]

Core Insights - The event is taking place at the National Association of Convenience Stores (NACS), which is the largest annual trade show for the convenience retail sector [2] - The company aims to address questions regarding its businesses and the convenience retail end market, emphasizing the importance of educating stakeholders about its strategic vision and growth drivers [2] Company and Industry Overview - The company is focused on providing a better understanding of the convenience retail market and how its businesses integrate within this sector [2] - There is a strong conviction regarding the growth drivers in the convenience retail end market, which the company believes will create significant opportunities [2]

Core Viewpoint - Vontier Corporation has appointed Andy Bennett as Group President of Convenience Retail to enhance customer experience in the convenience store market [1] Group 1: Leadership Changes - The appointment of Andy Bennett aims to unite industry-leading brands under a single leadership structure [1] - This strategic move is intended to create a more seamless customer experience in the rapidly evolving convenience store market [1] Group 2: Market Position - Vontier Corporation is recognized as a leading global provider of critical technologies and solutions for the mobility ecosystem [1] - The company's convenience retail offerings leverage the combined experience of well-established brands [1]

Group 1: Oracle's Strong Performance - Oracle shares surged by 40%, marking the largest one-day increase since the 1990s, driven by a robust forecast for its cloud infrastructure business [5][10][27] - The company expects cloud infrastructure revenue to grow by 77% this fiscal year, reaching $18 billion, with projections of $32 billion next year and $144 billion by fiscal year 2030 [19][27] - Analysts have raised price targets for Oracle, with estimates reaching as high as $400, reflecting confidence in the company's long-term competitive position in the AI infrastructure market [47] Group 2: Market Reactions and Economic Indicators - The Dow Jones Industrial Average saw a slight decline of about 73 points, while the S&P 500 and Nasdaq Composite reached new record highs, indicating mixed market reactions [2][3] - Wholesale inflation unexpectedly declined, reinforcing expectations that the Federal Reserve may cut interest rates in the upcoming meeting [3][27] - The technology sector, particularly driven by Oracle's performance, emerged as the best-performing group, with the XLK sector index up 2.3% [4][3] Group 3: Competitive Landscape and Future Outlook - Oracle's focus on performance and speed in cloud services is seen as a competitive advantage, allowing it to potentially undercut rivals on costs [15][16] - The company is positioning itself as a disruptor in the AI and GPU market, which could lead to a larger book of business than competitors like Google in the future [17][18] - The demand for AI infrastructure is expected to remain strong, with no signs of slowdown, indicating a robust growth trajectory for Oracle and similar companies [20][22] Group 4: Tariff Developments and Market Implications - President Trump is advocating for new tariffs on China and India, with the Supreme Court agreeing to fast-track a case regarding the legality of these tariffs [51][52] - The potential for tariff refunds has raised questions among investors, with implications for Treasury markets if significant refunds are issued [54][56] - The ongoing trade dynamics between the U.S. and China are expected to remain stable in the near term, as the U.S. administration seeks to balance its trade strategies [65][66]

Core Insights - Monoprix and the Zouari family are planning to franchise 27 Monop' stores in Paris and the Île-de-France region as part of Monoprix's strategy to enhance sales momentum and accelerate development with a long-term partner [1][3] - The project includes a renovation plan to modernize the stores to meet the latest Monop' concept standards, with no job losses anticipated [2] - Philippe Palazzi, CEO of Casino Group and Chairman of Monoprix, emphasized that this partnership aligns with the strategy of revitalizing the store network and developing the franchise model [3] Company Overview - Monoprix, a brand under Casino Group, has been transforming urban convenience retailing for over 90 years, operating 625 stores and an e-commerce site [3] - The company reported net sales of €4 billion in 2023, showcasing its robust market presence [3]