FINANCE

Casey’s acquires five QuikTrip stores in Missouri

BY CSA STAFF

Ankeny, Iowa — Casey’s General Stores has signed a definitive purchase agreement to acquire five convenience stores from QuikTrip Corp. All of the stores are located in the Springfield, Mo., metropolitan area.

The stores will be immediately rebranded to Casey’s once the transaction is completed.

“Springfield has been a great market for Casey’s and we are excited to expand our presence there,” said Robert J. Myers, president and CEO of Casey’s. “These stores have been well maintained and are high volume locations that will be a perfect fit for our proprietary prepared food program.”

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
FINANCE

Walgreens, Rite Aid miss expectations in February

BY CSA STAFF

New York City — Walgreens said Thursday its same-store sales in February rose 3.1%, but the growth was slower than Wall Street expected. Analysts expected, on average, expected a 3.5% increase.

The company said pharmacy same-store sales rose 2.7% but were hurt by generic drug introductions over the last year. Non-pharmacy, or front-end, revenue increased 3.8%.

Rite Aid Corp. said Thursday that its same-store sales rose 1% in February, less than the 1.5% increase analysts had predicted.

Pharmacy revenue increased 0.9% and front-end revenue rose 1.1%.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
OPERATIONS

Zale makes executive appointments

BY CSA STAFF

Dallas — Zale Corp. announced that Jeannie Barsam has been named senior VP merchandise planning and allocation. She was most recently senior VP planning, allocation and company planning for Charlotte Russe.

In other appointments, Zale named Toyin Ogun as senior VP human resources and customer service. Prior to that, he was senior VP human resources, L.L. Bean.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...