Casey’s Acquires Gas ‘N Shop
Ankeny, Iowa, Convenience store chain Casey’s General Stores has completed its acquisition of 51 Gas ‘N Shop stores, Lincoln, Neb.
Casey’s will close 11 of the Gas ‘N Shop locations in the expectation that sales will transfer to the Casey’s stores in the area. The remaining 40 will be re-branded as Casey’s.
Wal-Mart Settles With Overcharged Customers
Bentonville, Ark., As settlement with Wisconsin customers overcharged for bulk items such as grapes and grind-it-yourself coffee, Wal-Mart has agreed to pay $25,117.
State weight inspectors discovered that Wal-Mart was adding the weight of the bag when calculating charges by weight for the bulk products. For commodities sold by weight, the declared weight must be exclusive of the packaging.
Read All About It: Shrink Mitigation
New York City, Of all the problems faced by retailers, one of the biggest is shrink. Business process are at the heart of limiting the damage, according to Cisco executives Dean Sivara and Ed Jimenez. Their article “Cutting Shrink Down to Size,” describes how integration and mobility reduce shrink-related losses and boost profitability. For the complete article, click on the “Guest Commentaries” tab at the top of the page.