If $38 is enough for half of Casey's share- holders, $38.50 may put Couche-Tard over top
LAVAL, Quebec -- Call it negotiating without ever speaking. What looked like a nail in the coffin may actually have given Alimentation Couche-Tard the monetary insight it needed to advance its effort to purchase the Midwest convenience store chain.
This past week, Casey's General Stores agreed to buy back 25% of its outstanding shares for $38 per share; however, the offer led shareholders to tender nearly half the company's stock, a result that clearly showed Couche-Tard what price investors consider fair. Thus, Couche-Tard countered yesterday—as reported in a Morgan Keegan/CSP Daily News Flash—by boosting its tender offer from $36.75 to $38.50 per share.
PepsiCo continues bottler integration with direct-store delivery for c-store channel
PURCHASE, N.Y. -- PepsiCo Inc. is changing its method of distribution for its Gatorade products in the convenience store, UDS ("up and down the street") and dollar store channels of trade from a warehouse-delivered go-to-market system to direct-store delivery (DSD) through both company-owned and independent bottlers in the United States and Canada.
CBC, CSP introduce independent c-store marketing program through alliance
OAK BROOK, Ill. -- Described as "the industry's most comprehensive resource for insight into independent c-store operators" Retail Market Intelligence and CSP Information Group have announced the release of a 60,000-plus database available to industry suppliers looking to market to the 1- to 10-store independent channel.
Retail Market Intelligence (RMI) is the data insights division of Consolidated Buying Co. LLC (CBC). CBC has spent more than 15 years building relationships with top independent operators. CSP Information Group, the industry-leading publishing company, has been cementing relationships in the convenience retailing business for more than 20 years. Together, through RMI's database and marketing services, the two companies offer this unprecedented access to independent operators.
Rewards program lets customers to use Kroger Plus Card at fuel centers, stations
Outlook Leadership continues to provide the time, place and activities business leaders and their organizations need to develop meaningful relationships that result in long-term business success.
When: August 22-24, 2010
Where: Salt Lake City, Utah
Grand America Hotel
That's when the retail industry feels the first shocks thrust by the FDA on tobacco merchandising and marketing.
Get the latest on legislation, sales and trends from UBS tobacco analyst Nik Modi and Swedish Match category management director Joe Teller in this special 60-minute CSPNetwork CyberConference.
Presenting:
Nik Modi UBS Tobacco analyst
Joe Teller Director, Category Management at Swedish Match N.A.
Click here to register for an On-Demand Recording of this event. Suppliers: $49
Are you ready to take your foodservice program to the next level? Should you market like a QSR to win, or are traditional retail strategies more appropriate in this crazy consumer market?
On the heels of the second annual Foodservice at Retail Expo (FARE), and a follow-up to this spring's popular "20 Solutions in 20 Minutes" CyberConference, Fare magazine presents "Foodservice Trend Translations." In this fast-paced, high-energy webinar, foodservice consultant Ira Blumenthal and Fare executive editor Abbie Westra will explore 20 foodservice trends translated into actionable, profitable ideas for your operation.
Visit 24-7 Connect.
Go directly to the tradeshow and
login with your email address
24-7 Connect Virtual Expo is a permanent online tradeshow featuring listings and information-packed virtual booths for thousands of industry suppliers, arranged by product category. There are more than 100 detailed information subcategories, all searchable by product and supplier.
24-7 Connect provides all attendees the ability to:
Access downloadable information on the industry's latest products and services
Search for contact information for thousands of industry suppliers
Drop a Virtual Business Card to request contact or arrange a meeting
Store items in your briefcase for up to 10 days and email them to a colleague
Search for products and services in more than 100 detailed sub-categories
Tobacco Update: Featuring Nik Modi and Joe Teller 
Click Here
