C-store Top 10 | CVS Cuts 2.9K | Ace #5 | NC Mules

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A historic strike is underway at U.S. ports at CNBC. “Danish shipping giant Maersk has warned that just a one-week shutdown could take four to six weeks to recover from…” Read more

 

…Can West Coast ports absorb East and Gulf Coast import volumes? at Fox News. “I don’t think we’re going to see a lot of re-routing. I do think that the ports on the West Coast are preparing for some increase in volume associated with that. But their ability to absorb nearly 50% of the import volume is not even a remote possibility,” (EVP @ ASCM) Kent said.” Read more

 

CVS explores options including potential break-up at Reuters. “The plan to potentially split the company’s pharmacy chain and the insurance business has been discussed with the board of directors, which is yet to decide on the best course of action for CVS to pursue.” Read more

 

…CVS to lay off nearly 3,000 employees at The Hill

 

Supplies arrive by plane and mule to North Carolina as Helene death toll tops 100 at Politico. “Several dozen people gathered on high ground in Asheville, where they found one of the city’s hottest commodities — a cell signal. “Is this day three or day four?” Colleen Burnet asked. “It’s all been a blur.” Read more

 

…Home Depot and Lowe’s join Hurricane Helene relief efforts

 

Consumers have crowned Wawa the nation’s No. 1 c-store chain at CNBC

These are the ACSI’s top scoring c-store chains: 

  1. Wawa 
  2. QuikTrip
  3. Buc-ee’s
  4. Murphy USA 
  5. Casey’s General Stores 
  6. Sheetz 
  7. Kwik Trip 
  8. BP 
  9. Cumberland Farms 
  10. Speedway 

 

PetSmart CEO J.K. Symancyk is stepping down immediately. Alan Schnaid, who has served as the Company’s CFO since 2017, will serve as interim CEO until a successor is in place. Press release

 

The Franchise Times Top 400 (7-Eleven #2, Ace Hardware #5) Full list

 

As big supermarkets pursue profits, new research shows growing exploitation of shrimp farmers at AP News. “The analysis of the industry in Vietnam, Indonesia and India, which provide about half the shrimp in the world’s top four markets, found a 20%-60% drop in earnings from pre-pandemic levels as producers struggle to meet pricing demands by cutting labor costs.” Read more

 

When the dollar store closes, US families on food benefits lose a lifeline at Reuters

 

San Jose’s record sixth Costco getting closer to reality, and not everyone is happy at Fox News. “The location is inappropriate,” Julie Reynolds, president of the high school’s Parent Teacher Student Association, said, according to the Spotlight. “It’s less than 50 feet from long-established homes, close to several parks, across from assisted living centers and 1,000 feet from a high school.” Read more

 

Amazon workers ‘rage apply’ for other jobs after RTO mandate adds hours to commute: ‘I will not go back’ at NY Post

 

Mexico antitrust regulator to rule on Walmart unit in coming days says at Reuters. “Mexican antitrust regulator Cofece…had alleged that Walmart de Mexico was imposing prices and terms on its suppliers or distributors…” Read more

 

2-year-old child is OK after getting stuck playing in Amazon package locker at GeekWire

 

How Walmart Is Connecting Shoppers With Jobs at Progressive Grocer. “Manpower recently opened two job “hubs” in Walmart stores, in Sturtevant, Wis., and High Point, N.C., and plans to unveil four more within the coming weeks at locations in Texas, Minnesota and North Carolina.” Read more

 

Why Do All These 15-Year-Old Boys Want to Smell Like the 1990s? at WSJ. “About 44% of boys ages 12 to 14 and 57% ages 15 to 17 use fragrance, according to market-research firm Mintel. Fragrance is the fastest-growing beauty category in 2024, up 15% since January, according to market-research firm Circana.” WSJ subs.