Couche-Tard news

03 May 2022
According to a report by The Wall Street Journal, Couche-Tard and EG Group could potentially merge, with the latter valued at around US$16bn. Where do the two businesses overlap? The convenience market in the U.S is highly fragmented, with approx. 150,000 stores trading. Couche-Tard is the second largest operator with about 7,150 sites, while EG has approx. 1,700 stores. The merger could he...
21 March 2022
Circle K, Lawson and AmPm are bringing virtual experiences to its customers. We share the key highlights and our view on some of the benefits. Our view Metaverse provide brands a platform to learn and create moments of engagement, e.g. opportunities for promotions and games within this new space. Content and conversations with consumers will be quite different from social media. Businesses ...
17 March 2022
We review Couche-Tard’s results for the nine months ended 30 January 2022. Key numbers for the nine months YoY Total revenue up 38.3% to US$46.3bn Merchandise and service revenues up 5.7% to US$12.8bn Road transportation fuel revenues up 55.6% to US$32.9bn Same-store merchandise revenues up 5.8% in Europe and other regions (including Hong Kong), 1.7% in the U.S and -4.2% in Cana...
26 January 2022
We highlight some of the latest loyalty programmes from convenience retailers around the world, including 7-Eleven, Circle K, Valora, Sheetz, and more. IGD view: customer lifestyle loyalty As more retailers upgrade the functionality of their mobile apps, new ways to interact with consumers will be available. Embedding loyalty programmes and personalised communication will help integrate off...
20 January 2022
We highlight five trends that will shape the convenience channel this year and beyond. RA subscribers can access the full report here . 1) Return of regional divergence COVID-19 removed a lot of the nuances between convenience stores in different markets and regions globally. Many retailers incorporated a wider selection of pantry and essential items. While some categories w...
19 January 2022
We round up some of the latest initiatives by Circle K, including the latest technology that it has introduced to enable frictionless fuel payments in Europe. Using technology to improve the experience  Following the roll-out of Automatic Number Plate Recognition technology to 284 stores in Sweden last year, Circle K is now expanding deployment in Norway and Denmark. In the latter, the reta...
24 November 2021
We review Couche-Tard’s results for the half ending 10 October 2021. Key H1 numbers YoY Total revenue up 36.5% to US$27.8bn Merchandise and service revenues up 5.6% to US$8bn Road transportation fuel revenues up 54.8% to US$19.4bn Same-store merchandise revenues up 5.9% in Europe and other regions (including Hong Kong), 0.6% in the U.S and -6.1% in Canada Same-store fuel...
13 October 2021
Circle K has retrofitted a store with Standard AI’s autonomous checkout technology in Tempe, Arizona, U.S. The launch follows a successful pilot last year. Our view One of the major benefits of Standard AI’s platform is that it is designed to work without using facial recognition. This will widen the scope of customer adoption, especially those that have data privacy concerns. Biometric a...
13 September 2021
Our latest research provides recommendations on how you should prepare for energy transition in convenience retail. Available to IGD Retail Analysis subscribers: The future for forecourts in Europe Below are some of the key highlights… Looking for more insight? Retail Analysis subscribers can read more here: Your guide to convenience...
01 September 2021
We review Couche-Tard’s results for the quarter ending 18 July 2021. Key numbers: total revenue up 39.8% to US$13.6bn Q1 merchandise and service revenues up 5.4% to US$4.1bn Same-store merchandise revenues up 5.9% in Europe and other regions (including Hong Kong), -0.2% in the U.S and -9.6% in Canada Q1 road transportation fuel revenues up 51.7% in Europe, 65.5% in the U.S and 68.1...