We review Couche-Tard’s second quarter performance and the range of programmes and pilots underway which could underpin future growth for the Circle K operator. Strong Q2 performance Total Q2 merchandise and service revenue increased by 2.3% to $3.5bn, with same-store merchandise revenues up 3.3% in Europe, 3.2% in the US and 2.1% in Canada. Net earnings increased 22.3% to $578.6m. These re...

Alimentation Couche-Tard has submitted a AU$8.6bn (US$5.8bn) bid to purchase Caltex Australia. Caltex battling profit downturn The Alimentation Couche-Tard offer is subject to board approval and follows another offer that was made in early October and rejected. Caltex has been repurposing its business in Australia due to a significant downturn in profit margins and already plans to look to ...

Loblaw is extending the range of products that it offers online through the development of an online marketplace. Extended range and supplier partnerships Through this new marketplace, Loblaw will offer an extended range of brands and products across baby, toy, home, kitchen and pet categories. Although the retailer offers a broad general-merchandise offer through its hypermarkets, this wil...