Jessica Loder

Washington, D.C., United States

Editor at C-Store Dive

Articles

7-Eleven to open 1,300 new stores through 2030

1 week ago | restaurantdive.com | Jessica Loder

7-Eleven plans to open 1,300 new stores in North America through 2030, according to its parent company Seven & i Holdings’ fiscal fourth-quarter earnings presentation last week. The retailer also expects to roughly double the number of stores with QSRs from 1,080 to 2,100, incoming CEO Stephen Dacus said during the fiscal Q4 earnings call.
Pilot EV charging network passes 130 locations

1 week ago | truckingdive.com | Jessica Loder

This audio is auto-generated. Please let us know if you have feedback. Pilot Company’s electric vehicle charging partnership with General Motors Energy and EVgo has reached over 130 locations in more than 25 states, according to a March 20 announcement. This puts Pilot more than a quarter of the way to reaching its target of at least 2,000 charging stalls across 500 locations. The partnership between Pilot, GM and EVgo began in 2022, and the companies opened their first charging location in 2023.
BP searching for next board leader

1 week ago | cstoredive.com | Jessica Loder

This audio is auto-generated. Please let us know if you have feedback. BP Board Chair Helge Lund announced that he plans to step down from his role “in due course,” according to an announcement from BP earlier this month. The company has begun the process of finding a successor, led by Senior Independent Director Dame Amanda Blanc. BP’s next chairperson, once selected, will work with Helge during a transition period, after which Helge will leave the board.
7-Eleven to open 1,300 new stores through 2030

1 week ago | cstoredive.com | Jessica Loder

This audio is auto-generated. Please let us know if you have feedback. 7-Eleven plans to open 1,300 new stores in North America through 2030, according to its parent company Seven & i Holdings’ fiscal fourth quarter earnings presentation last week. The retailer also expects to roughly double the number of stores with QSRs from 1,080 to 2,100, incoming CEO Stephen Dacus said during the fiscal Q4 earnings call.
Wawa holding grand openings in 2 new states

1 week ago | cstoredive.com | Jessica Loder

This audio is auto-generated. Please let us know if you have feedback. Wawa will hold a grand opening for its first Ohio store on April 16 in Liberty Township, according to a company announcement. Its first Indiana store, in Dalesville, will follow on May 15, according to a LinkedIn post from last week.
Why Seven & i is taking 7-Eleven public

1 week ago | cstoredive.com | Jessica Loder

This audio is auto-generated. Please let us know if you have feedback. The future of 7-Eleven Inc., the North American arm of international c-store giant Seven & i Holdings, remains up in the air, as leadership mulls a potential sale to Alimentation Couche-Tard alongside preparing to spin 7-Eleven off into its own company.
3 Big Numbers: Digging into 7-Eleven’s earnings

1 week ago | cstoredive.com | Jessica Loder

This audio is auto-generated. Please let us know if you have feedback. 3 Big Numbers is a weekly column that looks at a few key details from around the c-store industry. Seven & i Holdings, parent company of 7-Eleven, released its fiscal Q4 and full-year earnings on Wednesday, and there was a lot to talk about.
Onvo launches updated app

2 weeks ago | cstoredive.com | Jessica Loder

This audio is auto-generated. Please let us know if you have feedback. East Coast c-store retailer Onvo unveiled its “next-generation” mobile app on Tuesday, according to an announcement from the company. The refreshed mobile experience is faster and more streamlined for users and gives Onvo Rewards members access to personalized offers and age-restricted promotions while making it easier to track and redeem rewards points, called Hoots.
Seven & i, Couche-Tard make ‘no meaningful progress’ on antitrust concerns

2 weeks ago | cstoredive.com | Jessica Loder

This audio is auto-generated. Please let us know if you have feedback. Alimentation Couche-Tard’s bid for Seven & i Holdings, the Japanese owner of 7-Eleven, remains hung up on “serious U.S. antitrust challenges,” said Ryuichi Isaka, Seven & i’s outgoing CEO, in a statement on Wednesday. Isaka added that Seven & i and Couche-Tard — who have been in merger talks for eight months — have made “no meaningful progress on finding a solution” to these issues.
Seven & i’s full-year operating income falls by over 20%

2 weeks ago | cstoredive.com | Jessica Loder

This audio is auto-generated. Please let us know if you have feedback. Seven & i Holdings, parent company of 7-Eleven, saw its operating income fall over 21% to 421 billion yen, or about $2.91 billion, during fiscal 2024, according to the company’s full-year earnings report. In the U.S., 7-Eleven’s same-store sales fell 2.7% in fiscal 2024 and are expected to contract by another 1.5% in fiscal 2025, according to the company’s earnings presentation.