Posts by theo@aacs.org.au

7-Eleven Australia expects to open three new stores in Queensland by the end of August, spearheaded by a new format concept store in Bowen Hills, which will be a peek into the future of convenience retailing in Australia. The new format concept store will open on Tuesday 6 August at 25 King Street, Bowen Hills. It is one of the largest in 7-Eleven Australia’s network, employing 27 team members. The store stocks an extended range of everyday essentials as well as an expanded food offer, including more meal options for all times of the day. It also offers delivery through UberEats, Door Dash and MenuLog, providing a range of food and convenience essentials to neighbouring residents and workers, either in-store or delivered to their door. According to 7-Eleven CEO and Managing Director Fiona Hayes, “the new format concept store is about providing more of the products our customers want, when they…

The APCO Foundation is excited to announce that the second annual APCO Foundation Giving Day, held on July 30th, 2024, has successfully raised just over $208,000. This remarkable achievement reflects the collective efforts of APCO Service Stations and the generous contributions from the entire APCO community. The Giving Day saw APCO Service Stations come alive with festive decorations, creating an atmosphere of celebration and community spirit across all locations. It was a day dedicated not just to fundraising, but also to recognising the spirit of kindness that thrives within the APCO community. Sharon Gleeson, Chairperson of the APCO Foundation, shared her enthusiasm about the day’s success, stating, “What a sensational second annual APCO Foundation Giving Day! Together, we raised just over $208,000. The entire APCO Community came together in support of the Foundation, and honestly, we cannot believe the generosity of the people and organisations connected to APCO, especially our…

Monterrey, Mexico-based Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA) has entered into definitive agreements with Delek US Holdings Inc. to acquire Delek’s retail operations, consisting of 249 convenience stores located mainly in Texas, for a total amount of $385 million on a cash-free, debt-free basis, including the purchase of inventories. Delek is a downstream energy company with a focus on petroleum refining; its retail operations are being carved out for this transaction. Operating under the DK brand, approximately 90% of Delek’s convenience stores are in the state of Texas, with the remaining sites located mostly in New Mexico and a small presence in Arkansas. Almost all stores have a gas station under the DK and Alon fuel banners; the transaction also includes a small fuel transportation fleet. With a total addressable market of more than $850 billion, more than 150,000 locations and significant fragmentation, the US convenience and mobility market…

With the acquisition of the TMS Ignite network, the VMO On-The-Go network now boasts 1,200 high-transacting petro convenience locations nationally. Sydney, NSW – VMO has announced a strategic expansion of its VMO On-The-Go network, securing advertising rights across 500 premium petro and convenience locations with the acquisition of the TMS Ignite network. The acquisition gives brands access to a strategically placed, high-impact network of digital advertising screens at the entrance to Coles Express and Reddy Express convenience stores. VMO’s expanded VMO On-the-Go network supercharges brands with placement in the booming Petro and Convenience sector, with screens reaching consumers when they are most receptive to advertising messages. With the addition of the TMS Ignite network, VMO On-the-Go now boasts a comprehensive network of 1,200 locations and more than 4,000 screens, making the VMO On-The-Go network the clear market leader in the retail-convenience segment. This expanded reach offers advertisers mass coverage across…

7-Eleven Australia has launched a 10 store trial of the next generation Pay & Go technology to test new ways to give customers a faster way to shop. 7-Eleven Australia’s Pay & Go 2.0 trial, powered by Grabango, enables customers to pay for their shopping using the My 7-Eleven App or in-store kiosk without the need to scan individual items. The technology uses computer vision to allow customers to pay for their shopping with a single tap of a credit card or by using the My 7-Eleven app. The system automatically adds up the items, processes payment, and sends the receipt to the customer. 7-Eleven Australia General Manager-Technology and Strategy, Stephen Eyears said “the next generation of Pay & Go, which has been developed with our partner Grabango, is part of our commitment to trialing innovative digital capabilities to serve our customers and provide them with faster shopping experiences.” “Grabango technology…

“Outraged” traders plagued by armed teen thieves storming petrol stations and convenience stores have called on magistrates to take their plight seriously and get tough on the scourge of youth crime. Fed-up shop traders who have been targeted by armed teenagers stealing cigarettes have called on magistrates to consider the wellbeing of victims amid a surge of armed robberies. Gangs of masked and armed teenagers have been storming petrol stations and convenience stores across town, stealing thousands of dollars worth of legal smokes in daylight and late-night attacks. Under the command of more senior organised crime figures, the teenagers are paid as little as a couple of hundred dollars to steal the goods before passing them on to dodgy retailers. Senior police have noticed a strong rise in the amount of armed robberies at stores since March, while noticing a decline in the amount of car thefts from homes. The teenagers have realised…