Industry News

The new bidder, Ito-Kogyo Co., is a private company affiliated with Junro Ito, Seven & i’s vice president and representative director. Dive Brief: Ito-Kogyo’s bid for Seven & i comes as the world’s largest c-store retailer resists a takeover attempt by Alimentation Couche-Tard, parent company of Circle K convenience stores. After rejecting a $39 billion bid in early September, Seven & i received a revised offer from Couche-Tard last month, which Bloomberg reported could be as high as $47 billion. Seven & i Holdings, parent of 7-Eleven, has received a buyout proposal from one of its executives along with one of its largest shareholders, the company announced on Wednesday. The shareholder, Ito-Kogyo Co., is a private company affiliated with Junro Ito, Seven & i’s vice president and representative director. Ito is also the son of Masatoshi Ito, founder of Seven & i’s Ito-Yokado supermarket chain. The buyout price was not disclosed, although Bloomberg reported it may be around $58…

The Accredited Distributors management and sales teams travelled to Brisbane for the Mondelez Cadbury conference. Craig Bain and Stuart Hobbs along with the management team spoke of the success of the company in 2024. Sales Rep of the Branch and the Overall Accredited Sales Rep of the Year were awarded at the annual event Albury Branch: Rep of the Year 2024 – Josh McDonald Bendigo Branch:Rep of the Year – Shane Dole Dandenong Branch:Rep of the Year – Rita Parra Geelong Branch Overall REP OF THE YEAR  Jack Magee Geelong Branch Kane Leeds from Snackbrands presented the winner of the Bali incentive at the dinner. Ledian Bytyqi from the Geelong Branch won the overall Bali Incentive. 2nd – Josh McDonald Albury3rd – Balu Vanteru Albury4th – Jack Magee Geelong5th – Jayme Lee Payne Geelong

Victorians have returned more containers than any other scheme in the country in the first year of the Allan Labor Government’s Container Deposit Scheme (CDS Vic) – with a billion containers saved from landfill and $100 million back in the pockets of Victorians and charities. Minister for Environment Steve Dimopoulos today celebrated the milestone on the one-year anniversary of the CDS Vic at the launch of a new display at Scienceworks that teaches students about the lifecycle of a bottle when returned through the scheme. Since the scheme started on 1 November last year, more than $950,000 has been raised for charities andcommunity groups thanks to the outstanding efforts of over 4,200 donation partners. Victorians are recycling an average of 145 containers per return, with more than 26 million containers deposited the week following the AFL Grand Final – the biggest week of returns on record. Before CDS Vic was…

The acquisition consists of 132 Enmarket stores and nearly 26 Enmarket car washes. Nouria has signed a definitive agreement to acquire Enmarket from its parent company, Colonial Group. According to a press release from Nouria, the acquisition “marks a significant milestone in Nouria’s strategic expansion, positioning the company to serve new markets while continuing to provide an award-winning customer experience.” Colonial Group is a Savannah, Georgia-based company with roots in the energy and logistics sectors. Enmarket, its retail convenience store subsidiary, has locations in Georgia, South Carolina, and North Carolina. “We are thrilled to welcome Enmarket into the Nouria family,” said Tony El-Nemr, founder and CEO of Nouria. “This acquisition reflects our shared dedication to enhancing customer experiences and allows us to bring our award-winning service to new communities in the Southeast. We are confident this will be a seamless integration that benefits both our new customers and the Enmarket…

The retailer’s key growth pillars will help the chain expand while remaining a channel leader that meets consumers’ evolving needs. IRVING, Texas — 7-Eleven Inc. is embarking on a multipart effort to solidify the company’s role as a convenience channel leader in a changing landscape while making sure consumers get what they want, when they want it and how they want it. CEO Joe DePinto discussed four key growth pillars during parent company Seven & i Holdings Ltd.’s recent investor presentation: grow proprietary products; accelerate digital and delivery; improve efficiencies and cost leadership; and grow and enhance store network. [Read more: Couche-Tard Executives Ramp Up Pursuit of 7-Eleven’s Parent Company] The retailer’s store network will build on what 7-Eleven has learned from its Evolution Stores, which serve as experiential testing grounds for customers to try its latest products and innovations. The company used these learnings to develop a New Standard store format, which features…

Businesses could seek to bar people who exhibit violent or intimidating behaviour in shops and shopping centres, under tough new laws proposed by the State Government. The move is aimed at strengthening protections for retail workers and shoppers, with the Government set to consult with key industry and union stakeholders on the possible establishment of a workplace protection order scheme in South Australia. The scheme would operate in a similar manner to intervention orders, with businesses able to apply to the Magistrate Court to prevent individuals who have been violent in a workplace from revisiting that business for up to a year. Similar barring orders are in place for public transport. It would cover acts of physical violence, sexual violence, threatening behaviour, stalking, harassment and damaging property. Offenders who breach an order could face up to five years in jail. It follows significant action by the Malinauskas Labor Government to…