SEVEN & I RECEIVES BUYOUT OFFER FROM ONE OF ITS LARGEST SHAREHOLDERS

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…

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‘BE KIND IN RETAIL’INDUSTRY JOINS FORCES TO LAUNCH NEW NATION-WIDE CHRISTMAS CAMPAIGN

A coalition of shopping centre, retail, fuel and convenience, pharmacy, security and cleaning industry groups has joined forces to launch a nation-wide ‘Be Kind in Retail’ campaign for the upcoming Christmas period, as part of an ongoing collaborative effort to combat alarming levels of abuse, violence and the use of weapons against workers. The coalition is comprised of the Shopping Centre Council of Australia (SCCA), National Retail Association (NRA), Australian Association of Convenience Stores (AACS), Australian Security Industry Association Limited (ASIAL), Pharmacy Guild of Australia, and Building Service Contractors Association of Australia (BSCAA). With a central message of ‘Kindness Never Goes Out of Style’, the SCCA, NRA, AACS, ASIAL, Pharmacy Guild and BSCAA are calling on the community to be kind to security guards, cleaners, retail and pharmacy staff, across the upcoming Christmas trading period. The new nation-wide campaign has gained increased urgency as anti-social behavior and crimein retail settings…

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AACS WELCOMES VICTORIA’S TOUGH NEW TOBACCO LICENSING LAWS

Australia’s peak body for convenience stores has welcomed the Victorian Government’s strict new tobacco licensing laws that will see huge fines dished out to any person – or business – caught selling tobacco unlicensed. Australian Association of Convenience Stores (AACS) CEO Theo Foukkare said the Allan Government’s tobacco licensing scheme, unveiled today, would send a strong message to dodgy operators currently selling illicit tobacco products in Victoria that they must shut up shop – and he called on all Members of Parliament to urgently support the laws. “These laws must pass immediately to allow authorities to try and get on top of Victoria’s illicit tobacco war that continues to put the lives of innocent people at risk. We urgently call on all MPs to not only support the laws, but to help get them through parliament before the sitting year ends,” Mr Foukkare said. He said the proposed strict licensing…

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ACCREDITED DISTRIBUTORS AWARDS & CONFERENCE

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

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VICTORIA’S CDS HITS ONE BILLION RETURNS IN FIRST YEAR

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…

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NOURIA SIGNS AGREEMENT TO ACQUIRE ENMARKET

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…

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