Market News
13Apr2006 |
Couche-Tard Expands AgainCanadian convenience-store giant, Alimentation Couche-Tard Inc. says it has inked a deal—through its Circle K Stores Inc. subsidiary—to purchase 90 convenience outlets from Spectrum Holding Inc. Although terms of the deal were not disclosed, Laval, Que.-based Couche-Tard said the stores, located in Georgia and Alabama, would add sales of US$325M to its revenues and contribute to its earnings on an annualized basis. With its network of 4,909 stores, Couche-Tard is the third-largest c-store retailer in North America. Source: Canadian Grocer E-Newsletter, April 13, 2006. 
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