Couche-Tard reported total revenues increased by 37.3%, an additional US$17.0 bn, to US$62.8 bn, in its 2022 financial year. The company reported broad based growth across geographies, store-based sales, and for fuel, which was driven by rising prices, rather than increases in volume. Key numbers from the full year results… Total revenue up 37.3% to US$62.8 bn Merchandise and service ...

Couche-Tard, Circle K’s parent company, is partnering with tech-company, Mashgin, to roll-out its touchless checkout system to more than 7,000 stores over the next three years. Eight times faster than traditional self-checkout Described by the company as a “Smart Checkout” system, Mashgin has developed an AI-powered self-checkout system which can improve customer checkout times by as much as...

According to a report by The Wall Street Journal, Couche-Tard and EG Group could potentially merge, with the latter valued at around US$16bn. Where do the two businesses overlap? The convenience market in the U.S is highly fragmented, with approx. 150,000 stores trading. Couche-Tard is the second largest operator with about 7,150 sites, while EG has approx. 1,700 stores. The merger could he...