• C-store chain Yesway announced that it has acquired Tres Amigos, a nine-store convenience store chain with units serving various Texas markets, where it joins the Allsup's chain also owned by Yesway.
Terms of the deal were not disclosed.
Yesway now has more than 400 locations in nine states - Texas, New Mexico, South Dakota, Iowa, Kansas, Missouri, Wyoming, Oklahoma and Nebraska.
• The Wall Street Journal reports that, as expected, "Cineworld, the world’s second-largest movie theater chain behind rival AMC Entertainment Holdings Inc., filed a chapter 11 petition in the U.S. Bankruptcy Court in the Southern District of Texas … While movie-theater attendance has recovered somewhat as Covid-19 fears wane, ticket sales still lag behind their prepandemic levels. Aside from a couple of superhero films like 'Black Panther: Wakanda Forever' scheduled for release this fall, theaters are contending with a sparse content slate as some Hollywood studios have limited production, delayed releases or gone straight to streaming amid uncertainty as to when audiences will return in force."