Latest news with #Stewart's
Yahoo
5 days ago
- Business
- Yahoo
Stewart's names new president
This story was originally published on C-Store Dive. To receive daily news and insights, subscribe to our free daily C-Store Dive newsletter. Stewart's Shops Chief Operating Officer Chad Kiesow has been promoted to president of the family- and employee-owned convenience store chain, effective June 1, according to a company announcement. Kiesow's move to president was three years in the making, CEO Gary Dake said. It marks the first time in Stewart's 80-year history that the convenience retailer has a president who is not part of the founding Dake family. 'Chad has been an integral part of the business since he joined us more than three decades ago,' Dake said in the announcement. 'He understands our bottom-up culture and our focus on taking care of our people and the communities we serve.' Kiesow joined Stewart's in 1994 after the company acquired the Bonfare convenience store chain. He began managing Stewart's gas department and moved to vice president of facilities prior to becoming COO over a year ago. His promotion comes during a growth period for Stewart's, which last year decided to sell its remaining shares in the business to the employees. This ownership transition will occur over the next 15 to 20 years. The company also made its largest acquisition in years in late 2024 by purchasing the 45-store Jolley chain, which operates in Vermont, New York and New Hampshire. Kiesow said while it's 'an honor' to take on more responsibility with Stewart's, his promotion to president 'is not a sign of big changes.' 'I still have the same number of bosses that I had last week,' Kiesow said in the announcement. 'The Dakes have never been shy and they are not the kind of leaders who will sit quietly on the sidelines.' Besides his leadership role with Stewart's — which currently operates about 360 stores in the Northeast — Kiesow serves on the boards of the New York Association of Convenience Stores, the Saratoga Regional YMCA and Saratoga County Chamber of Commerce. Recommended Reading Stewart's to buy 45-store chain Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-05-2025
- Business
- Yahoo
Canton Main Street Stewart's sells $10 million lottery ticket
May 14—Canton Main Street Stewart's sells $10 million lottery ticket CANTON — A Stewart's Shops customer in Canton recently struck it rich, winning $10 million with a $10 Million Bonus scratch-off ticket purchased at the convenience store on East Main Street. According to a press release from Stewart's, the lucky customer, who enjoys coffee and playing the lottery, bought the winning ticket on May 3. Stewart's found out about the winner because they returned to the store recently to share the news, according to Stewart's Public Relations Manager Robin Cooper. Cooper said the New York State Lottery may be making an announcement soon, depending on the process with the winner. "We just heard it from the folks in our shop," he said. Cooper said he talked to the lottery commission about the win. Brad Maione, a spokesperson for the state Gaming Commission, said a winning ticket from Canton had been confirmed. To determine the veracity of the ticket, a security and integrity review is underway, Maione said, which can take from four to six weeks to complete. Once the ticket is verified, an announcement will be made. The winner has the right to remain anonymous, he said. This marks the second time a Stewart's Shops customer has won a jackpot of more than $1 million this year. Earlier this year, a customer at the Sharon Springs, Schoharie County, location won a $3.37 million lump-sum payment with a Set For Life ticket. The winner at the Canton Stewart's was playing a $30, $10,000,000 Bonus scratch-off ticket. The ticket operates similarly to other lottery scratch-off games. Players match their numbers to the winning numbers. The game features multipliers, and revealing a coin symbol where a player's number matches automatically wins the prize. Stewart's Shops reported that more than 15 of its customers, including the Canton winner, have won prizes of $10,000 or more playing scratch-off tickets at various locations this year, for a total of more than $15 million.
