STOCKS | Circle K Owner Says Inflation and Fuel Costs Are Pressuring Spending

Alimentation Couche-Tard Inc., the Circle K owner, said inflation and higher fuel costs are curbing consumer spending, according to Bloomberg. The convenience and gas station retailer reported record fuel sales as oil prices surged amid the Middle East conflict, but said shoppers are tightening budgets and visiting stores less often. Shares fell the most in more than five months.