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Company News

Foxtrot, Dom’s File for Chapter 7 Bankruptcy

 By Greg Lindenberg and Hannah Hammond on May 15, 2024

But is a brand revival in the works?

Company News

New Owner of SQRL Convenience Stores Tries to Force Bankruptcy

By Hannah Hammond on May 15, 2024

Gas Hub Investments says company owes more than $3 million in unpaid rent

Company News

Global Partners Reports $5.6 Million First-Quarter Net Loss

By Chuck Ulie on May 08, 2024

Owner of Alltown Fresh says gas distribution, station operations segment performed well, partly offsetting less favorable market conditions in wholesale, commercial segments

Company News

bp Reports $2.3 Billion Profit for First-Quarter 2024

By Rachel Gignac on May 07, 2024

Earnings also reveal plans to deliver at least $2 billion in cash cost savings by the end of 2026

Company News

Foxtrot Market’s Assets to Be Sold in Foreclosure Sale

By Heather Lalley on May 07, 2024

The sale, scheduled for Friday, includes all inventory, intellectual property, equipment and more from the urban c-store chain which closed suddenly last month

Company News

Another Parkland Investor Calls for Strategic Review

By Rachel Gignac on Apr. 19, 2024

Engine Capital lays out concerns in a letter after Simpson Oil’s requests were rejected

Company News

Parkland’s Largest Shareholder Calls for Strategic Review

By Hannah Hammond on Apr. 15, 2024

Fuel distributor, convenience retailer says review is ‘unnecessary’

Company News

EG Group Eyes Exit From Australia, Co-CEO to Step Down

By Rachel Gignac on Apr. 05, 2024

After buying 540 gas station sites 2018, chain is ‘eager to sell a business unit it has already had to write down in value twice’

Company News

U.S. Convenience-Store Sales Reach New Highs

By Greg Lindenberg on Apr. 04, 2024

Foodservice drives in-store sales, which grew 8.2% in 2023, according to NACS

Company News

Acquisition of 64 Convenience Stores Helped Make 2023 ‘Transformational’ for Global Partners

By Chuck Ulie on Mar. 07, 2024

Alltown Fresh owner reports fourth-quarter, full-year financials; adding c-stores helped propel market diversification, growth potential, CEO says

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