Company News

Corporate retail news affecting the convenience-store industry
Company News

ConocoPhillips Asset Sale Update

May let go of refineries sooner than planned; will be "more upstream, less downstream"

Company News

Hess Reports Q3 Financials

Hess Corp. reported third-quarter 2010 net income of $1.154 billion, with $341 million in the third quarter 2009.

Fuels businesses report profit on strength of retail operations

Retailer facing $365 million in debts aims to reorganize 52-store chain

Cites increased rental income, reduced operating costs

Twin Cities Stores sites may sell at prices below existing debt

Meets expectations, doubles earnings due to higher oil prices, better refining margins

Retailer-wholesaler also hires HR executive

Data suggests "very slow recovery" after business-for-sale market bottoms out

Retail, ethanol segments continue to report "impressive" results

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