Corporate News

Corporate news affecting the convenience store industry

Combines convenience, gas, grocery pickup

THORNTON, Colo. -- Wal-Mart opened its latest small-format concept store in Thornton, Colo., on Dec. 1, according to a report by The Denver Business Journal . The 4,000-square-foot location is a convenience store, gas station and online grocery order pickup site. Customers place grocery orders...

Will move forward with increase despite judge’s injunction

ALTOONA, Pa. -- Sheetz Inc. has announced that all of the company’s salaried employees will earn a minimum base salary of $47,500 per year. The convenience-store retailer made the decision in connection with the proposed Federal Labor Standards Act (FLSA) rule from the U.S. Department of Labor that...

Kum & Go executive among leaders who have enhanced state's economy, communities

DES MOINES, Iowa -- The Greater Des Moines Committee on Dec. 1 recognized Kyle J. Krause, president and CEO of Kum & Go LC , among its 2016 inductees to the Iowa Business Hall of Fame. The Iowa Business Hall of Fame honors the achievements of Iowans who have made outstanding contributions to...

Opening four stores by year’s end, with more to come
Weather, pipeline issues weigh down quarterly results, but don’t hinder momentum

Many 'positive changes on the horizon,' company says

Scoggins takes lead role in the new Mapco Express company
New combined company makes leadership changes
Investor argues oil company, retailer is 'severely undervalued' and should consider strategic opportunities.
Activist portfolio manager wants to 'unlock $14 billion in value'.