Corporate News

Corporate news affecting the convenience store industry

Sites offer fuel, expanded food, beverages, more

BENTONVILLE, Ark. -- Wal-Mart Stores Inc. has debuted a new convenience-store concept for its Supercenters. The two pilot locations are in Rogers, Ark., and Crowley, Texas. The Crowley location opened on Jan. 24; the Rogers location opened Jan. 31. At 2,500 square feet, the stores are larger than...

Kremke will also take on CFO role after Assi Ginzburg’s resignation

BRENTWOOD, Tenn. -- Delek U.S. Holdings Inc. and Delek Logistics Partners LP have hired Kevin Kremke to join the companies as executive vice president, effective April 1. Kremke, who has nearly 20 years of financial experience in the energy sector, will hold this role until June 1, at which point...

Move allows retailer to work toward its goal of ‘building the top convenience-store franchise’

RICHMOND, Va. -- Harvest Partners SCF, a non-control private equity investor, has completed the acquisition of a $62.5 million minority ownership position in GPM Investments, a privately owned convenience-store company. Terms of the transaction were not disclosed, but the investment provided...

It’s a jungle out there … and sometimes in the store, too

Two authors disagree on whether the digital retail giant can run a successful brick-and-mortar business

U.S. c-store industry invested more than $6 billion in upgrading stores in 2015

An exclusive look at the retailer’s c-store concept, which aims to find ‘where digital meets physical’

How is Wawa responding to Amazon’s anticipated foray into small-box convenience formats? Wawa President and CEO Chris Gheysens shares his insights

New SVP of content brings digital growth experience to CSP, Restaurant Business, more

Retailer breaking into Buckeye State, leveraging new distribution center