Corporate News

Corporate news affecting the convenience store industry

Closes sale of heating oil, commercial fuels business to Lykins Energy

MASSILLON, Ohio -- Campbell Oil Co. has closed on the sale of its residential heating oil and commercial fuels business to Lykins Energy Solutions and will focus on expanding its retail operation, BellStores Inc. Campbell Oil’s heating oil and commercial fuels business is a major wholesale...

Selling natural gas, electricity businesses to Sprague Resources

WALTHAM, Mass. -- Global Partners LP 's wholly owned subsidiary Global Cos. LLC has signed a definitive agreement to sell its natural-gas marketing and electricity brokerage businesses to Sprague Resources LP for approximately $17.3 million in cash, subject to customary closing adjustments, the...

Retailer unveils refreshed c-store design with Kansas City, Mo., market expansion

Independent retailer’s ‘hybrid’ concept fills Texas town’s grocery gap

Joe Petrowski on why the long decline in c-store/motor-fuel sites is at an end, and where growth will come

Following 2016 growth, new and remodeled stores on agenda for 2017 and beyond

Reaches 500 mark for franchised locations


Separation on table as Marathon conducts ‘full and thorough’ review of retail network’s value
Both boards have approved transaction
Alternatives include retail spinoff