Corporate News

Corporate news affecting the convenience store industry

Acosta Sales & Marketing Co. has signed a definitive agreement for an equity investment by AEA Investors, a New York City-based private equity investment firm.

JACKSONVILLE, Fla. -- Acosta Sales & Marketing Co. has signed a definitive agreement for an equity investment by AEA Investors, a New York City-based private equity investment firm. With this transaction, Berkshire Partners' 2003 investment, which produced solid growth for privately-held Acosta...

High energy costs beginning to stunt economic growth, he says

WASHINGTON -- Former Federal Reserve Chairman Alan Greenspan said Wednesday that while the country has been able to absorb sharp increases in oil prices, high energy costs are beginning to stunt economic growth. But he also said sharply higher oil prices have not produced any serious erosion of...

Eric Mettemeyer has been promoted to the position of CFO at Euronet Worldwide Inc.'s U.S. Prepaid and Money Transfer divisions (PaySpot & Veloz, respectively).

LEAWOOD, Kansas -- Eric Mettemeyer has been promoted to the position of CFO at Euronet Worldwide Inc.'s U.S. Prepaid and Money Transfer divisions (PaySpot & Veloz, respectively). Mettemeyer joined the Euronet team in 2003 and most recently served as treasurer. Euronet's executive vice president...

Elk Grove unit one of 10 expected to open this year
Retail construction serviced division merges with Diamond Z Engineering
Kroger promotes Tarver to VP c-store, petroleum division; adds E85 in Texas
March Networks to acquire Trax Retail Solutions
Holiday Stationstores has announced that Brian Hooks will join the company as vice president of sales and marketing.
Radiant Systems said that it has promoted Jimmy Frangis to the position of vice president of sales for its global petroleum and convenience retail division.
Latest c-store will be chain's first at an airport.

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