Corporate News

Corporate news affecting the convenience store industry

Plans wider wholesale, retail distribution, acquisitions

DALLAS -- Titan Global Holdings Inc. has released Titan Global Energy's strategic initiatives for fiscal 2008 following the acquisition of Appalachian Oil Co. (Appco). Bryan Chance, president and CEO of Titan Global Holdings, said Titan's mission is to identify and acquire operating businesses that...

Retailer selling 21 stores to strengthen asset base, trim smaller locations

WEST DES MOINES, Iowa -- Kum & Go LC said that it is selling 21 convenience stores and 12 surplus sites as part of its current strategy to concentrate on core markets. As reported in a CSP Daily News Flash last Friday, seven of the 21 operating locations are in Des Moines; three are in Wichita...

Third "challenging" quarter forced chain to lower investor guidance

SANFORD, N.C. -- The main issuegasoline marginsthat made fiscal 2006 a great year for The Pantry is making the current year much harder to bear. This was clearly another challenging quarter for The Pantry, said chairman and CEO Peter Sodini yesterday during a conference call with investors and...

Waddill's Markets Inc., doing business as Express Lane, filed for Chapter 11 bankruptcy protection on Friday.
Empire Petroleum strikes deal to sell half of company to Israeli concern
"Absolutely no substance to any speculation," Hayward said.
Hickory Point renovating, expanding
C-store industry recruiter Malik joins Executive Leadership Solutions
Side-by-side stores being built in Kansas town hit by tornado
Chooses 12 locations, researching more