Corporate News

Corporate news affecting the convenience store industry

Latest c-store opening just one of several on launch pad for rapidly expanding chain

SPRINGFIELD, Mo. -- The newest in a string of Cody's Convenience Store opened in Springfield, Mo., last week. "We opened up at 5 a.m. and plan to be open from now on, 24/7," owner Curtis Jared of Jared Enterprises Inc. told The News-Leader. "The area definitely needed a convenience store, and this...

Kelly to aid company in finding, training top-shelf replacement

SANFORD, N.C. -- With a top executive leaving The Pantry at the end of November, chairman and CEO Pete Sodini and the rest of the company's board of directors will begin the hunt for a new financial officer with the help of outgoing CFO Daniel J. Kelly. On Friday, The Pantry announced Kelly's...

Panelists share insights, field questions

NEW ORLEANS -- Sales were up, profits were down and credit card fees continued to spiral out of control, according to the industry's top-line 2006 numbers released at the NACS State of the Industry Summit in Partnership with CSP last week in New Orleans. But what does it all mean? Presenters...

Underserved consumer groups represent growth, diversity
McLane addresses old friends and makes new ones at NACS SOI Summit
Offers Z Market c-stores along with fast feeders
Armour addresses efforts to understand customers
Oil companies say FTC decision on acquisition is without basis in fact or law
The convenience industry sees a record sales increase tempered by profit compression
David Portalatin, who tracks customer behavior in the c-store arena for The NPD Group, said location and convenience no longer are certain anchors of success.