Corporate News

Corporate news affecting the convenience store industry

Two foodservice vets to lead "QBA" teams

SIOUX FALLS, S.D. -- Tom Rose, executive vice president and chief customer officer of Hot Stuff Foods, has announced the addition of two 20-year foodservice veterans to the position of division director of operations for the eastern United States. According to Rose, Lisa Mulligan and David Mehl...

Working at third-party consents to complete purchase of 3 stores

FRANKLIN, Tenn. -- Delek US Holdings Inc. said that MAPCO Express Inc., a wholly owned subsidiary, has completed the purchase of 40 retail fuel and convenience stores from Fast Petroleum Inc., for approximately $42 million (excluding inventory). The company had previously announced an agreement...

More stores soon for Couche-Tard

LAVAL, Quebec -- Alimentation Couche-Tard said fiscal 2007 should be a banner year in terms of further expansion for the convenience store chain. I think we're going to have a strong year on the acquisition side and, what I've seen visiting these targets in the last few months, these are great...

Company confirms successor to lead U.S. convenience retail
Costs from increase in electronic payments, ATMs impact profit
Fell joins brewer from Cadbury Schweppes
68 S.C., N.C. stations, stores for sale
Roskams, Blaney will help refine support services, business development
Alarmed by a steep sales decline for Snickers, $18 billion food giant Mars has fired Martyn Wilks, the 20-year company veteran who headed the U.S. snack-food unit.
Mary Parsons has been named vice president of snack platforms and tech center operations at The Hershey Co., effective immediately.