Corporate News

Corporate news affecting the convenience store industry

Gulf Coast retailers fighting uphill battle to cover personnel needs

BILOXI, Miss. -- As retailers toil to get their businesses back in order following the chaos created by Hurricane Katrina back in August, the largest hurdle is finding employees. Katrina caused a forced migration that sent residents of the area to different cities and states. The outcome is some...

Manley's Mighty Mart hopes for roaring success at new zoo store

BINGHAMTON, N.Y. -- With school out and warm weather in, a southcentral New York convenience store chain has found a new way to keep its name and products in front of potential customers. Manley's Mighty Mart, based in Binghamton, N.Y., opened its newest store inside the local Binghamton Zoo in...

Offer violated agreement with Sun Capital

INDIANAPOLIS -- Marsh Supermarkets Inc.'s board of directors on Monday took action under its merger agreement with MSH Supermarkets Holding Corp., an affiliate of private investment fund Sun Capital Partners Group IV LP, to reject the higher offer from a second bidder to take over the financially...

NACS reported record year 2005 sales and profits for the convenience store industry during the 2006 State of the Industry Summit in partnership with CSP.
Death comes just two weeks after retirement announcement
Brings deep retail experience to business development task
An exclusive CSP slide show of retailer dispatches from the Gulf Coast
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.
High energy costs beginning to stunt economic growth, he says
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).