Corporate News

Corporate news affecting the convenience store industry

Channel vet joins c-store team

AUSTIN, Texas -- Advantage Sales & Marketing LLC has added Steve Warner to its convenience store team as customer team leader, the company has announced. Warner brings a wealth of knowledge to the c-store channel as his career has included sales and trade marketing positions with Dole Packaged...

Forges deal to pick up 26 locations, negotiation for other properties

RAMAT GAN, Israel -- EZ Energy Ltd. has signed an agreement to buy 26 unidentified gas stations and convenience stores in the United States for $24 million, plus inventory, said Globes Online. The Israel-based firm, a holding company controlled by Eli Zahavi, is also in advanced negotiations to buy...

The Hartley Co. sells 24 retail sites to two buyers

CAMBRIDGE, Ohio -- Premium Petroleum has purchased 24 convenience stores owned by The Hartley Co., sold as part of Hartley's plan to monetize certain assets and reposition the company for growth. While 22 of the stores were purchased by Premium Petroleum, two were purchased by the existing...

Sheetz Inc. yesterday opened a 5,000-sq.-ft. convenience store in Mentor, Ohio. The newest addition is the 24th location in Ohio.
Reports 129% increase in 4Q earnings, record full-year results
The Pantry reports terrible quarter with 8.6 cpg margins on gasoline
Virginia chain files bankruptcy; blames competition, uncompetitive contracts
Merchants applaud congressional call for disclosure from credit card industry
Tops $300 million with sales in 31 states
Net income, revenues down for the period