Corporate News

Corporate news affecting the convenience store industry

United Fuel & Energy to acquire assets of Reamax Oil

MIDLAND, Texas -- United Fuel & Energy Corp., a distributor of gasoline, diesel, propane and lubricant products to customers in the rural markets of the southwestern and southcentral United States, said that is has entered into a definitive purchase agreement to acquire substantially all of the...

Herbst buying Winner's Corner, car washes from Berry-Hinckley

RENO, Nev. -- Berry-Hinckley Industries recently entered into a contract to sell the company to Jerry Herbst, owner of the Terrible Herbst chain. Herbst will acquire the existing Nevada businesses of Berry-Hinckley including 33 Winner's Corner convenience stores and Chevron gas stations, along with...

Virginia distributor places 12 Kwik Marts on the auction block

GOLDSBORO, N.C. -- Wooten Oil Co., a petroleum marketing, distribution and convenience-store company based in Goldsboro, N.C., is selling its 12 company-operated Kwik Mart c-stores, including two sites less than two years old. These high-volume stores are located in the eastern portion of North...

Fortune asks, will Tesco get a Rocky Mountain high?
Tesco hires Deutsch LA for U.S. Fresh & Easy launch
Grocer breaks ground on prototype with gas, c-store; promotes VPs
Green station has eco-friendly design, solar panels, more; oil company will encourage its other brands to follow suit
Multi-branded regional retailer offering sites in several states
Purchases two more stores in Naples market
Will serve as director of corporate identity