Corporate News

Corporate news affecting the convenience store industry

A new generation gap means challenges for retailers in coming years

CHICAGO -- In considering the outlook for retailing over the next eight years, the consultants and researchers at TNS Retail Forward found one overriding trend that will take a toll on retailers: a growing generation gap between aging baby boomers and what the researchers call the Digital...

Upscale Florida station/store/foodservice combo concept offering franchise opportunities

BOCA RATON, Fla. -- NexStore MarketPlace is now offering franchise opportunities in South Florida, the convenience store/gas station/gourmet market/restaurant outlet's founder and CEO Bill Knight told The Boca Raton News. The original concept store opened in December 2004. The new franchise outlets...

Sodini disappointed with bottom line

SANFORD, N.C. -- The Pantry Inc. has announced financial results for its second fiscal quarter ended March 29, 2007. Total revenues for the second quarter were approximately $1.5 billion, a 10.7% increase from last year's second quarter. Net income was $8.4 million, or 36 cents per share on a...

Having passed its 2007 acquisition goal, Southeast chain plans to slow its pace
Announces Fresh & Easy Neighborhood Market plans for Las Vegas, more
Confident Fresh & Easy concept will be a hit there, nationwide
CEO Kaplan adds chairman title; Schiesser named president, COO; Walker named EVP
Announces acquisition of four stores; completes purchase of 11 Fast Phil's sites in S.C., one site in N.C.
Valero Energy Corp. said that Fortune magazine has ranked Valero No. 1 on its new Best Big Companies to Work For list.
Opening Tesco Express, more Tsurukame stores