Corporate News

Corporate news affecting the convenience store industry

Dollar General Corp. has entered into an agreement to be acquired by affiliates of Kohlberg Kravis Roberts & Co. LP (KKR).

GOODLETTSVILLE, Tenn. -- Dollar General Corp. said that it has entered into an agreement to be acquired by affiliates of Kohlberg Kravis Roberts & Co. LP (KKR) in a transaction with a total value of approximately $7.3 billion, including approximately $380 million of net debt. Under the terms of...

Major Oil selloffs pose questions of what, where and who can capitalize on the opportunities

Editor's note: This is the second of a four-part CSP Daily News series highlighting the selling off of retail assets by the major oil companies. To read yesterday's installment, click here . For a complete picture of how the retail landscape is changing, watch for the March issue of CSP magazine...

Refiner-marketer restructures retail division to rein in overhead costs

SAN ANTONIO -- Refiner-marketer Valero Energy Corp. has implemented a profit-improvement initiative to rein in retail overhead costs, CSP Daily News has learned. The initiative could result in a vastly remade organizational structure, without affecting store-level operations, according to the...

Who will win as major oil companies sell off their retailing assets?
Why one L.A. hipster loves Japanese-style c-store
Couche-Tard moves into Oklahoma with deal to purchase 53 All Star locations from Star Fuel Marts
Famima!! store offers cool factor along with its unconventional products
Reports fourth-quarter, full-year earnings
Former New York Knick and NBA All Star Charles Oakley and his business partner, Anthony Pezzo, are opening a gas station and car wash in Brooklyn, N.Y.
Lawrence J. Butler, chairman and CEO of Butler Capital Corp., named Joseph P. Serio president and chief operating officer of the national business lending firm.