Corporate News

Corporate news affecting the convenience store industry

Dead River buys Shell units from potato concern

PRESQUE ISLE, Maine The two gas stations in Presque Isle, Maine, are under new ownership after Maine Potato Growers Inc. completed its sale, as well as the sale of its Shell-branded gasoline distribution business, with buyer Dead River Co., according to officials. Dead River acquired the Shell...

Small and midsize jobbers find themselves precariously in the middlesqueezed between the big operators and the mom-and-pops.

OAK BROOK, Ill. -- At a time when acquisition is ramping up, small and midsize jobbers find themselves precariously in the middlesqueezed between the big operators and the mom-and-pops. Exploring the issue of industry consolidation in the May issue of CSP magazine, staff reporters found a...

Convenience store industry consolidation activity highest since 2001

CHICAGO -- If you're getting the sense that consolidations in the convenience store industry are ramping up, you're not crazy. Overall, merger-and-acquisition transaction volumes in 2005 were at the highest levels since 2001, according to Randy Karchmer, managing director at Memphis, Tenn.-based...

Dally to head Michigan, Ohio group
ADM names Woertz, formerly of Chevron, as CEO, president
The Pinnacle Corp. has named the winners of the 2006 Pinnacle Awards. Awards were given out during Pinnacle's Summit.
Breaks ground on 5,200-sq.-ft. store to open before Labor Day
Up 49% from 1Q 2005
Snack food maker Poore Brothers Inc. said that Thomas Tierney, senior vice president of sales, resigned from his current position effective April 17.
The New York Association of Convenience Stores (NYACS) has elected Dick Verona and LaFayette D. Jones III to the New York Convenience Store Hall of Fame.

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