Corporate News

Corporate news affecting the convenience store industry

Sees Getty profitability, refinery purchase, SEC listing down the road

NEW YORK -- Lukoil Americas, a unit of privately held Russian oil company Lukoil, said it does not expect to break even until at least 2008 on the gas stations it operates in the United States. We have not reached profitability so far, Leonid Fedun, a vice president for Russia's largest oil...

Petroleum and convenience store pioneer Frank B. Fehsenfeld has died, reported The Grand Rapids Press.

GRAND RAPID, Mich.-- Petroleum and convenience store pioneer Frank B. Fehsenfeld has died, reported The Grand Rapids Press. The 91-year-old Fehsenfeld spent his life in the gasoline and petroleum business. His grandfather built one of the first gas stations in Grand Rapids and by 1936, his grandson...

Aggressive growth of Fas Mart and Shore Stop in the Southeast is the likely result of the recent change in ownership for the retailer's parent company.

MECHANICSVILLE, Va. -- More aggressive growth of Fas Mart and Shore Stop in the Southeast is the most likely result following the recent change in ownership for the retailer's parent company, according to Dave McComas, CEO of GPM Investments LLC. Unlike our old investor, these guys have some roots...

U.K. retailer hiring talent, moving forward with its U.S. c-stores
Moeder was VP of c-stores, fuel, Turkey Hill
Steve Henry, vice president of sales for Gilbarco Veeder-Root, has confirmed that he will leave the company at the end of August.
Couche-Tard places high on IGD global heavy-hitters list
Company converting BP Connect units to am/pm brand in South Florida
Pantry completes acquisition of 38 c-stores in Ala.
Texas retailer seeks $115 million payday, plans 16-20 new stores in 2006, 2007

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