Corporate News

Corporate news affecting the convenience store industry

Confident Fresh & Easy concept will be a hit there, nationwide

LAS VEGAS -- At a press conference at the Wynn Resort in Las Vegas this morning, Tesco PLC will officially announced plans to enter the Las Vegas market with up to six new Fresh & Easy Neighborhood Markets as part of its initial entry into the U.S. marketplace. The company will also present the...

CEO Kaplan adds chairman title; Schiesser named president, COO; Walker named EVP

PROVIDENCE, R.I. -- With the recent passing of company founder Warren Alpert, Warren Equities Inc. has realigned its management team. The company said that Herbert Kaplan, formerly president and CEO, has been named chairman and will continue to serve as the organization's CEO. Also, Gus Schiesser,...

Announces acquisition of four stores; completes purchase of 11 Fast Phil's sites in S.C., one site in N.C.

SANFORD, N.C. -- The Pantry Inc. said that it has entered into definitive agreements to acquire four convenience stores through three transactions. These stores include one in Naples, Fla., the company's fifth store in that market; two in North Carolina; and one in Alabama. The retailer has also...

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
Will feature loyalty program
Donation celebrates new-store opening
New retailers position themselves in c-store, gas station space
Court schedules injunction hearing
"Green credentials make CEO Leahy "increasingly encouraged" about prospects.