Corporate News

Corporate news affecting the convenience store industry

Net sales up nearly 30%

WARREN, Pa. -- United Refining Co. has reported results for the company's fiscal year ended Aug. 31, 2006. Net sales for the year ended Aug. 31, 2006, and Aug. 31, 2005, were $2.4371 billion and $1.8902 billion, respectively, which was an increase of $546.9 million or 28.9% over the prior year...

Files letter of intent for Chevron station in Fla.

WEST PALM BEACH, Fla. -- Petroleum Consolidators of America Inc. has announced that it has formally entered into its second letter of intent with an independent owner to acquire a Chevron-branded gas station located in Charlotte County, Fla. David Cohen, president and CEO of Petroleum Consolidators...

Station rebrands from Sunoco as part of regional expansion strategy

FLINT, Mich. -- A Valero Energy Corp. gas station is the first in the Flint, Mich., area and part of a concentrated Midwest push by the San Antonio-based independent oil refiner-marketer, said The Flint Journal. Named for the Alamothe famous battle site originally called Mission San Antonio de...

QuikTrip's remodeling in Wichita to feature doorless coolers, repositioned checkouts, more roller grills.
Kennedy succeeds new WashTec CFO Burnert
Industry vet will serve as strategic development VP
Was instrumental in Stripes development
The Pantry's purchase of 18 stores has chain out to a strong start for 2007.
U.K. retailer acquiring U.S. sites, bringing over preferred food suppliers
Jobber's reorganization effort thwarted by bank's bankruptcy complaint.