Corporate News

Corporate news affecting the convenience store industry

The convenience industry sees a record sales increase tempered by profit compression

NEW ORLEANS -- Fortified with updated numbers on the industry's financial performance, more than 400 attendees at the 2007 NACS State of the Industry Summit in partnership with CSP received a clear picture of the channel's progressand a directive for growth. In the opening general session, Sam...

David Portalatin, who tracks customer behavior in the c-store arena for The NPD Group, said location and convenience no longer are certain anchors of success.

NEW ORLEANS -- Location, location.well, maybe not location. The old joke identifying the three most important attributes of a convenience store is changing. In a presentation packed with charts, graphics and grids, David Portalatin, who tracks customer behavior in the c-store arena for The NPD...

Japanese c-store export tinkers with locations; opens second Long Beach store

LOS ANGELES -- Who said coming to America was easy? Three years after opening its first store on the West Coast, Family Mart's Famima!! convenience store in the Westwood neighborhood of Los Angeles closed its doors on March 30. A company official, however, calls the closing simply a matter of...

LaForge, Curley, Ray to be inducted at banquet
The National Association of Convenience Stores (NACS) said that it has acquired CSX LLC (CStoreXchange).
Working on deal for remaining stores
Supermarket/c-store chain's top exec says board has no interest in rumored buyout.
The Pantry Inc. has completed the previously announced acquisition of 66 Petro Express convenience stores in North and South Carolina from Petro Express Inc.
Meet three new companies that see opportunity in the c-store business
The newest addition to the 334-store chain is the first in Durham, bringing the total of Sheetz stores in North Carolina to 13.