Corporate News

Corporate news affecting the convenience store industry

Will build 15 new travel plazas, renovate old facilities

OGDEN, Utah -- Flying J Inc. and Shell Canada Products said they are combining their road transport businesses in Canada. This new joint venture will include Shell Canada Products' national cardlock network and Flying J's Canadian travel plazas. Shell and Flying J also plan to invest more than $200...

CSX's exclusive report expresses cautious optimism for convenience channel

NEW YORK -- Tobacco, packaged beverages and snacks, along with increased foodservice expertise, helped petroleum retail and convenience store operators maintain inside sales despite significant price leaps at the pump that observers expected to knife into c-store profits. A report by benchmarking...

To soon to tell industry insiders need more information to be anything but cautiously optimistic

PURCHASE, N.Y. -- MasterCard's announcement that it would cap credit card transaction fees on gasoline purchases above $50 has sparked cautious optimism among retailers, rather than hurrahs. Gary Arnold, CFO at Belleville, Ill.-based FKG Oil Co., operator of 70 retail outlets in six Midwestern...

Bouchard signals continued U.S. expansion for Couche-Tard
Casey's makes plans for HandiMart sites, unveils quarterly results.
Scary messages, helpful advice for retailers at CSP Risk/Liability Forum
Retailers have mostly avoided the impact of pinched wallets
Oil company leaving Montana, selling stations and properties
U.K. retailer plans for 50 stores in Phoenix by fall 2007, eventually up to 100
High property taxes convince chain to trim store count