Corporate News

Corporate news affecting the convenience store industry

Kelly to aid company in finding, training top-shelf replacement

SANFORD, N.C. -- With a top executive leaving The Pantry at the end of November, chairman and CEO Pete Sodini and the rest of the company's board of directors will begin the hunt for a new financial officer with the help of outgoing CFO Daniel J. Kelly. On Friday, The Pantry announced Kelly's...

Panelists share insights, field questions

NEW ORLEANS -- Sales were up, profits were down and credit card fees continued to spiral out of control, according to the industry's top-line 2006 numbers released at the NACS State of the Industry Summit in Partnership with CSP last week in New Orleans. But what does it all mean? Presenters...

Underserved consumer groups represent growth, diversity

NEW ORLEANS -- The industry's best marketers are giving much-needed attention to a few of the underserved passengers riding shotgun in Bubba's rusty, old pickup truck. Teens, boomer females and Hispanics, after all, have already begun to affect how convenience retailers do business, said industry...

McLane addresses old friends and makes new ones at NACS SOI Summit
Offers Z Market c-stores along with fast feeders
Armour addresses efforts to understand customers
Oil companies say FTC decision on acquisition is without basis in fact or law
The convenience industry sees a record sales increase tempered by profit compression
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.
Japanese c-store export tinkers with locations; opens second Long Beach store