Corporate News

Corporate news affecting the convenience store industry

Kum & Go adds 14 stores in Arkansas with latest acquisition

JONESBORO, Ark. -- Market forces and good timing on the buyer's part were cited as key reasons the Jr. Foods convenience store chain in Arkansas changed hands this week. Kum & Go Convenience Stores closed on the purchase on Tuesday and took over the 11 c-stores as of yesterday, according to...

Increased operating income by $19.5 million over previous year

WARREN, Pa. -- United Refining Co., a regional refiner and marketer of petroleum products, has announced that its operating income for the second fiscal quarter ended Feb. 28, 2006, increased $19.5 million from a loss of $19.6 million for the quarter ended Feb. 28, 2005 to a loss of $100,000 for...

People made it a wonderful career for Spectrum's Woodroof

WEST POINT, Ga. -- We started in 1970 with just two stores, Albert C. Woody Woodroof III, chairman, president and CEO of Spectrum Stores Inc., told CSP Daily News. In that time, the West Point, Ga.-based company has built a lasting legacy sure to benefit its prospective owners from north of the...

Spectrum store pickup portends competition with The Pantry
Will focus on developing partnerships
Judge gives final approval to $1.075 billion settlement with Exxon dealers
Baked goods maker Otis Spunkmeyer Inc. has announced that Doug Deeth has joined the company as vice president of sales for the retail division.
Tyra and White join candy-maker as vice presidents
Properties mainly in rural communities
Lawlor, Jones to help provide business insights