Corporate News

Corporate news affecting the convenience store industry

Fire broke out Friday morning in a building housing the headquarters of the Kum & Go convenience stores, reported the Associated Press.

WEST DES MOINES, Iowa -- Fire broke out Friday morning in a building housing the headquarters of the Kum & Go convenience stores, reported the Associated Press. The fire was contained to a room housing generators and electrical panels, said Mike Whitsell of the West Des Moines, Iowa, fire...

On first investor call since IPO, retailer addresses growth, rebranding progress

CORPUS CHRISTI, Texas -- On his company's first quarterly earnings call with investment analysts, Sam Susser outlined Susser Holdings Corp.'s third-quarter results while echoing some of the growth objectives outlines in the company's initial public offering (IPO) filings with the U.S. Securities...

Southeast chain doubles its budget for new-build construction, eyes more growth

SANFORD, N.C. -- The Pantry is known as one of the strongest and most aggressive convenience store companies in the country with regard to growth. So it came as some surprise three months ago, when CEO Peter Sodini announced the company's acquisition strategy was flawed. We've been remiss on...

Merchandise sales up 10.9%; EBITDA up 24.2%
Announces record 4Q, 2006 financial results
Real-estate firm acquires eight stations with c-stores in Louisiana, Mississippi
Renegotiated deal with Western Refining provides more wiggle room for breakup
PMAA warns about fake financial information request
The Service Employees International Union will stage Chevron Day of Action demonstrations at Chevron and Texaco gas stations.
Open Pantry Food Marts of Wisconsin Inc. has added Nicole Stone to its management team as human resources manager.

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