Corporate News

Corporate news affecting the convenience store industry

Introduces c-store vet as new senior vice president

WEST DES MOINES, Iowa -- Kyle Krause, president and CEO of Kum & Go LC, has officially announced the addition of convenience store industry veteran Jack Wilkie as senior vice president of marketing. As reported in CSP Daily News in mid-June, prior to joining Kum & Go, Wilkie was a member of...

Brit retailer buys land for c-store warehouse

RIVERSIDE, Calif. -- British retailer Tesco PLC has purchased a large piece of land along Interstate 215, south of Riverside, Calif., where it will likely build a distribution center to serve the convenience stores it plans to open on the West Coast, reported The Press-Enterprise. Tesco bought 88.4...

Federal agency won't approve requests for sites with brand deed restrictions

WASHINGTON -- Getting approval of a loan from the Small Business Administration (SBA) to purchase a gas station just got a little more difficult, and jobber contract lawyer Bob Bassman said the change could force the major oil companies to alter the way they sell their stores. This spring, the SBA...

Delek US Holdings Inc. has broken ground for its new corporate headquarters in Brentwood, Tenn.
Petro Plus USA details Southeast acquisition strategy
Names Wagner as VP of strategic markets
Owen becomes ops manager, Melvin becomes engineering manager
Cahill to remain executive chairman until early 2007
Will use expected $93 million for debt, growth; rebranding from Circle K to Stripes
BP/Amoco vet named to newly created position: senior vice president of fuels