Corporate News

Corporate news affecting the convenience store industry

10th Golden State location

WESTLAKE, Ohio -- TravelCenters of America (TA) has opened a travel center in Livingston, Calif., located on Interstate 99 at Exit 203. It is the 10th location in California for the TA network. The TA Livingston site offers a food court with seating for 86 patrons with additional outdoor seating...

Withdraws FDIC application for charter that would have threatened c-stores

BENTONVILLE, Ark. -- Wal-Mart said Friday that it has officially given up its quest to become a bank. A Wal-Mart Bank would have been a direct threat to convenience store businesses by forcing them to go to their biggest retail competitor for loans and other financial services, according to...

7-Eleven promotes Foster to focus on closer-to-the-customer,' local-store marketing

DALLAS -- 7-Eleven Inc. has named Doug Foster as its first chief marketing officer (CMO), reporting to company president and CEO Joe DePinto and responsible for marketing, advertising, promotions and corporate communications for 7-Eleven stores' in the United States and Canada. Creating the new CMO...

Number of U.S. locations increased 3.2% to 145,119
Some say the big retailers have the upper hand in making deals as Major Oil sells off stores
But retailer's growth strategy to continue unabated.
The how to of forming successful deals for Major Oil assets is as important as the when, where
Dollar General Corp. has entered into an agreement to be acquired by affiliates of Kohlberg Kravis Roberts & Co. LP (KKR).
Major Oil selloffs pose questions of what, where and who can capitalize on the opportunities
Casey's keeps eyes open for markets to grow in the Midwest.

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