Corporate News

Corporate news affecting the convenience store industry

Kansas retailer finds interested party in the nick of time

LIBERAL, Kan. -- A Kansas convenience-store chain apparently just slip past having to file for bankruptcy protection this past week when an interested party offered a helping hand as an investment partner. Word on the street in Liberal, Kan., was that the 13-store Convenience Plus chain, owned and...

Oil giant to roll out ampm nationwide

NAPERVILLE, Ill. -- When BP acquired the Atlantic Richfield Co. seven years ago, some industry observers tolled the death knell for ARCO's flagship ampm convenience store chain. Predictions of such a demise were premature. While BP would launch the progressive BP Connect that fuses a robust fresh...

BP selling 34 sites in Pittsburgh area for conversion

PITTSBURGH A day after Uni-Mart LLC picked up 28 BP stations in the Youngstown, Ohio, area, BP is selling 34 existing BP-branded sites in the Pittsburgh area to become franchise sites. Buyers will initially operate these franchise sites under the BP Connect brand and complete their convenience...

Publix Super Markets Inc. plans to expand its convenience store and gas station business, reported The Lakeland Ledger.
United Refining Co., a regional refiner and marketer of petroleum products announces operating results for the first fiscal quarter ended November 30.
Also wraps up several single-store deals
For property types usually turned down by traditional financing
Seeking new landlords for six units from sale-leaseback package
Royal Buying Group Inc. (RBG) has created and selected The Independent C-store Expo Board of Advisors.
Mike Sroda, 67 of Paradise Valley, Ariz., passed away on Tuesday, Jan. 9, 2007, after a tough fight against brain cancer.