Corporate News

Corporate news affecting the convenience store industry

Fas Mart, Shore Stop parent eyes additional growth in Pennsylvania

MECHANICSVILLE, Va. -- Even as news of GPM Investments LLC's acquisition of Sweet Oil reported in a CSP Daily News Flash yesterdaywas making its way to the industry, president and CEO Dave McComas was on the road, investigating additional growth opportunities. I'm on a bridge right now...

Latest design goes up against Wal-Mart Supercenter, Big Kmart

YORK, Pa. -- Rutter's Farm Stores will open a 5,200-sq.-ft. convenience store today in Shippensburg Township, Pa., representing a return to Cumberland County after a 17-year absence. The store, which will be open 24 hours, is across the street from the Shippen Town Centre, which is anchored by a...

Open Pantry eyes new image as it looks to divest 10 good performers

PLEASANT PRAIRIE, Wis.-- Open Pantry is getting rid of stores and not all of them are dogs. Where much of the industry is letting go of underperforming assets, Open Pantry Food Marts of Wisconsin Inc. is getting rid of 10 stores in the 900- to 6,750-square-foot range because they don't fit with the...

Ohio retailer selling 24 locations in separate offering
Red Apple chairman, CEO receives Appeal of Conscience Award
Alimentation Couche-Tard Inc. said for the first quarter of fiscal 2007, net earnings were $44.6 million or 22 cents per share.
Management buyout valued at $22 billion
Cohen to head up new branch
New brand formed to focus offering
Drive-thru c-store chain may buy gourmet food business