Corporate News

Corporate news affecting the convenience store industry

Real-estate firm acquires eight stations with c-stores in Louisiana, Mississippi

GREAT NECK, N.Y. -- One Liberty Properties Inc. said that it has acquired, through a wholly owned subsidiary, a portfolio consisting of eight gas stations with related convenience stores located in Louisiana and Mississippi. The total purchase price for the portfolio was approximately $15 million,...

Renegotiated deal with Western Refining provides more wiggle room for breakup

SCOTTSDALE, Ariz. -- Giant Industries Inc. OK'd Western Refining Inc.'s reduced offer to purchase Giant rather than wage an expensive court battle, the Scottsdale, Ariz., refiner-marketer said Tuesday, according to a report in the East Valley Tribune. Chairman and CEO Fred Holliger said that, as...

PMAA warns about fake financial information request

ARLINGTON, Va. -- The Petroleum Marketers Association of America (PMAA) said it has become aware of a letter being sent to marketers, supposedly from the U.S. Department of Transportation (DOT), asking companies to give permission to have their banks release financial information. The letter looks...

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.
Kloc winds up with newly created marketing position
Division of Circle K's Midwest business unit signals new phase of growth.
Western Refining Inc. and Giant Industries Inc. announced that the boards of both companies have unanimously approved an amendment to their merger agreement.
7-Eleven, ExxonMobil among Top 50 Military-Friendly Employers
Sheetz featured in closeup on one of the 394 largest private companies