Corporate News

Corporate news affecting the convenience store industry

March 30 distribution slated; Rosenfeld to replace Camilleri as Kraft chairman

NEW YORK -- The board of directors of Altria Group Inc. voted Wednesday to authorize the spinoff of all shares of Kraft Foods Inc. owned by Altria to Altria's shareholders on March 30. The board also announced that, at its request, Altria CEO Louis C. Camilleri will step down as chairman of Kraft...

Fuels, carwash vet to lead wash, station, c-store programs

HUNT VALLEY, Md. -- Carol Hurley, former carwash category manager and car care specialist with both equipment distributor PWI Inc. and ExxonMobil Fuels Marketing, has joined national lender Butler Capital Corp. as head of the company's car care and convenience-and-gasoline financing units. In this...

Hospitality Properties Trust (HPT) said that it completed its acquisition of TravelCenters of America Inc.

NEWTON, Mass. -- Hospitality Properties Trust (HPT) said that it completed its acquisition of TravelCenters of America Inc. (TA), announced in September, as well as the spinoff to HPT shareholders of the TA operating business. HPT common shares are expected to begin trading on the New York Stock...

Nice N Easy Grocery Shoppes manager wins $25,000
Is U.K. retailer planning nationwide U.S. rollout?
Regional retailer will keep name; family exits business with sale of 23 stores in Utah
Channel vet joins c-store team
Forges deal to pick up 26 locations, negotiation for other properties
The Hartley Co. sells 24 retail sites to two buyers
Sheetz Inc. yesterday opened a 5,000-sq.-ft. convenience store in Mentor, Ohio. The newest addition is the 24th location in Ohio.

Pages