Corporate News

Corporate news affecting the convenience store industry

"Tweener" retailer also intends to become franchisor

BROOMALL, Pa. -- Swiss Farm Stores, Delaware County, Pa.'s 10-unit drive-thru convenience store chain, plans to open another 10 locations by 2008, including locations in Clifton Heights, Aston and Concord, reported the Delaware County Times. The 10 new sites are part of the expansion plan led by...

U.S. reconnaissance included execs posing as film producers

LOS ANGELES -- A year ago, when British retailer Tesco was planning its foray into the U.S. market, the company dispatched an advance team of senior managers stateside. Hoping to keep their plans secret from rivals, the Tesco executives posed as Hollywood film producers making a movie about...

Announces credit agreement, dividends, sale of pipelines

DALLAS -- Alon USA Energy Inc. said it has entered into an amended revolving credit agreement with Israel Discount Bank of New York, as administrative agent and co-arranger and Bank Leumi USA as co-arranger, through its operating subsidiary. The total commitment under the credit facility is $240...

Hershey names Vucovich Chief Customer Officer, Commercial Group
Headquarters expansion presages ramp-up in jobs, stores
O'Donovan named store operations director.
Hershey names Andrea Thomas vice president of global chocolate
Sheetz opens four new stores, announces three promotions
Jim W. Nokes, executive vice president of refining, marketing, supply and transportation for ConocoPhillips, has elected to retire after 36 years.
Lorillard Tobacco Co. has announced the promotion of Kathleen A. Sparrow to senior vice president of sales.