Corporate News

Corporate news affecting the convenience store industry

Illinois retailers question Chicago's living wage law

CHICAGO -- As Illinois retail leaders consider their options to battle a newly passed Chicago ordinance that sets a $10-an-hour minimum wage for some retailers, the measure seemingly opens the door for neighboring suburbs to court big-box stores such as Wal-Mart and Target. Indeed, Wal-Mart for the...

along with revenues, income, margins, gallons, profits

SANFORD, N.C. Southeast retailer The Pantry Inc. said total revenues for its third fiscal quarter were approximately $1.6 billion, up 41% from the corresponding period last year. Net income rose 22.2% to $20.3 million, from $16.6 million a year ago. Diluted earnings per share were 86 cents per...

Introduces c-store vet as new senior vice president

WEST DES MOINES, Iowa -- Kyle Krause, president and CEO of Kum & Go LC, has officially announced the addition of convenience store industry veteran Jack Wilkie as senior vice president of marketing. As reported in CSP Daily News in mid-June, prior to joining Kum & Go, Wilkie was a member of...

Brit retailer buys land for c-store warehouse
Federal agency won't approve requests for sites with brand deed restrictions.
Petro Plus USA details Southeast acquisition strategy
Delek US Holdings Inc. has broken ground for its new corporate headquarters in Brentwood, Tenn.
Names Wagner as VP of strategic markets
Owen becomes ops manager, Melvin becomes engineering manager
Cahill to remain executive chairman until early 2007