Corporate News

Corporate news affecting the convenience store industry

Diversified company grew by slimming down to core fuel business

BELLE VERNON, Pa. -- -- The Guttman Group used to sell fuel, operate convenience stores, run barge lines and sell lubricants. But after deciding to refocus on its core fuel business and sell off some of its assets, the company saw revenues rise to $1.19 billion in 2005, up 97% from 2004, reported...

Six from 7-Eleven, ARCO, T&C, OXXO, Rotten Robbie's, The Market

LAS VEGAS -- At the NACS Show 2006 in Las Vegas last week, the National Association of Convenience Stores announced the election of six retail members to serve on its board of directors. The new members assumed their positions during the NACS board meeting on October 11. The NACS retail members...

Susser Holdings Corp., an operator of Circle K and Stripes convenience stores, is preparing to go public this week with an initial public offering IPO of 6M shares.

CORPUS CHRSTI, Texas -- Susser Holdings Corp., an operator of Circle K and Stripes convenience stores, is preparing to go public this week with an initial public offering (IPO) of six million shares, expected to be priced between $16and $18, said the Associated Press. Underwriters may purchase up...

Not expected to delay acquisition
Turner vows to keep up the good fight on credit-card fees, boutique fuels, immigration, healthcare, technology
Gen. Tommy Franks salutes NACS Show 2006
2006 Retail Leader of the Year honored for culture, commitment
Industry leaders challenge conventional wisdom, share business acumen
NACS leaders set international tone during Opening General Session
Thorntons battles bogus injury claims despite increased costs

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