Corporate News

Corporate news affecting the convenience store industry

Terry L. McElroy, president of McLane Grocery Distribution, a unit of McLane Co. Inc., has been appointed as a director of The Pantry Inc.

SANFORD, N.C. -- Terry L. McElroy, president of McLane Grocery Distribution, a unit of McLane Co. Inc., has been appointed as a director of The Pantry Inc. The appointment is effective March 1, 2006. McLane is a major national provider of wholesale distribution and logistics services to convenience...

Supervalu, CVS, others carve up supermarket/pharmacy chain

BOISE, Idaho -- An investor group led by Supervalu Inc. agreed on Monday to buy struggling grocery chain Albertson's Inc. for $9.8 billion in cash and stock, said Reuters, ending an intense auction that only weeks before had fallen apart. Under terms of the deal, Supervalu said it would buy 1,124...

The National Association of Convenience Stores also undertook an extensive review of the vulnerabilities of holding the event in New Orleans.

ALEXANDRIA, Va. -- During the process of relocating the NACS Show 2005 from New Orleans to Las Vegas, the National Association of Convenience Stores also undertook an extensive review of the vulnerabilities of holding the event in New Orleans. After reviewing all of the options, the group has...

Fred Rael and his wife, Virginia, plan to open the first phase of their currently under-construction travel center sometime in March.
Three former employees take Fusion Oil to court
300 possible by 2010, home improvement retailer says
Net sales up nearly 35%
NATSO welcomes 2006 chair, officers
Reduces total debt outstanding to $33 million
The Pantry is positioning itself for additional purchases that could catapult its store count to 2,000 by the end of the decade.

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