Corporate News

Corporate news affecting the convenience store industry

Kraft's Deromedi outlines deal strategy; won't comment on targets

NORTHFIELD, Ill. -- The head of the world's second-largest food company, Kraft Foods Inc., said earlier this week that it would be difficult to make large acquisitions ahead of its full spinoff from majority owner Altria Group Inc. Very large acquisitions will be difficult as the Altria situation...

Baked goods maker files for IPO

SAN LEANDRO, Calif. -- Otis Spunkmeyer Holdings Inc. registered Tuesday for an initial public offering (IPO) of up to $230 million in common stock, according to the Associated Press, citing a filing with the Securities & Exchange Commission (SEC). The company makes cookies, muffins, brownies,...

Will present seminars, participate in demos, provide startup training for new installations

MENOMONEE FALLS, Wis. -- Alto-Shaam Inc. has announced the addition of the newest member of its culinary team. John LaSalle has been named corporate executive chef for the foodservice equipment maker, the company said. LaSalle offers a broad background of culinary experience with the last 12 years...

Patterson's experience includes owning five washes featuring PDQ equipment.
Will replace the retiring Pillari
Former 7-Eleven exec Wilkie joins Kum & Go
Marsh Supermarkets Inc. iled a complaint naming MSH Supermarkets Holding Corp., MS Operations Inc., Cardinal Paragon Inc. and Drawbridge Special Opportunities Advisors LLC as defendants.
Will assess markets, evaluate sites, help select equipment for washes
Tennessee retailer buys Fast stores, promises more acquisitions to come
American Society of Business Publication Editors recognizes Katrina coverage