Corporate News

Corporate news affecting the convenience store industry

Working at third-party consents to complete purchase of 3 stores

FRANKLIN, Tenn. -- Delek US Holdings Inc. said that MAPCO Express Inc., a wholly owned subsidiary, has completed the purchase of 40 retail fuel and convenience stores from Fast Petroleum Inc., for approximately $42 million (excluding inventory). The company had previously announced an agreement...

More stores soon for Couche-Tard

LAVAL, Quebec -- Alimentation Couche-Tard said fiscal 2007 should be a banner year in terms of further expansion for the convenience store chain. I think we're going to have a strong year on the acquisition side and, what I've seen visiting these targets in the last few months, these are great...

Company confirms successor to lead U.S. convenience retail

CHICAGO -- Changes to the leadership of BP Products North America's convenience-retailing arm may help usher in significant shifts to the company's U.S. strategy. Furthermore, optimistic marketers suggest the leadership change could lead to a more collaborative relationship between BP and its...

Costs from increase in electronic payments, ATMs impact profit
Fell joins brewer from Cadbury Schweppes
68 S.C., N.C. stations, stores for sale
Roskams, Blaney will help refine support services, business development
Alarmed by a steep sales decline for Snickers, $18 billion food giant Mars has fired Martyn Wilks, the 20-year company veteran who headed the U.S. snack-food unit.
Mary Parsons has been named vice president of snack platforms and tech center operations at The Hershey Co., effective immediately.
The U.S. has been hostile territory for British retailers; will Tesco repeat history or break the pattern?