Corporate News

Corporate news affecting the convenience store industry

Travel center opens in Buffalo Bill's birthplace

WESTLAKE, Ohio -- TravelCenters of America (TA) has added a new franchise facility, the former Mitten Truck Stop, in Oakley, Kansasthe birthplace of William Buffalo Bill Codyto its growing network. The full-service travel center is located on Interstate 70 and U.S. 40 at Exit 76. TA Oakley offers...

Sales, income up in first-quarter 2006

FRANKLIN, Tenn. -- Delek US Holdings Inc. has released financial results for the first quarter ended March 31, 2006. Net sales for the quarter increased 188% to $659.8 million compared with $229.1 million for first-quarter 2005. Net income increased to $12.9 million, or 33 cents per diluted share,...

Sees Getty profitability, refinery purchase, SEC listing down the road

NEW YORK -- Lukoil Americas, a unit of privately held Russian oil company Lukoil, said it does not expect to break even until at least 2008 on the gas stations it operates in the United States. We have not reached profitability so far, Leonid Fedun, a vice president for Russia's largest oil...

Petroleum and convenience store pioneer Frank B. Fehsenfeld has died, reported The Grand Rapids Press.
Aggressive growth of Fas Mart and Shore Stop in the Southeast is the likely result of the recent change in ownership for the retailer's parent company.
U.K. retailer hiring talent, moving forward with its U.S. c-stores
Moeder was VP of c-stores, fuel, Turkey Hill
Steve Henry, vice president of sales for Gilbarco Veeder-Root, has confirmed that he will leave the company at the end of August.
Couche-Tard places high on IGD global heavy-hitters list
Company converting BP Connect units to am/pm brand in South Florida