Corporate News

Corporate news affecting the convenience store industry

Florida retailer, distributor files for bankruptcy protection

NICEVILLE, Fla. -- Gasoline distributor and retailer Price Oil Inc., Niceville, Fla., has closed all but one of its 13 stores in Alabama and Florida, and filed for Chapter 11 bankruptcy protection following what the company called an unprofitable 2005 in court documents. [Price Oil] had net sales...

Marsh Supermarkets Inc. said that on January 6, it received the proceeds of a $25 million two-year term loan.

INDIANAPOLIS -- Marsh Supermarkets Inc. said that on January 6, it received the proceeds of a $25 million two-year term loan. The proceeds of the loan were used to reduce the outstanding borrowings under the company's revolving credit facility, increasing the company's available borrowings to...

While it may sound extravagant, the motive behind Open Pantry's bold new design model is to capitalize on its upscale foodservice offerings.

NEW BERLIN, Wis. -- A stone fireplace in a convenience store? While it may sound extravagant, the motive behind Open Pantry's bold new design model is to capitalize on its upscale foodservice offerings, inclusive of gourmet coffee, made-to-order burritos and grab-and-go pizza, salads and sandwiches...

Harris joins team; company makes other appointments
Regional operator completes acquisition of Gas 'N Shop units.
Will include stores in Wyoming, Colorado
Major exits Baltimore market with sale of fuel supply contracts
Two months after putting $5 million of real estate holdings on the market, Lucky Convenience Markets has pending deals or offers on each of its seven sites.
Also contributes to Katrina relief
Coleff joins ERI

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