Corporate News

Corporate news affecting the convenience store industry

Grocers Insurance rolls out national c-store program

PORTLAND, Ore. -- Grocers Insurance, a member of the select markets segment of Argonaut Group Inc., has announced that it is expanding its line of retail grocery products and services by adding a new program tailored to the needs of the convenience store marketplace. The company is a provider of...

CSX's same-firms' data offers a few caution flags

CHICAGO -- In early April, NACS reported industry record sales and profits for 2005 at the NACS State of the Industry Summit in Partnership with CSP. But what about this yearhow's 2006 shaping up for the convenience channel? On Thursday, CStoreXchange (CSX) will present its How's Business...

Rhode Island's Engine FoodLane stoked by owners' passion

NORTH KINGSTOWN, R.I. -- In July 2004, Ann and Ramzi Khoury unveiled a rebranded and thoroughly reimaged convenience store in North Kingstown, R.I., about 20 miles south of Providence. Today, their reshaped, 1,800-sq.-ft. Engine FoodLane store, which had been an underperforming XtraMart, stands...

Costco Wholesale Corp. reported a third-quarter profit below Wall Street forecasts as rising gas prices continued to pinch margins, said The Seattle Times.
Independent retailer's showplace defies demographics, industry stereotypes.
NOCO Express opens store within store in Williamsville, N.Y.
Patriot Capital Corp. arranged the successful purchase of $50 million of the retail petroleum equipment leasing portfolio from National City Petroleum Capital.
Principals of VERC Enterprises, a Massachusetts-based independent convenience store/gas station operator, was recognized for their commitment to hiring veterans
Receives unsolicited higher offer from investor group
Al Wiley, 70, founder and president of Country Convenience Food Stores, Middletown N.Y., died May 26 at his home in Goshen, N.Y., of lung cancer.