Corporate News

Corporate news affecting the convenience store industry

Ark. station owner files for personal bankruptcy

LITTLE ROCK, Ark. -- The chief partner in a company that shut down 13 gas stations has filed for personal bankruptcy, reported the Associated Press. The Chapter 7 bankruptcy filed by David Gregory Graves in U.S. Bankruptcy Court for the Eastern District of Arkansas shows that his company, Mallard...

7-Eleven owner to buy department store chain, creating Japan's biggest retailer

TOKYO -- Seven & I Holdings Co., the owner of 7-Eleven convenience stores in Japan and the United States, said Monday it will pay the equivalent of $1.13 billion (U.S.) to buy department store operator Millennium Retailing Inc. in a deal creating Japan's biggest retailer. Tokyo-based Seven...

Rutter's recognizes outstanding employees

YORK, Pa. -- Rutter's Farm Stores and Rutter's Dairy recently honored outstanding achievements at their annual employee recognition banquet: Store Manager of the Year: Robin Nace of Store 2, Shrewsbury. Deli Manager of the Year: Vicki Sawyer of Store 8, York. Team Member of the Year: Pat Vinup of...

Commercial Net Lease Realty closes acquisition of 74 c-store properties
Departing Exxon exec will assist in corporate strategy, activities
$25 million donation creates Bill Greehey School of Business at St. Mary's University.
Nearly 6,000 total jobs pledged to campaign
A convenience store in front of the Glen's Markets store in Gaylord, Mich., will be the site of the second Glen's Quick Stop convenience and fuel center.
Alon USA, Petro in new refinery-to-motorist travel center venture
Mason Carpenter joins ERI