Corporate News

Corporate news affecting the convenience store industry

Frito-Lay exec replaces the departing Deromedi

NORTHFIELD, Ill. -- Kraft Foods Inc.'s board has appointed Irene B. Rosenfeld as CEO, effective immediately, replacing Roger K. Deromedi, who has mutually agreed with the board to leave the company to pursue other interests. Rosenfeld was most recently chairman and CEO of Frito-Lay, a division of...

Cilento, Haugh honored in Energy Technology category

HOUSTON -- FuelQuest Inc. said that its founding partners Richard Cilento, CEO, and Douglas Haugh, COO, received the Ernst & Young Entrepreneur of the Year award in the Energy Technology category for the Houston and Gulf Coast region. "Entrepreneur of the Year is a very prestigious award that...

New York chain opens store with focus on food, technology

SYRACUSE, N.Y. -- With a focus on foodservice and an upgrade in technology, Nice N Easy opened its newest store this month near a busy intersection in Syracuse, N.Y. Inspired by the large number of other businesses in the area, Nice N Easy felt it was necessary to introduce itself with a bit of a...

Wine charged with developing, leading product innovation strategy
New Town & Country store emerges from dream phase
North Carolina chain buys six-store neighbor, purchases two other stores separately
Lamb remains as chairman of executive committee, board; Myers takes chief exec spot
Kraft's Deromedi outlines deal strategy; won't comment on targets.
Baked goods maker files for IPO
Will present seminars, participate in demos, provide startup training for new installations