Corporate News

Corporate news affecting the convenience store industry

Spectrum store pickup portends competition with The Pantry

LAVAL, Quebec-- Alimentation Couche-Tard's acquisition yesterday of the venerable 90-store Spectrum convenience stores moors the Canadian retailer as a dynamic presence in the Southeastern tier and lays further evidence of a Couche-Tard versus The Pantry acquisition battle for dominance of the...

Judge gives final approval to $1.075 billion settlement with Exxon dealers

MIAMI -- A federal judge granted final approval last week of a $1.075 billion agreement between Exxon Mobil Corp. and thousands of gasoline dealers who sued the company, settling a 14-year fight that went to the U.S. Supreme Court, reported the Associated Press. Exxon must deposit the total amount...

Baked goods maker Otis Spunkmeyer Inc. has announced that Doug Deeth has joined the company as vice president of sales for the retail division.

SAN LEANDRO, Calif. -- Baked goods maker Otis Spunkmeyer Inc. has announced that Doug Deeth has joined the company as vice president of sales for the retail division. Deeth comes to Otis Spunkmeyer with 28 years of diverse retail sales experience. Previously, he was with Kodak, dealing with...

Tyra and White join candy-maker as vice presidents
Properties mainly in rural communities
Lawlor, Jones to help provide business insights
Berry-Hinckley and Cashell combine forces, plan retail growth in northern Nevada
Credit-card fees a low point in an otherwise winning year
White Hen Pantry Inc. announced yesterday the opening of its newest store and two others soon to follow.
Fortune magazine unveiled its annual 500 listing of America's largest companies, and ExxonMobil Corp. tops the list with more than $339 billion in revenue.

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