Corporate News

Corporate news affecting the convenience store industry

New editor brings six years experience; to lead CSP Independent

OAK BROOK, Ill. -- CSP Information Group is pleased to announce the addition of Bill Donahue to its editorial team. Donahue comes to CSP from Convenience Store Decisions , where he worked most recently as chief editor. He joins the Oak Brook, Ill.-based communications company as executive editor,...

Former car-wash owner signs on as strategic accounts manager

ELKRIDGE, Md. -- Unitec Electronics has hired Robert Patterson as strategic accounts manager in the corporate accounts department. Patterson joins Elkridge, Md.-based Unitec with car wash-ownership experience. In addition, he previously worked at Cisco Systems as a channel account manager. Unitec...

Japanese conglomerate hopes full ownership improves U.S. stores

DALLAS -- The acquisition last week of 7-Eleven Inc. by its majority shareholder places the world's largest convenience store chain in the hands of a newly formed Japanese conglomerate. Ultimately, the new ownerSeven-Eleven Japan Co. Ltd.hopes to improve the quality of the U.S. stores after...

Dallas lawyer James W. Demik, 67, owner of Commercial Escrow & Title Co., drew 5 years in prison on 10 counts of bank fraud, conspiracy and money laundering.
PepsiCo plans to cut costs in some operations and take a restructuring charge of up to $85 million.
UST Inc. announced that Vincent A. Gierer Jr. plans to retire as chief executive officer at the end of 2006; that Murray S. Kessler has been named president.
Reports strong third quarter
Konya comes to buying-services company from Core-Mark
Seven-Eleven Japan completes cash tender offer for 7-Eleven Inc.
NACS State of the Industry research efforts strengthened through deal with CSX