Corporate News

Corporate news affecting the convenience store industry

The Pantry's purchase of 18 stores has chain out to a strong start for 2007

SUMMERVILLE. S.C. -- Sometimes an offer just comes along that you have to take seriously. That's how Shawn Smith, president of Angler's Mini-Mart, sums up his family's decision to sell its 16 convenience stores (six with Churches Chicken restaurants) to The Pantry, as reported yesterday in a CSP...

Jobber's reorganization effort thwarted by bank's bankruptcy complaint

DE LAND, Fla. -- It appears a prominent jobber in Florida will be forced from his efforts to reorganize his business through Chapter 11 bankruptcy proceedings into Chapter 7, which would require the liquidation of the company. A month after Stephen DeLuca filed a Chapter 11 bankruptcy petition in...

Steve Andersen had long-time connections to c-store industry

TEMPLE, Texas -- Steven Andersen, a former executive at PDI and McLane Co., died Sunday, Nov. 19, after long fight with cancer. Andersen joined PDI (Professional Datasolutions Inc.) as the vice president of professional services in 1992 and moved on to PDI's parent company, McLane, a year later,...

Linear Retail buys 15 White Hen c-stores from New England Pantry
Sidney Kosasa, founder of Hawaii's ABC Stores empire of convenience stores that cater to tourists, died in his home Nov. 17 at age 86.
Sweet Oil principal keeps focused on his baby as company sale nears completion
Bouchard telegraphs two more acquisitions in early `07
Rollout to emulate state quarters program
Unexpected sale of 122 California stations terminated equally unexpectedly
Fire broke out Friday morning in a building housing the headquarters of the Kum & Go convenience stores, reported the Associated Press.