Corporate News

Corporate news affecting the convenience store industry

Kline named interim CEO

ATLANTA -- Coca-Cola Enterprises said that president and CEO John R. Alm is leaving the company effective Jan. 1, 2006. The board has initiated the search process for the selection of his successor. Chairman Lowry F. Kline will serve as interim CEO until the selection process is completed, with Alm...

Oil companies recognize retailers who made a difference after Gulf Coast hurricanes

OAK BROOK, Ill. -- Wednesday, November 30, signaled the end of hurricane season on the Gulf and East coasts. And more than two months after Hurricanes Katrina and Rita left their indelible marks on the Gulf Coast, major oil companies are recognizing individuals on their retail teams who went above...

Rebranding, long-term gas contracts yielding positive results

SANFORD, N.C. -- The Pantry Inc. has announced financial results for its fourth fiscal quarter and year ended Sept. 29, 2005. Total revenues for the fourth quarter of fiscal 2005 were approximately $1.4 billion, a 33% increase from last year's fourth quarter, which included an extra week of...

Waring Oil buy bolsters Mississippi, Louisiana markets
Ends JBX Grill fast-casual test; will build more Quick Stuff c-stores
Supermarket, c-store chain reports $3.4 million loss, signals intention to explore strategic alternatives
New 7-Eleven leader to focus on fresh food, leadership, item-by-item management
Matrix still accepting offers on 8 remaining units
Seeks to capture larger share of U.S. snack market, broaden global presence
Former operations exec replaces Keyes as president and CEO at 7-Eleven