Corporate News

Corporate news affecting the convenience store industry

Thompson named independent director at SSP/Susser parent company

CORPUS CHRISTI, Texas -- Stripes Holdings LLC said that its members have elected Jerry E. Thompson as a director of the company. Thompson currently is the president and CEO of the general partner of TEPPCO Partners LP. Prior to joining TEPPCO, Thompson served 35 years with CITGO Petroleum Corp. At...

Hess drops Amerada, splits

SAN ANTONIO -- Tesoro Corp. has reported net earnings of $43 million, or 61 cents per share for first-quarter 2006, up 54% from net earnings of $28 million, or 40 cents per share for first-quarter 2005. Results for first-quarter 2006 included after-tax charges of $4 million, or six cents per share...

Passionate N.Y. retailer honored for customer service, community involvement

BROOKLYN, N.Y. -- When I came to this country in 1983, I wasn't sure what I wanted to accomplish, Harry Singh told CSP Daily News. I had the desire in my mind, but I never thought of myself in the way that I could grow to the point where I am today. Singh's rise to convenience retailing prominence...

Sunoco income down
Refiner, retailer expects growth in Southeast in fragmented industry
Retailers take notice to WilcoHess' new growth path.
Car wash equipment maker adds regional manager
Dealers play a growing role in recent industry acquisitions
Marsh Supermarkets Inc. announced the signing of a definitive merger agreement to be acquired by MSH Supermarkets Holding Corp.
Dead River buys Shell units from potato concern