Corporate News

Corporate news affecting the convenience store industry

Sovereign Investment acquires four Illinois Circle K locations

PRINCETON, N.J. -- Sovereign Investment Co., a private equity investor providing sale/leaseback capital, said that it has completed the acquisition of a $9.5 million Circle K convenience store portfolio involving four c-store/gas stations in Illinois. The minor divestment on the part of Circle K...

Road Ranger LLC has opened its second travel center in Missouri, located on I-44 near St. Louis in Fenton.

FENTON, Mo. -- Road Ranger LLC has opened its second travel center in Missouri, located on I-44 near St. Louis in Fenton. Previously occupied by the St. Louis Truck Port, Road Ranger officially began new construction in March and is on schedule for a June 2006 opening. Strategically located near I-...

Profits would go to fix streets

LINCOLN, Neb. -- The city of Lincoln, Neb., is looking into the possibility of getting back into the gasoline business, reported the Lincoln Journal Star. It opened a gas station in the mid-1920s and sold gasoline until the 1960s, when the station quietly closed, said the report. The city still has...

Sale is part of company's ongoing portfolio management strategy.
Licenses in jeopardy over signage
Ellis heads up Ypsilanti effort
Wis. chain celebrates with party, promotions for customers
Kum & Go adds 14 stores in Arkansas with latest acquisition
Increased operating income by $19.5 million over previous year
Will focus on developing partnerships

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