Corporate News

Corporate news affecting the convenience store industry

Financial move to provide significant reduction in expenses

SANFORD, N.C. -- The Pantry Inc. has completed a repricing and renegotiation of certain terms of its senior secured credit facilities with the goal of significantly cutting interest costs and annual payments. The facilities include a term loan with a remaining balance of $205 million, as well as a...

Casey's, Sunoco, Valero, 4 others named to Forbes Platinum 400

ANKENY, Iowa -- Seven oil companies and convenience store retailers were named to the Forbes Platinum 400, an exclusive list of the best big companies in America released late last month. Industry-related companies named to the list include: Casey's General Store (No. 230), Ankeny, Iowa...

Station owner, association leader Cresente dies

NORTH ROYALTON, Ohio -- James V. Cresente, the operator of a small gas station who created a second career by standing up to the giants of the oil industry, died Sunday at 92, said the Cleveland Plain Dealer. Cresente, the executive director of the Northern Ohio Petroleum Retailers Association for...

Actor delivered time to make the donuts catchphrase for Dunkin' Donuts.
CSP Information Group has formed an editorial advisory board for CSP Independent, a new publication that debuts in March 2006.
Ark. station owner files for personal bankruptcy
7-Eleven owner to buy department store chain, creating Japan's biggest retailer.
$25 million donation creates Bill Greehey School of Business at St. Mary's University.
Rutter's recognizes outstanding employees.
Commercial Net Lease Realty closes acquisition of 74 c-store properties