Corporate News

Corporate news affecting the convenience store industry

Three former employees take Fusion Oil to court

ADRIAN, Mich. -- Three former employees of two Adrian, Mich., gas stations and convenience stores are suing a corporation they accuse of cheating them out of overtime pay in the past two years, reported the Adrian Daily Telegram. A lawsuit filed earlier this month in U.S. District Court in Detroit...

300 possible by 2010, home improvement retailer says

ATLANTA -- Home improvement retailer Home Depot has announced several new initiatives for 2006 at its annual meeting with the investment community. Chairman, President and CEO Bob Nardelli and members of the company's leadership team described in detail their 2005 accomplishments, the company's...

Net sales up nearly 35%

WARREN, Pa. -- United Refining Co., a regional refiner and marketer of petroleum products, has reported operating results for the first fiscal quarter ended Nov. 30, 2005. Net income for the three months was $7.4 million, an increase of $1.3 million or 21.3% over net income of $6.1 million for the...

NATSO welcomes 2006 chair, officers
Reduces total debt outstanding to $33 million
The Pantry is positioning itself for additional purchases that could catapult its store count to 2,000 by the end of the decade.
AMBEST Inc., a member-owned truckstop organization, has added 15 Road Ranger locations to its member network, according to a report by
VERC Enterprises promoted Tariq Jameel to the position of district manager, covering a number of the company's locations.
Convenience Retailing Conference 2006 salves, solves industry challenges
Duskiewicz, Tamburro, Rowland promoted at Nice N Easy