Corporate News

Corporate news affecting the convenience store industry

Israeli-owned company purchases BP's Nashville stores

FRANKLIN, Tenn. -- Delek US Holdings will break the 400-site mark when its purchase of rights to 25 convenience stores in Nashville, Tenn., closes in December. As reported in a CSP Daily News Flash yesterday, parent company Delek Group Ltd., Israel, announced that Delek US Holdings had bought the...

Tesoro hits triple

PHILADELPHIA -- Sunoco Inc. reported net income of $329 million ($2.39 per share diluted) for third-quarter 2005 versus $104 million (69 cents per share diluted) for the 2004 third quarter. Excluding special items, income for the current quarter was $357 million ($2.60 per share diluted) compared...

Houlk to cover eastern New York territory

ARVADA, Colo. -- Mark VII Equipment LLC, a maker of touchfree and friction carwash systems, has signed Mark VII Technologies LLC as a new distributor serving the eastern two-thirds of the state of New York. We searched diligently to identify an experienced distributor/carwash operator to take over...

J&J Snack Foods Corp. recently appointed Don McComas as national director of product development.
Dismisses $450 billion questionable bid
13 c-stores with gas for sale in Little Rock, Pine Bluff markets
Upgrading Garyville, La., refinery
Valero's Greehey limits role, promises fourth-quarter results.
NOCO Express opens remodeled store-within-a-store facility
Per-share earnings 45 cents over expectations