Corporate News

Corporate news affecting the convenience store industry

Refiner-marketer seeking synergies, right size following acquisition

EL PASO, Texas -- Western Refining Inc . has laid off an unspecified number of employees, reported El Paso Inc . “We did have a few people that we laid off yesterday,” spokesperson Gary Hanson told the news outlet, which had received information that the company had laid off about 10% of its El...

A less-fragmented retail channel is a positive for retailers and consumers: Petrowski

FRAMINGHAM, Mass. -- Convenience stores and retail fueling have been the subject of significant organic growth and frequent acquisitions over the years, and it is embarking on further consolidation and roll-ups compelled in part by private equity. Regardless, this industry remains fragmented. There...

Party nominee attends $2,700-per-plate event

LA CROSSE, Wis. -- The owners of the Kwik Trip convenience-store chain were among the sponsors of a $2,700-per-person fundraiser on Aug. 16 in La Crosse, Wis., for Republican presidential candidate Donald Trump. The convenience-store chain’s owners Don and LaVonne Zietlow are regular contributors...

Discount chain also moving into 44th state with new construction
Retailer expecting to operate in 18 countries by spring 2017

Six years after abandoning convenience-store operations, Cary Oil is back at it with a new store design and 14 sites.

Company focusing on portfolio optimization
Income grows as distributor converts company-operated locations
Move part of retailer’s new growth initiatives, which includes adding 60 to 70 stores this year
Retailer-in-the-making says it is developing ‘upscale’ convenience stores