Corporate News

Corporate news affecting the convenience store industry

Offers details on reclaiming Manhattan on 7/11

DALLAS -- 7-Eleven Inc. has reported total June 2005 sales of $1.1468 billion, an increase of 9.1% over June 2004 sales of $1.0513 billion. Total merchandise sales for June 2005 were $734.4 million, an increase of 6.9% over the June 2004 total of $687 million. U.S. same-store merchandise sales for...

Opening smaller, walkup units

DALLAS -- 7-Eleven Inc. has returned to Manhattan after a long absence with a smaller, walkup convenience store that the chain pioneered in other big cities, said the Associated Press. The store in the Flatiron district on East 23rd Street opened last week, although an event attended by company...

Offering worth up to $136 million

DALLAS -- Alon USA Energy Inc., an independent oil-refining company, has announced the terms for an initial public offering (IPO) of stock worth as much as $136 million, reported the Associated Press. The IPO consists of 8.5 million shares for $14 to $16 each, according to a Securities &...

Sign similarity sparks suit
As SSA leader steps down, MAP makes organizational changes
Pre-emptive offers preclude auction plans
FleetCor said it has received a $75 million equity investment from Bain Capital, a global private investment firm.
Stoeckel looks back on first half of year as Wawa CEO
Merrill Lynch says large chains eyeing mom & pops
Product mix diversification key to success, NRF survey says