Corporate News

Corporate news affecting the convenience store industry
Ryuichi Isaka

Ryuichi Isaka

U.S. investor gets his way after power struggle

TOKYO -- Seven & i Holdings Co., the parent company of 7-Eleven Inc., announced April 19 it will promote Ryuichi Isaka, head of its convenience-store chain subsidiary Seven-Eleven Japan Co., to the position of president following a recent power struggle. The promotion comes days after the...

Trump gaffe heats up social media, drags c-store chain with it

NEW YORK -- 7-Eleven was trending on Twitter today, but probably not for reasons it would like. A day after presidential candidate Donald Trump mistakenly referred to the date of the terrorist attacks on the World Trade Center as “7-Eleven,” rather than 9/11, social media was abuzz with the well-...

Jimmy Haslam

Jimmy Haslam

Judge orders CEO Haslam to appear for deposition

MOBILE, Ala. -- An Alabama judge has ordered Jimmy Haslam, CEO of Pilot Flying J Travel Centers and owner of the NFL's Cleveland Browns, be deposed in a civil lawsuit related to the rebate scheme plaguing the $31-billion family truckstop chain, according to reports. The order came April 15, the 3-...

With Hess transition wrapped up, retailer looks for new growth opportunities
Facility paves the way for convenience-store chain to expand
Activist investor expects new president to grow profitability in Japan, North America
SOI attendees shared ideas and opinions on everything from foodservice to demographics and politics
Additions will enhance c-store distributor's 'bench strength'.
Nielsen’s Hale tells convenience-store retailers to ‘get your apps moving’
Record profits, plunging gas prices and five other data points that had us picking our jaws up off the ground