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City to begin enforcing menu-labeling laws for retailers and restaurants

NEW YORK CITY -- Despite the Food and Drug Administration’s (FDA) announced delay of menu-labeling requirements for restaurants and convenience stores, New York City will implement enforcement of menu labeling for chain retailers and restaurants as of May 22. In a statement, New York Mayor Bill de...

Purchase of dealer distribution contracts would boost gasoline gallons, too

RICHMOND, Va. -- In a move that signals more retail acquisitions and wholesale opportunities to come—and what type—for GPM Investments LLC, its master limited partnership, GPM Petroleum LP, has filed with the U.S. Securities and Exchange Commission to raise up to $100 million in an initial public...

Deal allows Royal Dutch Shell and Saudi Refining to focus on downstream businesses

HOUSTON -- The transaction separating the assets, liabilities and businesses of Motiva Enterprises LLC between Royal Dutch Shell PLC and Saudi Refining Inc. was completed on May 1. The companies formed the Motiva joint venture in 1998 but, by divvying the assets, each entity can now focus on its...

Higher fuel prices, lower margins anticipated for coming months: EIA
‘We were a data company disguised as a convenience store and restaurant,’ founder says
Russian oil company Rosneft stands to benefit if PDVSA defaults on loan
Sunoco to sell 200 locations in separate deal, retain others
But total industry sales decline for a second year in a row
Chain aims to cut costs and appeal to younger customers
38-year company veteran looks to begin ‘new adventure’ in c-store industry

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