Top Stories

Sunoco

‘Third-party acquisition activity has added significant scale’ to retail network

DALLAS -- Sunoco LP has agreed to purchase six convenience stores and fuel supply contracts with 127 wholesale dealers and 500 commercial customers in eastern Texas and Louisiana from Denny Oil Co. Inc. for approximately $55 million, president and CEO Bob Owens, said during Sunoco’s second-quarter...

Marathon Petroleum Corp. MPC Speedway

Second-quarter record shows why MPC likes to keep its convenience stores close

FINDLAY, Ohio -- Speedway LLC ’s convenience stores “will be a continuing source of value” to Marathon Petroleum Corp ., said Gary Heminger, chairman, president and CEO of MPC, during the company’s latest earnings call. He reiterated that the company has no intention of spinning off Speedway , as...

Walmart Express Dollar General

Will sell fuel at most of its newly acquired Walmart Express small-format sites

GOODLETTSVILLE, Tenn. -- Although it has experimented with gasoline before, Dollar General Corp. is making a major leap into fuel retailing with the purchase of 41 former Walmart Express locations. The discount retailer intends to operate the fueling stations at 37 of these locations, it said. In...

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