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Retail giant planning up to 200 new stores within four years, more long term

DALLAS -- Despite a dramatic downturn in the economy, plans are in place to expand the number of 7-Eleven stores throughout the North American market with an eye to using some successful formulas that have worked in Japan. Chief among them, said a report by the Kyodo News, is the concept of...

Judge torpedoes Subway's attempt to halt retailer's sandwich promotion

ALTOONA, Pa. -- Virginia federal judge last week denied Subway's request for a temporary restraining order and preliminary injunction to stop Sheetz Inc. from promoting its $4 footlong campaign, reported The Altoona Mirror . Subway officials had sent a letter to Sheetz requesting that the retailer...

Appco, Crescent Oil bankruptcies reveal cracks in holding company's methods

BLOUNTVILLE, Tenn. & INDEPENDENCE, Kansas -- With debts mounting to between $10 million and $50 million for cash-strapped Appalachian Oil Co. (Appco), the company filed for Chapter 11 bankruptcy protection on Monday, as reported in a CSP Daily News Flash yesterday. The company's second-largest...

Venerable c-store chain continue to lay low on acquisition opportunities
Deal includes 37 Southwest Missouri stores; Billings Kum & Gos becoming Zip Trips
7-Eleven reduces workforce by 10%; "no impact on stores," retailer says.
Refiner-marketer to sell 165 sites, but not ready to leave retail
Legislation raises federal cigarette tax to $1.01 per pack on April 1
Christy's of Cape Cod sells 11 locations to integrated oil company.
Roll-your-own to take tremendous hit as experts project sales declines, job losses

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