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But lower gas prices aren't boosting consumer spending, confidence

CLEVELAND -- Drivers are breathing a sigh of relief as gasoline prices plunge across the country. Gasoline below $1.50 a gallon has appeared in a few places in recent days, and the national average has dropped almost in half since July, to $2.18 a gallon, reported The New York Times. And below-$2...

Anvil falls on short-lived Valero brand; Corner Store name to grace new builds, remodels

SAN ANTONIO -- Valero's stunning 5,500-square-foot Road Runner convenience store in western San Antonio opened early this year in the glare of flashbulbs. But unlike its namesake from the classic Warner Brothers' cartoon, in which the swift-footed roadrunner routinely outfoxed his devious coyote...

U.S. economic downturn prompting prudence on Tesco's part; 200 stores by Nov. 2009

EL SEGUNDO, Calif. -- One of Tesco PLC's most senior executives has said that the "meltdown" in the American economy will force the supermarket giant to slow the rollout of its one-year-old Fresh & Easy Neighborhood Market Inc. business, reported The Times of London. Tim Mason, CEO of Fresh...

Downturn in the economy hasn't slowed discounters' growth plans.
Grocery/c-store chain reaches first birthday as it is about to hit triple-digit store count
Alon USA ready to file paperwork to spin off its c-store division
Susser heralds "great quarter" despite hurricanes knocking out 144 stores.
With Democratic White House and Congress, retailers anticipate taxing times
Kum & Go execs target foodservice,store customization for 2009
As 50th anniversary approaches, Kum & Go eyes expansion beyond 12-state footprint