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First signs of consolidation hit the ethanol industry as VeraSun fields offers

SIOUX FALLS, S.D. -- The first salvo may have been fired this past week in a long-awaited shakeout for the U.S. ethanol industry, according to an Associated Press report. VeraSun Energy Corp., the nation's No. 2 ethanol producer, announced it had received an unsolicited takeover bid one month after...

7-Eleven rolls out 32 private-label packaged-goods products under 7-Select banner

DALLAS -- 7-Eleven Inc. announced the launch of a new line of private-label products under the brand 7-Select. With the rollout of the 32 new items, 7-Eleven aims to strengthen its presence in store-brand packaged foods, a business that has increased dramatically over the last year and promises...

The Pantry keeps an eye on gasoline sales following 6.8% drop in comparable stores

SANFORD, N.C. -- Decreasing gas pricesand the resulting higher marginshave saved many a retailer's year financially. But consumers continue to show reluctance to return to their old driving habits. For September, the U.S. Department of Transportation reported traffic volume had dropped 4.4% almost...

Susser Holdings begins 18-month project to rebrand 161 stores acquired last year
Newly flush with cash, the Pantry ready to get back in acquisition game in 2009
Chain continues focus on gasoline, convenience, food through "scrape and build" efforts.
V85 maker seeks to enhance liquidity while it reorganizes; production to continue
Most Baltimore c-stores converted; new design under construction in Florida
But lower gas prices aren't boosting consumer spending, confidence.
Anvil falls on short-lived Valero brand; Corner Store name to grace new builds, remodels