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Wisconsin wholesaler files for Ch. 11 bankruptcy protection over oil prices

MEQUON, Wis. -- Bulk Petroleum Corp., which supplies gasoline to more than 200 gas stations throughout the country, has filed to reorganize its finances under Chapter 11 bankruptcy protection, according to a CSP Daily News Flash yesterday, citing a report in The Milwaukee Journal Sentinel . Bulk...

Real-estate firm NRP shows healthy growth on back of retailer leases

ORLANDO, Fla. -- With tough economic times gripping the nation, one real-estate investor--a firm currently saddled with four Circuit City properties and one Value City site it needs to lease to new tenants--is finding convenience stores a relatively safe investment. "The investment per property is...

The Pantry, now looking at same-store-comp sales of diesel, sees 18% decline

SANFORD, N.C. -- The slow economy has The Pantry looking closer at a new aspect of its business that it seldom gave much attention to in its quarterly reports: diesel fuel. "With the slowing economy, truck traffic was down significantly, and our diesel gallons were down 18.3% in quarter one,"...

Judge dismisses Pantry suit; retailer says CITGO overpriced ethanol blend
Retail giant planning up to 200 new stores within four years, more long term
Judge torpedoes Subway's attempt to halt retailer's sandwich promotion.
Appco, Crescent Oil bankruptcies reveal cracks in holding company's methods.
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.