Top Stories

Bid for Israel-based Petro Group not expected to impact operations, McComas says

MECHANICSVILLE, Va. -- Metis Capital Ltd., controlled by Amnon Barzilay and Mony Harel, is attempting a hostile takeover of Ameris Holdings Ltd. and its subsidiary, Petro Group Ltd., Globes Online has reported. Petro Group owns the Fas Mart and Double Kwik gas and convenience store chain in the...

Smoke, smokeless sales continue strong track despite economic challenges

NEW YORK -- Despite predicting that a U.S. recession could last beyond the third quarter of 2009, analyst Nik Modi said tobacco remains "economy resilient"-if not economy resistant. During a presentation at CSPNetwork's Tobacco Update CyberConference, Modi, senior tobacco analyst at New York City-...

Gulf CEO says continued drop in oil, gasoline prices possible into next year

BOSTON -- Joe Petrowski, CEO of Gulf Oil, is boldly predicting that pump prices might fall to $1 a gallon in early 2009. "The oil market is a manic-depressive market. It tends to overshoot," he told WCBV-TV. Petrowski, who has been studying the oil business since the 1970s when he wrote his Harvard...

Casey's sees opportunity for growth while many struggle with the economy.
Zacks zeroes in on chain's earnings; retailer names Williams senior VP field ops.
Lower gasoline prices won't save everyone in the current economic climate: Kloza.
Credit-card fees targeted by retailers who say banks overcharge
First signs of consolidation hit the ethanol industry as VeraSun fields offers
7-Eleven rolls out 32 private-label packaged-goods products under 7-Select banner
The Pantry keeps an eye on gasoline sales following 6.8% drop in comparable stores