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7-Eleven's DePinto stresses need for innovation, lays out company's new strategy

PHOENIX -- There's no denying that 2009 will be a challenge for both consumers and retailers. Stock prices are sinking, housing prices are plummeting, interest rates are fallingbut innovation in the convenience store sector is intensifying. And it is happening because it is a matter of survival,...

A new eco-friendly, healthy food c-store opens in Los Angeles

LOS ANGELES -- For Greg Horos and Melissa Rosen, necessity was the mother of invention for their Locali Conscious Convenience store, which opened in Los Angeles last Thursday. "The idea was an amalgamation between my love for convenience stores and my wife's love for healthy food," Horos told CSP...

Tobacco industry execs expect repercussions as excise tax hike seems imminent

PARAMUS, N.J. -- With the expanded SCHIP bill steadily streaming down the legislative pipeline, tobacco companies are preparing for its impending passage into law and the related tobacco-tax hike that will come with in. It seems there is not much else they can do at this point. "How do you prepare...

Succeeds resigning Adams; company also hires chief restructuring officer
President's inaugural address signals administration's new direction.
Industry M&A professional offers insights to deal with economic, credit crunch
Company not talking other than to say it is "not going out of business".
Major oil's corporate retail employees expected to be out of the job.
Senate expected to move quickly;legislation to be paid for with tobacco hike
NATO rallies other industry groups around opposition to tobacco tax increases