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Mandate could force dozens of California gas stations out of business

ARCADIA, Calif. -- Dozens, and potentially hundreds, of gas stations around California are choosing to shut down rather than comply with a state mandate that would require owners to purchase new equipment to reduce vapor emissions at the pump, reported The Pasadena Star-News .As of the end of...

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
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