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Alon USA ready to file paperwork to spin off its c-store division

ODESSA, Texas -- Alon USA intends to file its paperwork this month with the Securities & Exchange Commission (SEC) to begin the process of spinning off its convenience store arm, Southwest Convenience Stores (SCS), as a separate public entity. "We will be filing our S1 for the Alon brand's IPO...

Susser heralds "great quarter" despite hurricanes knocking out 144 stores

CORPUS CHRISTI, Texas -- Devastating weather and record gasoline prices didn't slow growth at Susser Holdings Corp. during its third quarter, which ended September 30. "Despite the negative impact of two hurricanes, it was a great quarter, with some of the highest fuel margins we've ever seen,"...

With Democratic White House and Congress, retailers anticipate taxing times

WASHINGTON -- The results of the Nov. 4 election-a president-elect Barack Obama and larger Democratic majority in Congress-came as little surprise to many in the industry. "I think [Senator John] McCain got beaten because he was associated with [President George W.] Bush and people were upset with...

Kum & Go execs target foodservice,store customization for 2009
As 50th anniversary approaches, Kum & Go eyes expansion beyond 12-state footprint
Retailer continues to convert majority of its company-owned stores
7-Eleven to test consolidating beverage deliveries to stores
Gasoline retailers bringing out "1s" again in parts of U.S., but gouging charges persist.
Folding in Crescent Oil stimulates wholesale, renewable fuels ambitions
Mount Vernon, Ohio, becoming a haven for such retail concepts