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Decision upholds '04 verdict citing Shell pricing practices
BOSTON -- Upholding a December 2004 jury decision, a Massachusetts appeals court ruled on April 18 that Shell Oil Co. and its partner Motiva Enterprises intentionally overcharged Shell-branded franchised dealers on fuel and rent earlier this decade. The First Circuit Court of Appeals for...
If in-store sales can 't save the 1,650-store chain, its geography just might
SANFORD, N.C. -- In just a couple of weeks, The Pantry will be releasing its Q2 results. When analysts dial in on the May 6 conference call, they will want to know whether fuel margins per gallons have picked up from the 9 cents post credit-card fees that The Pantry reported for the first quarter...
With stock prices below their original issue, CSP Daily News examines an industry leader
SANFORD, N.C. -- At the end of the 20th century, The Pantry, led by charismatic roll-up specialist Pete Sodini, launched an initial public offering (IPO). The Southeastern retail giant was on an acquisition frenzy with a voracious appetite that carried through 2006. The past year or so has been a...
