Top Stories

Susser updates on hurricane, reports strong second-quarter financial results

CORPUS CHRISTI, Texas -- Seven destroyed canopies and about $3 million later, Susser Holdings Corp.—which is in the process of recovering from late July's Hurricane Dolly—has reported that total second-quarter 2008 merchandise sales, including sales from both its Stripes stores and the Town &...

The Pantry waiting "with bated breath" to get back into M&A game

SANFORD, N.C. -- Three months after swearing off acquisitions for the remainder of the year—and five months before the self-imposed ban will be lifted—executives at The Pantry are chomping at the bit to get back into the M&A game. "We are awaiting with bated breath to see how the lousy gasoline...

Drugstore retailer developing smaller, limit-inventory stores

DEERFIELD, Ill. -- To boost Walgreens presence in urban markets such as Los Angeles and New York, Walgreen Co. CEO Jeffrey Rein is developing several designs for stores that would be about half the normal size of the 6,297 stores the company operates. Smaller stores are key to further penetrating...

Midwestern retailer getting out of franchising; Walljasper talks strategy
Owner of gas/c-store/foodservice combo facility files for bankruptcy reorganization
Chain battles issues both internal (gasoline forecasting) and external (credit-card fees)
Family Smoking Prevention & Tobacco Control Act would give regulatory power to FDA
Valero's Klesse blasts Congress as anti-consumer, anti-capitalism.
Entrepreneur opens "convenience/grocery/gas" store in Charlotte, N.C., area.
One Sunmart owner mulls suit against Petroleum Wholesale; class action filed