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Spinoff could give menthol giant new areas of distribution and market penetration

GREENSBORO, N.C. -- It's that nervous moment when the child you've raised is moving out on his own, taking those first post-pubescent steps toward independence. Much has been penned over the past two years about Altria Group's pending spin off of Philip Morris USA, maker of the nation's top-selling...

Company bids farewell as direct-store operator, sets new phase for oil giant

HOUSTON -- In less than two months a series of acquisitions could alter the retail landscape in the Rockies, parts of the Midwest and California. ConocoPhillips, the nation's third largest integrated oil company and, but two years ago, one of the largest direct operators of c-stores, expects to...

7-Eleven "stays the course" as consumer confidence hits 16-year low

DALLAS -- With the Consumer Price Index at a 16-year low, hitting 57.2 on Tuesday compared to 54.6 in October 1992, even the staunchest of convenience store retailers is taking a hit. And for 7-Eleven Inc., fewer dollars in consumers' pockets means "staying the course" and not overreacting, CEO Joe...

Economy, suit precipitate bankruptcy; will keep stores open during reorg
Couche-Tard Eastern Canada unveils fresh, ready-to-eat store concept
Tax evasion continues to expand because of high gas prices
7-Eleven plans to test consolidated delivery to increase efficiency
Sun Capital affiliate acquires 88 c-stores in S.C. in long-expected transaction
Details on initiative to convert company-ops; ratcheting up Business Conversion Program
Free-gas promotion puts Philly LUKOIL station at center stage; more to come