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Visa's interchange-fee adjustments have retailers suspicious

OAK BROOK, Ill. -- "Hallelujah" was one retailer's initial reaction to last week's announcement from Visa Inc. that it would make changes to reduce interchange fees for transactions at the pump. But that ecstatic optimism turned to aggravation upon further analysis. "My first reaction was '...

Gov. report pegs number of gas stations with payrolls nationwide at 116,855 for 2006

WASHINGTON -- Texas, California and Florida accounted for more than 20% of the nation 's 116,855 gas stations with paid employees in 2006, according to new data just released by the U.S. Census Bureau. That 's about one station per 2,500 people. Gas stations employed more than 910,000 people, with...

After hedge fund-induced dip, Pantry shares jump on better gas margins

SANFORD, N.C. -- Shares of regional convenience retailer The Pantry Inc. soared Wednesday after a Lehman Brothers analyst increased her third-quarter and 2008 profit estimates due to better-than-expected gasoline margins. Shares jumped $1.51, or 16%, to $10.91 in afternoon trading, said the...

Acquires 15 Shell Food Marts from distributor Thomas Investments
Chain converting selected stores to prepay, rolling out card to facilitate new procedure
Irving Oil acquires, rebrands eight Rice Oil sites to be operated by Couche-Tard
Even with acquisition activity on hold, Southeast chain still intent on consolidation
Following worst Midwest flooding since 1993, woes range from storage tanks to car washes
Atlantis Petroleum to get first crack at bidding on 283 sites of bankrupt company
DeSutter gets on board with plenty of foodservice, integration chops