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Industry giant continues trend of infrequent acquisitions with small-scale purchase

GLOUCESTER, Va. -- 7-Eleven flexed its often-dormant acquisition arm this month with the purchase of seven Little Sue convenience stores in Gloucester and Middlesex counties of Virginia, as reported in a CSP Daily News Flash yesterday. The Dallas-based company is expected to purchase an eighth...

Couche-Tard readies for next phase of acquisitions with reorganization

LAVAL, Quebec -- With a goal of positioning itself for future growth in the United States, Alimentation Couche-Tard Inc. announced its plans internally this month to reorganize its U.S. business units effective May 1, as reported exclusively in a CSP Daily News Flash yesterday. "With the...

Brazilian oil company increasing U.S. investment upstream, possibly at retail

HOUSTON -- Alberto Guimaraes, president of Petrobras Americas Inc., the U.S. arm of Brazil's state-run oil company Petrobras, said that the company is looking at more oil and gas production in the Gulf of Mexico, more U.S. refining capacity, a bigger role in the domestic biofuels market and...

Retailer to debut new stores, food, car washes with $55 million expansion
Mostly closed locations are in major U.S. markets
Report calls for 40-cent federal gas tax hike, state fuel tax increases
Rumor of Snak-Atak acquisition in line with retailer's growth plans.
Selling 48 sites in Atlanta area to be re-imaged as ampm stores
Ky. AG Sues Marathon for Gouging