financial

Company News

Easter Surprise for Susser

Same-store sales up for second quarter, although fuel volume down

Mergers & Acquisitions

Top 101 Chains Reshuffling

At midyear, industry acquisitions poised to reshape CSP’s c-store rankings

Tales of misbehaving customers destroying bathrooms, of natural disasters that rearranged towns, and of workers’ compensation claims that threatened to spiral out of control.

When Hess Corp. filed for a tax-free spinoff of its retail business in January, could deal makers ever have imagined that the convenience store brand as they knew it would completely cease to exist in just three short years? The iconic bold green-and-white logo will soon make way for another icon, albeit a Midwestern one: Speedway’s red-and-white logo.

But individuals may still be prosecuted over diesel rebate scheme in $92 million federal deal

The yin and yang of the lender-borrower relationship

The Susser-ETP deal shines a bright light on two critical elements facing the channel: The buying muscle behind MLPs (master limited partnerships) and the raw profitability of consolidation.

We love working with smaller fuel-distribution companies. They have unique personal dynamics. They bring many years of experience and knowledge to the table. For decades they have operated in their own sphere of influence, quietly and relatively immune to downward economic cycles. Yet once the owners of these companies decide to pursue a sale, something emotional (and perhaps physiological) happens.

Study illustrates advantage of being Wal-Mart’s front door

On the surface, in what has been the slowest recovery in history, our channel--convenience stores--appears to be performing pretty well. But that is no surprise: We are a resilient, innovative group that always finds a way to win.

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