Corporate News

Corporate news affecting the convenience store industry

The man who created a convenience store retailing concept for banks was forced to step down.

CHERRY HILL, N.J. -- The man who created a convenience store retailing concept for banks was forced to step down. Founder, chairman and CEO Vernon W. Hill II left his position at Commerce Bank NA yesterday, and has announced his retirement as chairman, president and CEO of Cherry Hill, N.J.-based...

Video rental firm appoints former 7-Eleven chief as chairman, CEO

DALLAS -- Former 7-Eleven Inc. president and CEO James W. Keyes has been appointed chairman and CEO of video rental giant Blockbuster Inc. He assumed the role yesterday. Keyes, a 21-year veteran of the world's largest chain of convenience stores, replaces current Blockbuster chairman and CEO John F...

D'Oh Thank Heaven! for Kwik-E-MartI mean7-Eleven

DALLAS -- 7-Eleven Inc. has transformed 12 stores into caricatures of Kwik-E-Mart, the convenience store made famous on Fox's The Simpsons and featured in Twentieth Century Fox's The Simpsons Movie, which hits theaters July 27. Also, about 6,400 other U.S. and Canadian 7-Eleven stores will bring to...

Alon USA Energy Inc. closed its acquisition of Skinny's Inc., a company that owned and operated 102 FINA-branded stores in central and West Texas.
Parent company focuses on boosting U.S. presence with $2.4 billion investment
BP looking for franchisees for Indianapolis locations for ampm rebranding
Tesco chief's Q&A with Wall Street Journal offers U.S. shopping observations.
Sheetz Inc. is celebrating the rebuilding of one of its most successful locations as it opened a new and improved 4,000-sq.-ft. store in Altoona, Pa.
Gartner says gas station POS terminals are major threat to data security
Wal-Mart a late mover, but touting price for new financial services