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Decision spurred by $5.1 million second-quarter loss; also halts hedging

SANFORD, N.C. -- A soft retail marketing underbelly coupled with brutal crude oil prices and lingering poor weather in the Southeast contributed to The Pantry's underwhelming second quarter, a performance marked by modest declines in same-store revenue and fuel volume from similar-period 2007. As a...

Details on refiner-marketer's deal to purchase 72 convenience stores, fuel kiosks

SAN ANTONIO -- Dovetailing with recent enhancements to its retail network, Valero Energy Corp. has signed an agreement to purchase 72 convenience stores and fueling kiosks from Albertson's LLC. Once completed, the transaction will expand Valero's company-owned retail presence in Texas, Colorado,...

Reduces off-invoice promotional discount on Marlboro, more

RICHMOND, Va. -- Philip Morris USA on Friday effectively raised the price on Marlboro, Basic, L&M and most of its other cigarette brands by 9 cents a pack, according to Reuters. The company raised the price on Marlboro, Basic and L&M by reducing the off-invoice promotional discount given to...

Kum & Go selling 21 sites; part of growth plan emphasizing selling small, building larger units
Details on Couche-Tard's acquisition of83 c-stores in Missouri, Illinois.
Complementary fuel delivery and supply-chain logistics services become one
Promotions to coincide with reorganization of U.S. markets
Decision upholds '04 verdict citing Shell pricing practices.
If in-store sales can 't save the 1,650-store chain, its geography just might.
With stock prices below their original issue, CSP Daily News examines an industry leader