Alimentation Couche-Tard Inc. today responded to the announcement by Casey’s General Stores Inc. that it had authorized discussions with a third party regarding a preliminary non-binding proposal to acquire Casey’s: “We are pleased that Casey’s is now in ‘revlon’ mode given that the Casey’s Board of Directors has finally made the decision to put the [...]
Altoona, Pa.-based Sheetz is making it even more convenient for its customers in Rocky Mount, N.C., as it opens a second new store at 3715 North Wesleyan Boulevard. “North Carolina is still emerging for us and people there are getting excited about visiting our stores,” said Stan Sheetz, president and CEO, Sheetz Inc. “We have [...]
Cary, N.C.-based The Pantry Inc. an independently operated convenience store chain in the southeastern U.S., has appointed Mark Bierley as the company’s senior vice president and chief financial officer, effective Sept. 27, 2010. Bierley replaces Frank Paci, who has informed the board of directors that he plans to resign, effective Sept. 26, 2010, to pursue [...]
Sunoco Inc. has announced that Frederick “Fritz” Henderson has joined the company as a senior vice president to help prepare for the previously announced separation of SunCoke Energy from Sunoco. Henderson, 52, former president and CEO of General Motors, now is set to be chairman and CEO of SunCoke Energy upon completion of the separation. [...]
Altoona, Pa.-based Sheetz continues to grow around the Lynchburg area of Virginia with a new location in Forest. The store officially opened to the public on Monday, and employees celebrated the opening at 14449 Forest Road with a reception and ribbon cutting at 3:30p.m. on Thursday, Sept. 2. “Virginia has been a great place for [...]
An offshore petroleum platform in the Gulf of Mexico exploded today, Sept. 2, and was reported as burning by a commercial helicopter flying overhead, the Associated Press reported. The rig sits about 80 miles off the Louisiana coast, west of the site where BP’s Deepwater Horizon rig exploded in April killing 11 workers and leaking [...]
Cary, N.C.-based The Pantry Inc., operator of Kangaroo Express, is purchasing 47 Presto Convenience Stores throughout Kansas and Missouri, including five in the Kansas City metro area. The locations-all but three of which are in Kansas-reported a revenue of about $194 million during the year that ended last May. The deal is expected to close [...]
CITGO Petroleum Corp. is celebrating its 100-year heritage today, Sept. 2. The brand dates back to the Cities Service Co. and continues today as a U.S. petroleum refining and marketing company. With the backing of its shareholder, Petroleos de Venezuela, S.A., the national oil company of the Bolivarian Republic of Venezuela, CITGO is the third largest independent refiner, [...]
The Pantry Inc. an independently operated convenience store chain in the southeastern U.S., is rallying behind University of Florida football fans to “Freeze The Swamp.” The campaign introduces ICEE products to 92 Gainesville and Ocala area Kangaroo Express locations. Kangaroo Express is collaborating with The ICEE Co. to co-promote the frozen beverages in concert with [...]
As U.S. consumers prepare to hit the road for Labor Day weekend, The Nielsen Co. finds that nearly half (45%) of U.S. households are diligently seeking lower gas prices. The economy has consumers looking for cost savings across the board, even as they revert to some pre-recession habits. “Although gas prices are not as high [...]
Thorntons has announced the grand re-opening of its existing store location at 4154 Bardstown Road in Louisville, Ky., on Aug. 31. With the addition of this location, Thorntons operates 161 stores throughout Indiana, Kentucky, Illinois, Tennessee and Ohio. Customers can look forward to a clean and friendly environment with high quality foods, such as fresh [...]
Alimentation Couche-Tard Inc. has increased its tender offer for Casey’s General Stores to $38.50 per share in cash, as Casey’s responds by advising its shareholders not to take any action as it reviews the revised bid. The revised offer of $38.50 is $0.50 per share higher than the price at which a majority of outstanding [...]
Roadrunner Markets of Johnson City, Tenn., has hired Creative Energy to create and manage the social media strategy for the chain’s 92 convenience store locations in Tennessee, North Carolina, South Carolina and Virginia. “Social media is an effective way to reach out to your customers and have a relationship with them,” said Creative Energy’s social [...]
Valero Energy Corp. has approved the Nucleus point-of-sale (POS) system by Dresser Wayne, an innovator of fuel dispensers and technologies, for implementation at Valero-branded fuel sites across the U.S. The popular touch-screen POS system has demonstrated its compatibility with the Valero payment network and seamless integration with Valero operations. To celebrate the announcement, both Dresser [...]
Jack Link’s Beef Jerky has announced its Wild Side Man Cave sweepstakes and promotion, underway now. Using the unique code found of specially marked Jack Link’s packages, brand enthusiasts can explore the elusive Sasquatch’s “man cave” online and register for a chance to win a Wild Side Man Cave of their own. As no true [...]