The Kent Cos. has announced the successful acquisition of Birmingham, Ala.-based DC Oil Co. The Kent Cos. noted that the strategic move bolsters the company’s position in the southeast region and marks its eighth operating state. The acquisition includes 13 Chevron Texaco-branded convenience stores, a fuel transportation fleet and a portfolio of dealer accounts. This…
Are Your C-Stores Fully Staffed in 2024?
Does your chain have a set strategy in place for attracting and retaining employees in 2024? Are you struggling to keep your convenience stores fully staffed? Have you added new benefits or raised wages in the past 12 months? We want to hear from you. CStore Decisions and Humetrics are embarking on our 16th annual…
bp Bumps Murray Auchincloss From Interim to Full-Time CEO
bp recently revealed that its board has officially named Murray Auchincloss as its CEO, effective immediately. Auchincloss has been interim CEO since September 2023 and will continue as a member of the bp board. His appointment has been made following a competitive search process, carried out by the board over the past four months with…
Berkshire Hathaway Acquires Haslam Family’s Remaining Interest in Pilot Travel Centers
The Haslam Family — the family of the Cleveland Browns owner and CEO of Pilot Corp. — has announced that it has sold its remaining 20% interest in Pilot Travel Centers to the Warren Buffett-led Berkshire Hathaway. According to CNBC, the announcement came more than a week after the Haslam Family and Berkshire Hathaway settled…
TravelCenters of America Unveils New Arizona Location
TravelCenters of America (TA) has announced the opening of a new site in Phoenix, Ariz. The new location is the company’s 10th in the state. Formerly Danny’s Big Rig Resort, the site offers the following amenities: Dining options: The Diner Travel store with hot and cold food and beverage options 70 truck parking spaces 10…
LG Opens Advanced EV Charger Factory
LG Electronics has opened its first U.S. factory for electric vehicle (EV) charging stations, the company reported in a press release. The new EV charger production factory is located in Fort Worth, Texas. Commemorating LG’s entry into the U.S. EV charger market, Fort Worth Mayor Mattie Parker and other officials cut the ribbon at the…
Shell Enters Agreement to Sell Nigerian Onshore Subsidiary for $1.3 Billion
Shell has announced that it will sell its Nigerian subsidiary The Shell Petroleum Development Co. of Nigeria Limited (SPDC) to Renaissance. Renaissance is a consortium of five companies including four exploration and production companies based in Nigeria and an international energy group. Shell will complete the transaction once approvals from the Federal Government of Nigeria…
Parker Oil Co. Acquires Bobby Taylor Oil Co.
Parker Oil Co. has successfully closed on the acquisition of Bobby Taylor Oil Co. and T&S Transport (BTOC). Based in Fayetteville, N.C., BTOC is a leading supplier of retail propane, commercial refined fuels and racing gas to a diverse customer base of residential and commercial accounts throughout the state of North Carolina. The company was…
7-Eleven to Acquire All Remaining Stripes Locations
7-Eleven has announced that it will acquire 204 stores from Sunoco, which include Stripes c-stores and Laredo Taco Co. restaurants. Located across west Texas, New Mexico and Oklahoma, these stores will join the over 13,000 7-Eleven, Speedway and Stripes locations that 7-Eleven, Inc. operates, franchises and/or licenses across the U.S. and Canada. The transaction will…
Is Your C-Store Raising Wages in 2024?
Is your c-store chain updating wages, adding benefits, adding new scheduling technology or keeping things status quo for 2024? We want to hear from you on how your c-store chain is approaching labor management in 2024. CStore Decisions and Humetrics are embarking on our 16th annual Human Resources (HR) Benchmarking Survey, and we’re calling on…