New report shows c-stores have greatly benefited from the growth of the overall retail industry. Research and Markets has announced the addition of the “US Convenience Stores Forecast to 2014” report to its offering. The U.S. convenience stores industry, one of the world’s largest and fastest growing sectors, presents lucrative investment opportunities for new players.…
NACS Releases Compensation Report of 2011 Data
“Data from the NACS State of the Industry Compensation Survey of 2011 Data increases human resource’s strategic value to your business,” says NACS spokesperson. NACS has released its NACS State of the Industry Compensation Report of 2011 Industry Data, the latest snapshot of compensation levels, turnover and benefits metrics for the convenience and fuel retailing…
Village Pantry Acquires Miller Oil Co.
Acquisition gives Village Pantry a strong foothold in the Midwest. Miller Oil Co., based in Champaign, Ill., is set to sell its seven Colonial Pantry convenience stores to Village Pantry of Wilmington, N.C. American Business Brokers and WJF Services Inc. facilitated the transaction. The seven stores are all located in Illinois in the…
Susser Underwriters Exercise Purchase Option
Susser plans to use the net proceeds from this offering for growth capital for new store development and general corporate purposes. Susser Holdings Corp. announced that the underwriters of its recent public offering of common stock have exercised their additional purchase option in part, purchasing 275,000 shares of common stock at a public offering price…
Casey’s Strong 2nd Quarter
A favorable gas margin and strong inside sales, give Casey’s a 15.6% increase in total gross profit for the fiscal Q2 2012. Casey’s General Stores Inc. has reported it’s second quarter results for fiscal 2012. The company reported $0.99 in basic earnings per share for the second quarter of fiscal 2012 ended Oct. 31,…
The Pantry Announces Q3 Results
Cary, N.C.-based The Pantry Inc. has announced financial results for its third fiscal quarter ended June 24, 2010. The Pantry reported net income for the quarter of $18.0 million or $0.80 per diluted share, compared to a net loss of $749,000 or $0.03 per share in last year’s third quarter. The results for the third…
Susser Reports Q1 Results
Susser Holdings Corp. released its first quarter results, reporting that same-store merchandise sales for the first quarter of 2010 increased by 2.5%, compared with a 1.2% decline for the fourth quarter of 2009 and growth of 6.0% during the first quarter of 2009. Retail merchandise margin was flat versus the fourth quarter at 32.7%, and…