The Pantry appoints new senior vice president of operations. Pantry Inc. has announced that Joe Venezia is joining the executive leadership team as senior vice president of operations. Venezia joins The Pantry from TitleMax. In his new role at The Pantry, he will lead the company’s store operations and be focused on driving sales, improving [...]
Donations from Kangaroo Express store guests will benefit the USO, Wounded Warrior Project and other military support organizations. The Pantry Inc.’s summer-long Kangaroo Express “Salute Our Troops” fundraising campaign has raised $3.17 million, surpassing the total number of funds raised during the inaugural 2011 campaign. In celebration of the campaign’s success, military personnel, veterans, cause [...]
The Pantry Inc. announced early results of its offer to purchase any and all of its outstanding 7.75% senior subordinated notes due 2014 and solicitation of consents from holders of the notes to effect certain proposed amendments to the indenture governing the notes. As of 5 p.m. EST on Aug. 2, $198,856,000 in aggregate principal [...]
The Pantry continues its tradition of supporting and funding U.S. servicemen. The Pantry Inc. announced it plans to launch its second annual Salute Our Troops campaign, inviting customers at more than 1,600 Kangaroo Express c-stores in 13 states to support military personnel and their families. From June 27 through Sept. 4, Kangaroo Express and Salute [...]
The Pantry Inc. converting 168 stores. Valero’s 2012 advertising theme is “Keeping America Moving,” and thanks to a new branding agreement with The Pantry Inc., based in Cary, N.C., Valero will be keeping more and more Americans moving throughout the Southeast. Under the new agreement, 143 properties will convert to a newly created Valero and [...]
Guests and employees raise more than $1 million at Kangaroo Express this year to help out a local organization. The Pantry Inc. announced more than $1 million has been raised for Victory Junction, which will help send more than 400 children ages six to 16 with chronic medical conditions or illnesses to summer camp. Kangaroo [...]
“FleetCor has been flexible and innovative in providing new products, services and programs to help The Pantry grow commercial business through our retail stores,” says a spokesperson for The Pantry. The Pantry has renewed its commercial fleet card contract with FleetCor Technologies Inc., which has been managing The Pantry’s fleet card portfolio for over [...]
Industry Veteran Brad Williams, former senior vice president of operations at The Pantry, joins Mid-Atlantic Convenience Stores. Mid-Atlantic Convenience Stores (MACS), one of the largest ExxonMobil fuel distributors in the Mid-Atlantic region, has appointed of Brad Williams to its executive leadership team. Williams will serve as senior vice president of store operations and will oversee [...]
Four company-owned and 33 leased sites are available in nine Southeastern states. The Pantry Inc. is selling 37 stores located in nine states throughout the Southeast as part of a strategic divestment. The facilities are located in a variety of markets in Alabama (2), Florida (4), Georgia (4), Kentucky (1), Mississippi (1), North Carolina (13), [...]
“My initial focus will be to work with the Board and the management team to refine our strategic vision,” says Hatchell. The Pantry Inc. has announced that Dennis Hatchell will become President and CEO of the company, effective March 5, 2012. Hatchell previously served as vice chairman of Alex Lee Inc. headquartered in Hickory, N.C., [...]
The Pantry Inc. has announced financial results for its fiscal first quarter ended Dec. 29, 2011. First Quarter Summary: Net loss was $2.9 million or $0.13 per share. This compares to a net loss of $12.2 million or $0.54 per share in last year’s first quarter. Excluding the impact of impairment charges and loss on [...]
Michael Rogers to help convenience store retailers think for the future. Michael Rogers, a renowned technology author, pioneer and futurist, has been announced as a closing speaking for NACStech, the industry’s most comprehensive event for top retail and supplier leaders to gather and discuss ways to improve convenience retailing through technology solutions. Social media guru [...]
Julian Jackson, a former bantamweight boxer and a pioneer in the c-store industry, who founded Jackson’s Minit Marts and Lil’ Champ Food Stores, died last week. He was 98. Jackson was a member of the Jacksonville Sports Hall of Fame and the North American Boxing Federation Hall of Fame, the Times-Union reported. Born in Perry, [...]
Whether doing it themselves or finding a national partner, convenience store operators are developing food programs with fresh ingredients and quick service. By Heather Henstock, Contributing Editor. Convenience store strategies for sandwich programs are as customizable as the sandwiches themselves. Some opt to develop and prepare sandwich lines in their own commissaries or via made-to-order [...]
As Terrance Marks steps down on Oct. 5, Edwin Holman, chairman of the Pantry’s Board, to take the helm as CEO. On Sept. 14, 2011, the Board of Directors of The Pantry Inc. appointed Edwin Holman to act as interim CEO, effective Oct. 5, 2011, the date of resignation for the current CEO Terrance Marks. [...]