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…
BP In Settlement Talks Regarding Oil Spill
Trail date is postponed as BP and PSC negotiate how to compensate those impacted by the Deepwater Horizon spill. BP and the Plaintiffs’ Steering Committee (PSC) confirmed that the U.S. District Court has adjourned the start of the Deepwater Horizon Multi-District Litigation 2179 civil trial by one week, until Monday, March 5. This adjournment is…
The Pantry Divesting 37 Stores
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),…
Kum & Go Selects NCR C-Store Technology
Radiant solution to help Kum & Go improve efficiencies and grow customer loyalty. Kum & Go L.C. has entered into an agreement with NCR Corp., which will implement its Radiant c-store technology within each of the retailer’s 400+ stores. Kum & Go, the fifth largest privately held, company-operated convenience store chain in the U.S.,…
Global Partners To Gain 542 Gas Stations
Global Partners acquires Alliance Energy in a deal expected to close in the first quarter of 2012. Global Partners LP is acquiring Alliance Energy LLC, which operates 542 gas stations in New England, New York, New Jersey and Pennsylvania, for about $116 million, Reuters reported. The deal is expected to close in the first quarter…