Leveraging real-estate opportunities, 7-Eleven planning 75 stores in North Texas
DALLAS -- 7-Eleven Inc. will add more than 75 stores in North Texas over the next three years as part of a fast-track plan triggered by opportunities created in the commercial real-estate downturn, reported The Dallas Business Journal. The company will add 550 stores nationwide and about 4,000 worldwide during the same period, CEO Joe DePinto said.
"We've really positioned ourselves for this," DePinto told the newspaper. "We have a strong balance sheet, real-estate values are down and a lot of other retailers aren't growing right now, so there's a lot of real estate available that would have been cost-prohibitive in the past."
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Bucker buying unit of bankrupt truckstop operator
 OGDEN, Utah -- Flying J. Inc., trying to raise cash to emerge from bankruptcy, has agreed to sell its insurance subsidiary for an undisclosed price, reported The Salt Lake Tribune. The Buckner Co., a Salt Lake City-based insurance brokerage firm, will buy Flying J Insurance Services on January 1, it said.
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| Promotion follows sale of Quick Stuff c-stores, pending COO retirement
 SAN DIEGO -- Jack in the Box Inc. has promoted vice president of operations Leonard A. Comma and former director of the company's Quick Stuff convenience stores to senior vice president and chief operating officer, effective Feb. 1, 2010. Succeeding Comma will be Elana M. Hobson, who is currently the company's division vice president of operations initiatives. The announcement follows September's disclosure that longtime executive Paul L. Schultz will retire as president and COO on Jan. 31, 2010.
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 | 11/23/2009 Bucker buying unit of bankrupt truckstop operator
| | 11/23/2009 Leveraging real-estate opportunities, 7-Eleven planning 75 stores in North Texas
| | 11/20/2009 Nine-store acquisition from PCIS, Ridgerunner follows Green Lantern deal
| | 11/20/2009 Promotion follows sale of Quick Stuff c-stores, pending COO retirement
| | 11/19/2009 Supermarket retailer to grow in U.S. through new formats, including c-stores
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| | 11/17/2009 SIGMA committee briefed on unionizing, renewable fuels, gas taxes, credit-card fees
| | 11/17/2009 Includes sale of 164 stations, 339 contracts, to LUKOIL North America
| | 11/16/2009 Additional c-store, station openings, closings, sales from around the country
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| | 11/13/2009 Couche-Tard CEO's greatest strength may have been his restraint
| | 11/13/2009 Consumers must opt in to overdraft services
| | 11/12/2009 Conway Oil sues Couche-Tard for breach of contract over sale of c-stores in N.M.
| | 11/12/2009 Joint venture creates larger presence in market to facilitate targeted growth
| | 11/11/2009 "Project See-Store" defines convenience retailing environment
| | 11/10/2009 Iconic oil company puts remaining gas stations on block for 2010 exit
| | 11/10/2009 Western Refining sees net loss for quarter
| | 11/9/2009 Refining & Supply sees loss, Retail Marketing sees decrease in earnings
| | 11/9/2009 Will provide capital to operators in c-store, petroleum retailing industry
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