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Monday, September 28, 2009
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VOLUME 9
ISSUE 188
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Let the Sunshine In
Billionaire investor ready to grow some more as stores move toward rebranding
INDEPENDENCE, Kansas -- Even as the ink dries on contracts to buy two struggling convenience-store and gasoline-wholesale chains, Florida billionaire Jeff Greene is finding additional places to invest his money, most notably in discussions to buy into the Tampa Bay hockey team and elsewhere in convenience stores.
"The wholesale basis is on a very low margin," Greene, who purchased the bankrupt Crescent Oil and Appalachian Oil (Appco) chains this summer from Titan Holdings Corp., Texas, told The Miami Herald.
FULL STORY
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Open & Shut
More c-store, station openings, closings, sales and more from around the nation
OAK BROOK, Ill. -- Once again, CSP Daily News is offering this update on many of the new-store groundbreakings, raze and rebuilds, openings, reopenings, rebrandings, closures and sales announced around the country by chains small, medium and large, and which have not otherwise been reported on a day-to-day basis. Especially on the independent operator level, this recurring feature provides a regular snapshot of the constantly changing retail marketplace that includes such outlets as convenience stores, gas stations, truckstops, travel centers and related locations.
FULL STORY
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Turner Classics
CNN founder ponders wonderful life at Outlook Leadership conference
By Angel Abcede
PALOS VERDES, Calif. -- That hint of swagger and his mischievous grin were as evident on Ted Turner last week as they were almost 30 years ago when he announced the start of the world's first and decidedly most influential cable news channel. Atlanta-based Cable News Network, or simply CNN, would go on to global reach and herald in a fledgling Information Age. Almost as an afterthought, Turner would win the America's Cup yacht race, invent the Goodwill Games, own a World Series Championship baseball team, financially jump start the United Nations and purchase enough land to restore vast chunks of the United States to its pre-land-grab days.
FULL STORY
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All of the releases provided are protected by copyright and other applicable laws, treaties, conventions. All reproduction, other than for an individual user's reference, is prohibited without prior written consent. For editorial matters, please contact Greg Lindenberg at (630) 574-5075 ext. 233, glindenberg@cspnet.com. For advertising information, please contact Jim Bursch at (630) 574-5075 ext. 224, jbursch@cspnet.com. For subscription changes and problems, please contact Mary Magnani at (203) 283-9248 ext. 4, mmagnani@cspnet.com. Please email news, news tips, press releases, product releases, personnel announcements, daily poll suggestions, comments and other correspondence to glindenberg@cspnet.com. On Twitter: @glcspdn. Fax: (630) 574-5175. Mail: Greg Lindenberg, CSP, 1100 Jorie Blvd. #260, Oak Brook, IL 60523.
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