Numerous class-action lawsuits have been filed across the U.S. in 26 states, the District of Columbia and Guam, alleging oil companies and fuel retailers improperly profited from the sale of hot fuel. In a victory for QuikTrip, 7-Eleven and Kum & Go—three c-store retailers in a “hot fuel” lawsuit—a federal jury in Kansas City, Kan.…
The Pantry Purchases 47 Presto C-stores
Cary, N.C.-based The Pantry Inc., operator of Kangaroo Express, is purchasing 47 Presto Convenience Stores throughout Kansas and Missouri, including five in the Kansas City metro area. The locations-all but three of which are in Kansas-reported a revenue of about $194 million during the year that ended last May. The deal is expected to close…
Kansas Debates Higher Sin Taxes
The Kansas Senate Assessment and Taxation committee had a hearing Wednesday to hear all sides before ruling on the legislature’s proposed tax increases on cigarettes, liquor and fuel that would cover an estimated $400 million budget shortfall, the Kansas Reporter reported. Tom Palace, executive director of the Petroleum Marketers and Convenience Store Association of Kansas,…
Kansas C-Stores Offer Compromise on Beer
A struggle over liquor laws in Kansas continues, the Kansas City Star reported. C-stores and grocery stores have for years sought the right to sell full-strength beer in Kansas, but liquor stores have successfully blocked the legislation. This year the grocers and convenience store owners came up with a compromise for state lawmakers-allow c-stores to…
Evolution Fuels Acquires Second Kansas Fuel Station
Evolution Fuels Inc. has executed a second lease agreement with J&J Developments Inc. (J&J) for a fuel station located in Topeka, Kan. This is the second station of what Evolution Fuels expects will be a series of locations leased from J&J. The station is located on a prime intersection of Topeka that experiences an average…