Finance & Capital Management

For more than 60 years fibreglass underground storage tanks (UST) have been the gold standard for the fuel industry.

Mondelēz International.

Retail sales in Canada “hit a wall'' in July after big gains in May and June, a sign that the economic recovery could be slow and bumpy.Statistics Canada said Friday overall retail sales in July rose 0.6% to $52.9 billion, helped by higher sales at motor vehicle and parts dealers and gasoline stations, after posting gains of more than 20% in both May and June.However, core retail sales, which exclude those two sectors, fell 1.2% in July, with building material and garden equipment sales dropping 11.6%.

A man who pleaded guilty to manslaughter in the gas-and-dash death of an Alberta gas station owner has been sentenced to seven years in prison.Mitchell Robert Sydlowski, 29, appeared Friday by video link in the Court of Queen's Bench in Wetaskiwin, Alta.Sydlowski, who is from Spruce Grove, Alta., was charged with second-degree murder but pleaded guilty in August to the lesser offence, as well as failing to remain at the scene of a fatal accident.“It goes without saying that this is a tragic situation,'' Justice John William Hopkins said as he delivered Sydlowski's sentence during an online court hearing.An agreed statement of facts submitted in the case said 54-year old Ki Yun Jo was killed after Sydlowski sped off in a stolen cube van without paying for $198 of fuel.

Following on its successful initiative with EV (electric vehicle) charging facilities in Europe, Montreal-based Alimentation Couche-Tard has announced it plans to offer charging sites at west coast U.S.

Fuel distributor Greenergy has acquired 100% of Amber Petroleum, an independent fuel distributor and retailer based in the Republic of Ireland.

Convenience Store News Canada is thrilled to announced that Cara Keating, president, PepsiCo Foods Canada, will deliver the keynote address at the Star Women in Convenience Virtual Celebration on November 4, 2020.Keating will speak about "Leading through change and adversity: lessons of leadership and resilience."As president of PepsiCo Foods Canada, she leads the Canadian businesses of Frito-Lay North America and Quaker Foods North America.A 15-year PepsiCo veteran, Keating has a wealth of experiences in various geographies, as well as in account management, customer insights, field and customer leadership roles.Since joining PepsiCo in 2004, Keating has climbed the ranks, consistently delivering results and taking on progressively senior roles in customer development and field leadership across Canada.

Calgary-based Parkland Corporation will acquire the license for the exclusive use of the On the Run trademark in the majority of U.S.