Susser Holdings acquires 25 c-stores
Corpus Christi, Texas Susser Holdings Corp. has completed the previously disclosed acquisition of 25 convenience stores located in Texas and Louisiana.
Susser acquired the stores from Jack in the Box, and each location is co-branded with a Jack in the Box restaurant, all of which are being retained by Jack in the Box.
The acquisition includes leaseholds for 24 stores and the real estate underlying one property. Twenty-three stores are located across Texas, and two are in Louisiana.
Of the 25 stores, it is anticipated that four to seven of the Texas stores will be operated by Susser’s retail segment and will be rebranded to Susser’s proprietary Stripes brand.
It is also anticipated that independent dealers under long-term sublease and fuel-supply agreements with Susser’s wholesale fuel division will operate the remaining 18 to 21 stores. Sixteen of the 21 stores have already been converted to the dealer operation, including the one fee property.
Nokia Siemens names new CEO
ESPOO, Finland The Nokia Siemens Networks Board of Directors has appointed Rajeev Suri as CEO, effective Oct. 1. Suri succeeds Simon Beresford-Wylie, who will support Suri during a transition period through Nov. 1 before leaving the company.
Suri currently leads the Services business of Nokia Siemens Networks. Previous positions have included leading the Asia-Pacific region during a time of significant growth in both product and service sales; overseeing teams for important customers such as Hutchison; and managing products, such as the early cellular transmission portfolio of Nokia.
Best Buy rocks out for The Beatles
Best Buy announced that on Sept. 9 it is celebrating the release of The Beatles: ROCK BAND and The Beatles’ remastered studio albums by giving away all-expense paid trips to London to tour The Beatles’ famous stomping grounds, including an exclusive tour of Abbey Road Studios plus all access membership to its Reward Zone Premier Silver program.
Fans can enter to win the trips throughout the day with a variety of other Beatles memorabilia and giveaways occurring during live broadcasts with top morning show DJs in 10 cities across the country– Atlanta, Boston, Chicago, Dallas, Houston, Los Angeles, Minneapolis, New York, Philadelphia and San Francisco.
“With their timeless music, The Beatles have long been a favorite of Best Buy customers,” said Gary Arnold, senior entertainment officer for Best Buy. “The Beatles: Rock Band and The Beatles’ remastered studio albums are two of the most highly anticipated entertainment releases of the year, and we’re thrilled to celebrate with the fans and provide our customers a unique experience they can’t get anywhere.”