business news in context, analysis with attitude

  • 7-Eleven Inc. reported that total merchandise sales in December rose 5.4 percent to $623.1 million, Gas sales increased 9.9 percent to $277.9 million for the period. Same-store sales were up 4.5 percent.

  • Irradiation system provider SureBeam Corporation is filing for bankruptcy under Chapter 7 of the United States Bankruptcy Code, unable to reach a financing restructuring agreement with its primary lender.

    SureBeam reportedly will cease operating its business this Friday.

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