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Report: Starbucks among the bidders for Tully’s Coffee
New York -- Starbucks Coffee Co. is one of seven bidders for Tully's Coffee, according to The Seattle Times. The bids were filed on Thursday as part of an auction process for Tully's, which filed for bankruptcy protection in October.
The report said that Starbucks’ offer is for about half of the Tully’s stores. Tully's currently has 47 company-operated stores.
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Murphy Oil announces deal with Wal-Mart for 200 fuel stations
El Dorado, Ark. -- Murphy Oil USA announced Wednesday it has entered into an agreement with Wal-Mart Stores Inc. for 200 new fuel stations in the midwestern and southeastern U.S.
According to the agreement, Murphy Oil will build more than 200 new fuel stations at existing Wal-Mart Super Centers over the next three years.
Steven Cosse, president and CEO, Murphy Oil Corp., said the agreement with Wal-Mart is a significant step forward for the pair’s long-term relationship.