This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Sheetz Applauds Governor Tom Corbett For Taking "A Bold Step In The Direction Of Changing The Way Adult Beverages Are Sold In Pennsylvania"

ALTOONA, Pa., Feb. 6, 2013 /PRNewswire/ -- Sheetz Convenience Restaurants support Governor Tom Corbett's efforts to modernize Pennsylvania liquor laws, stating that until now there has not been a state leader willing to push for change since Prohibition. The chain of more than 437 stores continues today to endorse the idea of reforming the way alcohol is sold in the Commonwealth as Gov. Corbett announces his proposed budget for 2013.

(Logo: http://photos.prnewswire.com/prnh/20061212/CLTU039LOGO)

"We have been lobbying for adult beverage sales reform for a long time," says Louie Sheetz, executive vice president, marketing.  "Although Gov. Corbett's proposal is centered around liquor, we are very excited that beer sales are part of the consideration. Allowing the private sector to manage the sale of alcoholic beverages is long overdue."

"It's a business model we are used to and our customers who buy beer truly appreciate the luxury of being able to stop at Sheetz on the way home or on their way to a gathering," adds Louie Sheetz. "We are confident in our ability to add beer to our offer and sell it responsibly here in Pennsylvania."

The plan in its current form, however, is considerably restrictive with quantity limits and licenses, by requiring annual renewal, would be too expensive. Hopefully, the governor will consider modifying some of the measures so that it makes better economic sense for us and other retailers."

SOURCE Sheetz, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs