McLane Company, Inc. provides grocery, foodservice, and alcoholic beverage supply chain solutions for convenience stores, mass merchants, drug stores, military locations, and quick service and chain restaurants in the United States. It buys, sells, and delivers a range of consumer products through a network of distribution centers and private fleet in the United States. The company also offers solutions in the design, development, operation, and maintenance of systems and technology, including enterprise-wide software and services that meet convenience store and wholesale petroleum marketers' specialized needs. In addition, it provides third-party supply chain management services that includ...
4747 Mclane Parkway
Temple, TX 76504
Founded in 1894
The Pantry, Inc. Enters into A Distribution Service Agreement with Mclane Company, Inc
Mar 31 14
The Pantry, Inc. entered into a distribution service agreement with Mclane company, inc. The agreement, which will become effective upon the implementation of certain internal system changes required by Mclane to accommodate the terms of the agreement, will replace the distribution service agreement dated august 1, 2008, as amended, between the parties. The agreement is expected to be effective in early may, 2014 and will remain in effect until December 31, 2019 unless sooner terminated in accordance with its terms. subject to specified exceptions, the agreement provides for the company’s continued purchase from Mclane of the company’s requirements for all categories of food and non-food general merchandise products, including cigarettes and tobacco products, offered by Mclane and customarily supplied by convenience food wholesalers. The agreement contains provisions relating to product ordering and delivery, price and payment terms, service standards that must be satisfied by Mclane and default and other provisions customarily contained in supply agreements. The company purchased 56% of its merchandise, including most grocery and tobacco products, from mclane during fiscal 2013 and that percentage is not expected to change materially under the agreement.