Contact Us

“Business As Usual” at Binghamton-Area Hess Stores

Bob Joseph/WNBF News

Those Hess signs at several stores across Broome County aren’t about to vanish.

Hess Corporation has been making changes in its business operations and a company announcement resulted in many news reports suggesting the company brand soon would be gone at retail outlets it operates across eighteen states.

But Hess Corporation spokesman Dennis Moynihan today told WNBF News the company has “absolutely no plans” to close its stores.

Moynihan said the Hess divestiture of its retail stores is “in the early stage and will take some time.” For now, it’s “business as usual” at all Hess locations.

Hess Corporation on Monday announced it plans to get out of its so-called “downstream businesses” — including retail, energy marketing and energy trading.

Moynihan said it’s “too soon to know” exactly what will happen with Hess store locations as the company finalizes divestiture plans. Stores could be sold and ultimately operated by another owner but might continue to feature the “Hess” brand.

Moynihan said the brand is “strong and valuable” and will live “long into the future.”

Hess closed some underperforming locations in Broome County, including retail sites in Vestal and Endwell, a few years ago.

The company closed its refinery in Port Reading, New Jersey, last week and it’s selling off its terminals.

Moynihan said the Hess toy truck program, which has been an annual tradition for almost a half-century, will continue.

 

More from WNBF

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://wnbf.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on WNBF News Radio 1290 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Sign up for an account to comment, share your thoughts, and earn points to get great prizes.

Register on WNBF News Radio 1290 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!