Convenience Store News & Petroleum - C-Store News
Convenience store trends, insights and ideas for understanding your c-store customers and marketing to the right audience in the right way.
Top 202 Convenience Stores 2024 - CSP Daily News
For year-over-year benchmarking purposes, CSP’s Top 202 is a list of the largest convenience-store chains ranked by U.S. store count owned and operated or franchised as of Jan. 1, 2024. Any pending sales are not included. Chains without last year’s rank were not on the 2023 list.
Stewart’s Shops to Buy Jolley Convenience-Store Chain
Sep 27, 2024 · Stewart’s Shops has signed an agreement to buy the assets of St. Albans, Vermont-based Jolley Associates, including 45 convenience stores —38 in Vermont, five in New York and two in New Hampshire. The deal also includes petroleum products company S.B. Collins and heating oil business Clarence Brown.. The companies expect the acquisition, which requires federal regulatory approval, to close ...
GPM Investments LLC - CSP Daily News
With a history of building by merger and acquisition, Richmond, Virginia-based GPM Investments continued its growth strategy in 2023, closing a $370 million deal for Transit Energy Group, West Memphis, Arkansas and its affiliates, adding 135 c-stores to the company's operational footprint and expanding its southern retail territory into Alabama and Mississippi.
Murphy USA on Track to Complete 40 New Stores in 2024
Nov 12, 2024 · In total, 40 new stores and 47 raze-and-rebuilds are scheduled for completion in 2024, he said, but some projects could potentially slip into early 2025.. New stores are outperforming older stores, Jeff said. “For the 2022 and 2023 build classes, those 56 stores are having 292,000 gallons per store month and 43,000 merchandising contribution dollars per store month, which is 18% and 27% ...
Sheetz to Build Food Prep and Distribution Center, 2 C-Stores in ...
Oct 17, 2024 · Sheetz is planning to start construction soon on a $145 million food preparation and distribution center in Findlay, Ohio, creating an expected 750 jobs.. The Altoona, Pennsylvania-based convenience-store chain also will build two c-stores in the area, according to Findlay Hancock Economic Development. “Roadwork to install water and sewer lines is happening now, and it probably won’t be ...
Here Are the Top 40 C-Store Chains Ranked: A 2024 Update - CSP …
One of the most significant acquisitions was Salt Lake City-based Maverik purchasing Midwest powerhouse Kum & Go, West Des Moines, Iowa. The deal doubled the store count for Maverik’s “Adventure’s First Stop” brand and heralded the beginning of the end of a venerable c-store name in Kum & Go.. The future of another regional c-store brand, MAPCO, based in Franklin, Tennessee, remains ...
What’s Happening With SQRL? - cspdailynews.com
Over a period of just a few months, SQRL Holdings signed a master lease on 210 former Mountain Express gas stations and convenience stores, and then sold its c-store business. In April, SQRL agreed to sell its c-stores under SQRL Service Stations LLC to Gas Hub Investments LLC, SQRL CFO James Irvine told CSP.He said at the time about 180 SQRL c …
Nominations Open for CSP’s 2025 Category Manager of the Year …
Nov 14, 2024 · CSP is now accepting nominations for its 2025 Category Manager of the Year awards, and for the first time, winners will be selected from both small and large c-store chains in each category.Now in its 10th year, the CMOY awards honor category managers who are leading by example and pushing the convenience-store industry forward.
Amber Energy on Track to Acquire CITGO - cspdailynews.com
CITGO Petroleum Corp., which flies its brand flag at more than 4,300 U.S. gas stations, could have a new owner. Robert Pincus, the special master appointed by the U.S. District Court for the District of Delaware to oversee the sale of PDV Holding Inc., the parent of refiner and marketer CITGO, has selected Houston-based Amber Energy …