The Pantry Inc. has executed a new gasoline branding and supplies agreement with Chevron, covering the 66 Petro Express convenience stores that The Pantry recently acquired in North Carolina and South Carolina.
Under the agreement, all of the gasoline operations at the Petro Express stores will be converted to Chevron’s Texaco brand in the coming months. The Pantry already has an existing long-term gasoline supply agreement with Chevron covering approximately 200 of its convenience stores.
“We are pleased to expand our relationship with Chevron to include our new Petro Express operations,” said CEO Pete Sodini. “The Texaco brand has good recognition in the Carolinas, and this agreement provides us with dependable fuel supplies for some of our highest-volume stores. It also enhances the overall flexibility and security of our gasoline supply.”