Richmond, Va.-based GPM Investments LLC, a wholly owned subsidiary of ARKO Corp., announced the closing of the acquisition of the ExpressStop chain, including 60 convenience stores with gas in Michigan and Ohio. The acquisition complements GPM’s consolidation strategy and adds to its already existing stores in Michigan and Ohio. “We are excited to complete this…
Beck Suppliers Celebrates 70th Anniversary
“Honest products and friendly service at a fair price.” If that sounds to you like the values of a business from a long-ago era, you’d be right. But it’s also the operating principle of one of the most successful family-owned businesses in Ohio — a Fremont-based company founded in 1950 that recently celebrated its 70th…
Soapy Joe’s Wins Stevie Award for Tunnel of Love Promo
Soapy Joe’s was named the winner of a Gold Stevie Award in the PR Campaign of the Year category in the 19th Annual American Business Awards for its Tunnel of Love 2020 campaign. Soapy Joe’s Tunnel of Love 2020 campaign took place on Valentine’s Day and brought the San Diego community together by celebrating love,…
Love’s Kicks Off Summer Drive Promo
Love’s Travel Stops is now giving customers the chance to save money on food, snacks and drinks this summer with its Summer Drive deals. Customers can save $1 or more on today’s most popular items, including Love’s-branded food and drinks, through June 30. The company based the deals off of customer habits to provide the…
New Track My Order Tool Helps Core-Mark Customers With Delivery Logistics
Core-Mark International has made its innovative delivery management tool, Track My Order, available to all of the company’s 40,000 retail customers across the U.S. and Canada. Introduced in early 2020 in select Core-Mark divisions, the free Track My Order application enables retailers to receive real-time updates on delivery status, either by e-mail or text. It…
COVID and Consumer Behavior Kicks Off NAG/YEO Spring Leadership Series
The National Advisory Group and Young Executives Organization Spring Leadership Series kicked off May 19 with “How Consumer Behavior Has Changed During COVID,” a presentation from Casey Taylor, vice president of client success for market analyst and consulting firm CivicScience. Taylor outlined the changes wrought by a year and a half of pandemic lockdowns and…
GPM’s Parent ARKO Releases Q1 Financials
Richmond, Va.-based ARKO Corp., the seventh-largest convenience store chain in the U.S., announced financial results for the first quarter ended March 31, 2021. The company operates or supplies fuel to approximately 2,950 locations in 33 states and Washington, D.C., comprised of approximately 1,325 company-operated stores and approximately 1,625 dealer sites to which it supplies fuel.…
7-Eleven Inks Agreements to Sell 293 Stores
7-Eleven Inc. announced this week that it has signed definitive agreements to sell 293 Speedway and 7-Eleven stores to three separate buyers. This follows the completion of 7-Eleven’s acquisition of Speedway from Marathon Petroleum Corp. on May 14. In March, 7-Eleven signed a definitive agreement to sell 124 Speedway and 7-Eleven sites in the Midwest,…
Anabi Oil to Acquire 124 Speedway Stores From 7-Eleven
Anabi Oil, a family owned and operated business based in Upland, Calif., announced that it will purchase 124 Speedway stores in the Midwest, Northeast, Utah and Florida. Anabi Oil is acquiring the stores from 7-Eleven, which recently completed the acquisition of Speedway from Marathon Petroleum Corp. Anabi Oil is one of the largest Shell-branded wholesalers…
Performance Food Group to Acquire Core-Mark
Performance Food Group Co. and Core-Mark Holding Co. Inc. announced that they have entered into a definitive agreement for Richmond, Va.-based PFG to acquire Westlake, Texas-based Core-Mark in a stock and cash transaction. Under the terms of the transaction, which has been unanimously approved by the boards of directors of each company, Core-Mark shareholders will…