Love’s Travel Stops recently opened a new location in Piedmont, S.C., on Thursday, April 13. The travel stop, located off Interstate 85 at 1805 Easley Highway, adds 90 jobs and 91 truck parking spaces in Anderson County, S.C. “Love’s is excited to grow again in South Carolina, providing another clean, safe place for customers to…
ARKO Addresses Concerns in Bid to Acquire TA
On April 17, ARKO Corp. sent a letter to the board of directors of TravelCenters of America Inc. (TA) addressing potential concerns the board may have in correlation with ARKO’s bid to acquire TA. Previously, ARKO had sent a letter to TA’s board offering $92 a share for 100% of the company, rivaling bp’s bid…
bp Begins Oil Production in the Gulf of Mexico
bp announced it has started oil production at its Argos offshore platform, delivering more energy at a critical time. With a gross production capacity of up to 140,000 barrels of oil per day, Argos is bp’s fifth platform in the Gulf of Mexico and the first new bp-operated production facility in the region since 2008.…
Rutter’s Opens 85th Location
Rutter’s has opened its 85th location. Located in Orwigsburg, Pa., at 1160 Centre Turnpike, the brand-new Rutter’s is over 10,250 square feet, with 14 auto-fueling positions and four commercial fueling lanes. This brand-new location is open 24 hours a day and will feature Rutter’s food menu with billions of Made For You combinations. Additionally, the…
Street Corner Opens New Virginia Site
Topeka, Kan.-based Street Corner has opened a new store in the Eisenhower Building in downtown Alexandria, Va. It offers a wide variety of fresh and prepackaged food offerings, coffee and other sundry and grocery items to apartment dwellers, area employees and visitors enjoying an evening out. This marks the third Virginia store for the convenience…
Big Mike’s Gas N Go Opens in Ohio
Big Mike’s Gas N Go opened a new location in Lebanon, Ohio, and the ribbon-cutting ceremony took place on March 8 at 9 a.m. The new store is located at the intersection of Neil Armstrong Way and West Main Street and features Shell gasoline. At the time of opening, the store had plans to hire…
Love’s Acquires EZ GO
Love’s Travel Stops recently acquired EZ GO from Oklahoma-based Carey Johnson Oil Co, which includes six travel stops located on Oklahoma turnpikes, five on the Kansas turnpike and 11 convenience stores in Oklahoma and Nebraska. This is the first time Love’s footprint will include locations on a turnpike and is part of the company’s commitment…
Li’l Thrift Food Marts Sells
Li’l Thrift Food Marts Inc. and its affiliates Short Stop sold its 43 company-operated petroleum marketing and convenience retail stores to an affiliate of Petroleum Marketing Group Inc. Li’l Thrift was founded in 1971 by Vance Neal with a single store in Burlington, N.C. The company nearly doubled in size in 1985 with the acquisition…
Growing C-Store Chain to Expand in Northeast
A convenience store chain with a long-standing presence in New Jersey has decided to open four more stores in the state, building on a footprint that also spans Pennsylvania, Delaware, Maryland, Virginia, Florida and Washington, D.C. The new sites will be located at the following addresses, according to the Burlington Daily Voice. 3280 Route 38…
ARKO’s Arie Kotler Discusses Recent Acquisitions
ARKO Corp., a Fortune 500 company based in Richmond, Va., that owns GPM Investments, had a strong year in 2022 and is fresh off a string of acquisitions. It now represents the sixth largest convenience store operator in the U.S. In late February, ARKO reported record profitability for fiscal 2022, with operating income of $167…