It’s been a challenging couple of years for convenience store operators, marked by wild fuel price fluctuations and exorbitant credit card fees. Despite the adversity, Chevron stood apart as one of the premier industry leaders. By advancing its Image Refresh program at ExtraMile convenience stores, growing the Texaco brand and introducing a no-fee credit card…
Sunoco Downsizing
Sunoco Inc. said it is selling off 165 convenience stores and gas stations in the Eastern U.S. The properties are located in selected markets in Florida, Massachusetts, Maryland, North Carolina, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, South Carolina, Tennessee and Virginia. Philadelphia-based Sunoco operates a network of approximately 4,700 retail sites—including the APlus…
EZ Energy Acquires 42 Stations
EZ Energy USA Inc., the U.S. entity of Israeli-based EZ Energy Ltd., has signed a contract to acquire 42 gas stations in the U.S. and all related inventory—as well as four lots—for a reported $32.6 million. When the deal is closed, EZ Energy will own 93 stores that sell approximately 160 million gallons of gas…