INDUSTRYROUNDUP
eye on growth n GPM Investments LLC ended 2014 by ramping up
acquisition activity. The company entered the Midwest in a deal with Road Ranger LLC to acquire 43 convenience stores. GPM Southeast also agreed to acquire eight One Stop Food Stores from Arey Oil Co. n CST Brands Inc. and CrossAmerica Partners LP
agreed to purchase 22 Texas convenience stores from Landmark Industries. The stores operate under the Timewise brand. CrossAmerica is also in the process of purchasing all the outstanding shares of Erickson Oil Products Inc., operator of Freedom Valu convenience stores, and certain related assets for $85 million.
The total purchase price was approximately $240 million. Aloha Petroleum will retain its brand name. n Empire Petroleum Partners LLC closed on an
acquisition of 17 more convenience stores from CST Brands Inc. This latest deal closely follows Empire’s acquisition of 11 former Corner Store sites from CST in November. n Flyers Energy LLC added the assets and business oper-
ations of Poma Distributing Co. Inc. and Redwood Coast Petroleum, as well as related entities from Poma Holding Co. Inc. n Boyett Petroleum pur-
chased the fuel distribution contracts for 90 branded 76 and Valero sites from MCW Fuels. The majority of the sites are in southern California.
n Sunoco LP com-
pleted its previously announced acquisition of Aloha Petroleum Ltd.
n Wawa Inc. will break ground on its first convenience
store in Palm Beach County, Fla., in 2016. The chain also opened its first site in Bradenton, Fla., in December.
retailer tidbits n JM Cos., owner and opera-
tor of SpeedStop convenience stores, is converting most of its BP-supplied gas stations in the St. Cloud, Minn., area to the SuperAmerica brand.
downtown Des Moines. The $92-million building is expected to be completed in 2017. n Kangaroo Express invited consumers to “take back
summer” by bringing their 2014 Roo Cup to any of its stores for unlimited 25-cent refills from Monday, Dec. 15 through Sunday, Dec. 21.
n U.S. Venture Inc. is stepping back as owner of the
Express Convenience Centers chain to concentrate on fuel distribution. About 34 Express locations will continue to operate as the retailer switches from a franchise operating model to a license model. n Wawa Inc. will become the first retailer in
the convenience channel to offer the CocaCola Freestyle fountain machine chainwide. The rollout will be completed by May.
n TravelCenters of America LLC, operator of the TA and
Petro Stopping Centers travel center brands, is partnering with the U.S. Department of Homeland Security Blue Campaign to combat human trafficking. n Pak-A-Sak completed a companywide rollout of PDI/
Labor Scheduler, a new web-based schedule management software released in 2014. n Stewart’s Shops Corp. dropped the price of milk at its
n Kum & Go LC hired Italian architect The Renzo Piano
Building Workshop to design its new headquarters in
18 Convenience Store News | JANUARY 2015 | WWW.CSNEWS.COM
stores by an average of 30 cents for a gallon of milk and an average of 16 cents per half-gallon.