Convenience Store News

MAR 2017

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28 Convenience Store News | MARCH 2017 | WWW.CSNEWS.COM I n 2014, it was GPM Investments LLC and its 120-percent store count increase, mostly driven by its acquisition of VPS Convenience Store Group's Southeast division. In 2015, it was Speedway LLC and its 86-percent growth spurt on the heels of purchasing Hess Corp.'s retail network. In 2016, it was Alimentation Couche-Tard Inc. with a 39.4-percent boost to its U.S. footprint following its takeover of The Pantry Inc., parent of the Kangaroo Express chain. This year, Western Refining Inc. joins the ranks atop the Convenience Store News Top 20 Growth Chains list. Between January 2016 and January 2017, the El Paso, Texas-based company saw its conve- nience store portfolio jump 119.4 percent, adding 295 net new stores for a total store count of 542. This accomplishment was largely driven by the company's acquisition of Northern Tier Energy LP. The deal, which closed in June, added 170 Midwest c-stores to Western Refining's footprint — primarily carrying the SuperAmerica banner — and another 114 fran- chised locations supported by Northern Tier under the SuperAmerica trademark. Nearly two months after the closing, Western Refining CEO Jeff Stevens reported that the newly A New Angle for Growth By Melissa Kress & Angela Hanson cover story Smaller fish were the targets of this year's CSNews Top 20 Growth Chains

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