Marathon to acquire Andeavor (Tesoro)

jamcool
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Re: Marathon to acquire Andeavor (Tesoro)

Post by jamcool » May 21st, 2018, 6:46 am

What happens to AM-PM? It is a different operating style than Speedway. The Midwest is different from the West Coast.

storewanderer
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Re: Marathon to acquire Andeavor (Tesoro)

Post by storewanderer » May 22nd, 2018, 9:07 pm

jamcool wrote:
May 21st, 2018, 6:46 am
What happens to AM-PM? It is a different operating style than Speedway. The Midwest is different from the West Coast.
AM PM is controlled by BP so those are under agreements with BP. I don't see much of an operating style at all with AM PM unless poor execution, high prices, and extreme inconsistency in operations, store odor, restroom availability, and even hours of operations are considered an operating style.

They could debrand most of the AM PMs and I doubt it would impact sales in the stores much at all. The few AM PMs that were built by BP were actually quite nice, but even some of those have weird execution issues due to the loose (nonexistant?) franchise standards.

Here in Reno someone actually opened a new Arco/AM PM inside a vacant gas station (had been a 7-Eleven long ago). The place is not doing well at all. It is nicely remodeled and so far the operator is keeping it clean and the employee on duty is always polite and friendly. The nearby Maverik and 7-Eleven are both kicking it, even with higher fuel (and in some cases store) pricing at both. The AM PM is dead. Also down in Carson City in the past six months two of the AM PMs have debranded (still Arco fuel, just no more AM PM) and they seem to have the same amount of store traffic as they did before and the stores are no different than before.

Not many new Arco brandings come with AM PM in Tesoro territory, but there are more in BP territory. For instance a ton of new Arco brandings down in Las Vegas (former Rebel Oil sites), none are taking AM PM Store, just the Arco fuel.

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