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7-Eleven buying large chunk of Sunoco

Posted: January 11th, 2024, 2:50 pm
by SamSpade
7-Eleven will be buying up a large portion of Sunoco convenience stores so that they can focus more on other areas of the business. I feel like we may have already discussed this here, but it seems to be hitting mainstream news sources today.
Sunoco to sell 204 stores to 7-Eleven

Re: 7-Eleven buying large chunk of Sunoco

Posted: January 11th, 2024, 4:18 pm
by jamcool
Most of those Sunoco-owned stores are in areas that there were Alon/7-11s. Most of which have been converted into DK stores by Alon’s parent DelekUSA.

Re: 7-Eleven buying large chunk of Sunoco

Posted: January 11th, 2024, 4:38 pm
by BillyGr
SamSpade wrote: January 11th, 2024, 2:50 pm 7-Eleven will be buying up a large portion of Sunoco convenience stores so that they can focus more on other areas of the business. I feel like we may have already discussed this here, but it seems to be hitting mainstream news sources today.
Sunoco to sell 204 stores to 7-Eleven
Or it may just be that they bought other Sunoco stores in the past (such as a very few here that were part of the AM/PM branding, originally from Atlantic fuels a number of years back - with their promotional commercial set to the tune that Notre Dame uses for their song).

Re: 7-Eleven buying large chunk of Sunoco

Posted: January 11th, 2024, 6:11 pm
by storewanderer
BillyGr wrote: January 11th, 2024, 4:38 pm
SamSpade wrote: January 11th, 2024, 2:50 pm 7-Eleven will be buying up a large portion of Sunoco convenience stores so that they can focus more on other areas of the business. I feel like we may have already discussed this here, but it seems to be hitting mainstream news sources today.
Sunoco to sell 204 stores to 7-Eleven
Or it may just be that they bought other Sunoco stores in the past (such as a very few here that were part of the AM/PM branding, originally from Atlantic fuels a number of years back - with their promotional commercial set to the tune that Notre Dame uses for their song).
What is funny about this is this is a good portion of this, including the entire Albuquerque market, represent the old Alon/7-Eleven units and many of these were very recently debranded from 7-Eleven. I guess they can go right back to 7-Eleven again. These are very low quality, old, outdated sites. A perfect fit for 7-Eleven. A few newer sites may be mixed in there somewhere.

Re: 7-Eleven buying large chunk of Sunoco

Posted: January 12th, 2024, 6:43 am
by mbz321
I thought 7-11 already took over all of Sunoco's retail operations...I guess that was only in the Northeast at the time.

Re: 7-Eleven buying large chunk of Sunoco

Posted: January 12th, 2024, 7:51 am
by jamcool
The Sunoco sites in NM are mostly in Eastern NM, adjoining Texas. In the rest of NM there is Speedway, especially in Albuquerque. I noticed in ABQ several 7-11s converted to DKs. And a bunch of ex-7-11s that are now part of some independent chain-they use the existing 7-11 signage frames-that all sell Alon fuel. And there are many Speedways-which were originally Giant stores until the Marathon takeover. There have been no Speedway-to-7-11 conversions in that area-or in the rest of NM and AZ, other than offering Big Gulps and Slurpees.

Re: 7-Eleven buying large chunk of Sunoco

Posted: January 12th, 2024, 8:01 am
by wnetmacman
This purchase allows 7-11 to take in the remaining part of Stripes/Laredo Taco that they do not already own, per multiple sites.

Re: 7-Eleven buying large chunk of Sunoco

Posted: January 12th, 2024, 8:19 am
by BillyGr
mbz321 wrote: January 12th, 2024, 6:43 am I thought 7-11 already took over all of Sunoco's retail operations...I guess that was only in the Northeast at the time.
Not even all of them there, just the ones that were part of that AM/PM group coming from the former Atlantic fuels.

There are still many Sunoco stores that are not part of 7/11 all over this area in NY.

Re: 7-Eleven buying large chunk of Sunoco

Posted: January 12th, 2024, 8:53 am
by veteran+
SamSpade wrote: January 11th, 2024, 2:50 pm 7-Eleven will be buying up a large portion of Sunoco convenience stores so that they can focus more on other areas of the business. I feel like we may have already discussed this here, but it seems to be hitting mainstream news sources today.
Sunoco to sell 204 stores to 7-Eleven
That is not good news.

7-Eleven will destroy whatever is good about Sunoco.

Re: 7-Eleven buying large chunk of Sunoco

Posted: January 12th, 2024, 5:39 pm
by mbz321
BillyGr wrote: January 12th, 2024, 8:19 am I thought 7-11 already took over all of Sunoco's retail operations...I guess that was only in the Northeast at the time.
Not even all of them there, just the ones that were part of that AM/PM group coming from the former Atlantic fuels.

There are still many Sunoco stores that are not part of 7/11 all over this area in NY.
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I'm all confused how the company is divided now and who controls what. I thought all Sunoco's with APlus (a brand that came from Atlantic when Arco went away in the Northeast?) branded mini marts were company owned, and that is what 7-11 acquired, but now I have no idea as I see a few APlus units have converted to 7/11 (fuel still branded Sunoco), a few that have completely de-branded to generic 'Food Mart' status (sold to independent operators?), and others that have received a remodel with the new APlus branding. And then there were plenty others that never had APlus branding to begin with (either generic mini mart and/or mainly an auto repair facility) :?