GPM Investments

GPM Investments

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About GPM Investments

GPM Investments, LLC, headquartered in Richmond, Virginia, is a leading convenience store operator in the United States. Established in 2003, the company has grown significantly through strategic acquisitions, expanding its footprint to approximately 3,200 locations across 33 states and Washington D.C.

As a wholly-owned subsidiary of ARKO Corp., GPM Investments operates a diverse portfolio of convenience store brands, including Fas Mart, Shore Stop, Scotchman, BreadBox, Young's, Li'l Cricket, Next Door Store, Village Pantry, Apple Market, Jiffi Stop, Admiral, Roadrunner Markets, E-Z Mart, 1 Stop, TownStar, and ExpressStop. This extensive range allows the company to cater to a wide array of customer preferences and needs.

Business Segments

The company's operations are organized into three primary segments:

  • Retail: This segment encompasses fuel and merchandise sales directly to consumers. Many of GPM's convenience stores feature hot, fresh food offerings, continually updating their selections to exceed customer expectations.
  • Wholesale: GPM supplies fuel to third-party dealers and consignment agents, extending its reach beyond company-operated stores.
  • GPM Petroleum: This segment supplies fuel to GPM's own sites in both the retail and wholesale segments, as well as to sub-wholesalers and bulk purchasers.

Value-Added Services

In addition to its core offerings, GPM Investments provides several value-added services to enhance the customer experience. The fasREWARDS® loyalty program enables customers to enjoy exclusive savings on merchandise and fuel. The company also offers prepaid products, Western Union kiosks, and RedBox rentals.

Growth through Acquisition

GPM Investments has demonstrated a strong commitment to growth through acquisition. In 2023, the company expanded its presence by acquiring Transit Energy Group, adding 135 convenience stores and extending its reach into Alabama and Mississippi.

Later that year, GPM acquired WTG Fuels Holdings LLC, which included 24 Uncle's Convenience Stores and 68 Gascard-branded cardlock sites.

Locations

GPM Investments operates in numerous states across the US, offering a broad reach to meet consumer needs.

  • Arkansas, Connecticut, Delaware, Florida
  • Illinois, Indiana, Iowa, Kentucky
  • Louisiana, Maryland, Michigan, Missouri
  • Nebraska, New Jersey, North Carolina, Ohio
  • Oklahoma, Pennsylvania, South Carolina, Tennessee
  • Texas, Virginia, Alabama, Mississippi
  • Additional locations include Hartford, CT; New Haven, CT; Colorado Springs, CO; Thornton, CO; Longmont, CO; Westminster, CO; Chandler, AZ; Scottsdale, AZ; Glendale, AZ; Tucson, AZ; Fayetteville, AR; Little Rock, AR; Omaha, NE; Edmond, OK; Oklahoma City, OK; Orlando, FL; Knoxville, TN; El Paso, TX; Richmond, VA

Company Outlook

GPM Investments' dedication to innovation, customer satisfaction, and strategic growth has solidified its position as a prominent player in the convenience store industry.

The company continually adapts to meet the evolving needs of its diverse customer base, maintaining its stronghold in a competitive market.

GPM Investments Frequently Asked Questions

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