In 2023, EG Group was facing potentially existential problems. The U.K.-based retailer had billions in debt coming due in 2025, according to media reports, and was actively pursuing ways to deleverage.
In the months that followed, the company garnered $1.5 billion in a sale-leaseback deal with Realty Income Corp. in the U.S., sold dozens of stores to retailers like Casey’s General Stores and offloaded its U.K. and Ireland business for nearly $3 billion. The dealmaking continued when EG Group on Monday announced plans to sell its Italian business for an enterprise value of 425 million euros, or nearly $500 million.
That breathing room has given the company space to invest in its remaining footprint and look to the future.
Since the beginning of 2025, EG America has overhauled its loyalty program, added a new fleet card and brought an AI-based planning tool to its stores. Leadership also has a new look, with EG Group naming new CEO Russell Colaco in April, then appointing him as the head of EG America a week later. The U.S. arm of the company also welcomed a new CFO, head of branded QSR operations and head of data and AI.
On the foodservice side, it debuted a grab-and go-program and added online ordering and delivery. And after selling so many stores over the past couple years, it took over nine Northeastern locations from Neon Marketplace in May.
Below is a selection of C-Store Dive’s coverage of how EG America has evolved this year.
