M&A


  • Shell
    Image attribution tooltip
    Retrieved from Shell.
    Image attribution tooltip

    Shell sold or closed 800 branded retail sites last year

    Despite the eye-catching number, a company spokesperson emphasized that U.S. retail remains a growth priority.

    By March 16, 2026
  • Coen Markets
    Image attribution tooltip
    Retrieved from Coen Markets.
    Image attribution tooltip

    Cumberland Farms to acquire Coen Markets

    The East Coast retail brand, which appears to be playing an expanded role in the U.S., is purchasing a regional competitor during a time of rapid growth.

    By March 12, 2026
  • Sunoco
    Image attribution tooltip
    Getty Images
    Image attribution tooltip
    Column

    3 Big Numbers: Sunoco steps up its c-store focus

    The largest independent fuel distributor in North America is also making a daring move up the ranks of convenience retailers.

    By March 6, 2026
  • 7-eleven
    Image attribution tooltip
    Retrieved from Google.
    Image attribution tooltip

    7-Eleven expands Las Vegas presence with 15-store acquisition

    All locations had operated under the Short Line Express Market chain and featured Thrifty Ice Cream shops, which 7-Eleven appears to be keeping.

    By March 4, 2026
  • Sunoco
    Image attribution tooltip
    Retrieved from Sunoco.
    Image attribution tooltip

    Sunoco buys 48 retail sites around New York City

    The deal, which encompasses part of Capital Petroleum Group’s business, is the energy company’s third retail acquisition announced so far this year. 

    By March 4, 2026
  • Monfort
    Image attribution tooltip
    Retrieved from Boulder Group.
    Image attribution tooltip

    Denver-based c-store retailer exits the industry

    Monfort Companies, which at its peak operated 80 c-stores, has quietly been divesting its locations since 2023 to buyers including 7-Eleven and Kent Companies.

    By Feb. 26, 2026
  • A photo of a convenience store and gas station. The fuel canopy reads "Sunoco" while a sign on the store says "A Plus."
    Image attribution tooltip

    Retrieved from https://www.schmitzservices.com/

    Image attribution tooltip

    Is Sunoco poised for more c-store growth? Signs point to yes.

    Although the company hasn’t said how it will handle its now expansive retail network, it’s already bought 92 sites so far this year and has more M&A plans in the works.

    By Feb. 18, 2026
  • A photo of the exterior of a gas station and convenience store. Signs over the ful pumps and the door into the store say Ridi'se
    Image attribution tooltip
    Courtesy of Ridi Stores
    Image attribution tooltip

    Ridi Stores enters Indiana via 4-store acquisition

    In buying McIntosh Energy, the Ohio-based retailer picked up four MacFood Mart stores and a standalone fleet fueling site. 

    By Feb. 18, 2026
  • Jacksons Food Stores
    Image attribution tooltip
    Permission granted by Jacksons Food Stores
    Image attribution tooltip

    Matrix Capital Markets acquired by Citizens Financial

    The c-store M&A advisory firm has coordinated deals like Sunoco’s purchase of Jernigan Oil and Jacksons Food Stores’ buyout of Redwood Market.

    By Feb. 18, 2026
  • A photo of the first FreeWire EV charging station at a Duck Thru convenience store.
    Image attribution tooltip
    Permission granted by FreeWire
    Image attribution tooltip

    Sunoco snaps up 56 more c-stores

    After the fuel giant bought Parkland last year, some wondered if it would sell the retail locations it got in the deal. Instead, Sunoco has added more.

    By Feb. 11, 2026
  • minuteman
    Image attribution tooltip
    Retrieved from Minuteman Food Mart.
    Image attribution tooltip

    Campbell Oil acquires North Carolina fuel distributor

    After spending the past couple years investing in its Minuteman Food Mart c-store chain, Campbell’s  latest deal signals that the company is keen on growing its fuel services segment.

    By Feb. 2, 2026
  • A box of Uno pizza.
    Image attribution tooltip
    Permission granted by Brynwood Partners
    Image attribution tooltip

    Rich Products acquires largest private label pizza manufacturer in North America

    By integrating Great Kitchens Food Company, Rich’s aims to “create a vertically integrated topped pizza and flatbread platform,” the company said on Monday.

    By Jan. 27, 2026
  • Nathan's Famous hot dog eating contest.
    Image attribution tooltip
    Andrew Renneisen via Getty Images
    Image attribution tooltip

    Smithfield Foods to buy Nathan’s Famous for $450M

    The purchase of the iconic hot dog brand will enable the pork giant to grow sales of its packaged meat business — its largest segment.

    By Christopher Doering • Jan. 22, 2026
  • pops mart
    Image attribution tooltip
    Retrieved from Pops Mart.
    Image attribution tooltip

    Pops Mart sells all 54 c-stores, wholesale business

    The East Coast retailer has divided its convenience retail and fueling business among three buyers, including Sunoco and Petroleum Marketing Group.

    By Jan. 21, 2026
  • Stinker
    Image attribution tooltip
    Retrieved from Corner Realty.
    Image attribution tooltip

    Stinker Stores sells 12 c-stores in Colorado

    Murphy USA acquired four of the sites — most of which are in the greater Denver area — while the rest were sold to local players.

    By Jan. 8, 2026
  • PMG
    Image attribution tooltip
    Retrieved from Google.
    Image attribution tooltip

    Petroleum Marketing Group acquires 9 c-stores in the Carolinas

    The deal features Blythewood Oil’s Sharpe Shoppe banner, which operates locations between Charlotte and Columbia.

    By Jan. 6, 2026
  • GetGo
    Image attribution tooltip
    Retrieved from GetGo.
    Image attribution tooltip

    6 burning questions for the c-store industry in 2026

    As the new year gets underway, several key storylines that impact retailers remain unresolved. Here are the ones we’re thinking about.

    By , Jan. 5, 2026
  • Couche-Tard
    Image attribution tooltip
    Retrieved from Couche-Tard.
    Image attribution tooltip

    How accurate were our 2025 c-store predictions? Here are our honest grades.

    We expected new technology, loyalty strategies and an incoming presidential administration to make waves in the industry. While our overall grades were good, a few estimations were off base.

    By Dec. 17, 2025
  • GetGo
    Image attribution tooltip
    Retrieved from GetGo.
    Image attribution tooltip

    The c-store mergers and acquisitions that defined 2025

    Although many deals happened this year, several stood out due to their size as well as what they meant for the companies and markets involved.

    By Dec. 10, 2025
  • A photo of the exterior of a travel stop. A sign in the parking lot says u-save  travel plaza.
    Image attribution tooltip
    Courtesy of Little General Store
    Image attribution tooltip

    Little General Stores buys 5 sites in West Virginia

    All of the U-Save sites are in Nicholas County, further cementing the retailer’s presence in the heart of the Mountain State.

    By Dec. 9, 2025
  • freedom oil
    Image attribution tooltip
    Retrieved from Freedom Oil.
    Image attribution tooltip

    Freedom Oil sells its 27 c-stores to Midwest competitor

    Nearly all of the sites are located in central Illinois, with about a third of them in neighboring cities Bloomington and Normal.

    By Dec. 9, 2025
  • A screenshot of a video, showing a fuel tanker driving past a building. Text on the tanker says "JB Dewar Fueling Excellence since 1933."
    Image attribution tooltip
    Retrieved from JB Dewar on December 05, 2025
    Image attribution tooltip

    California fuel distribution firm expands reach with acquisition

    In buying McCormix Corporation, JB Dewar gets three cardlock sites, a fuel transportation fleet and the only marine fuel dock in the Santa Barbara Harbor.

    By Dec. 8, 2025
  • Rebel
    Image attribution tooltip
    Permission granted by Anabi Oil
    Image attribution tooltip

    Anabi acquires 12 c-stores in California

    The deal includes nine Cox Family Stores near the San Francisco Bay area and three in the Lake Tahoe region.

    By Dec. 5, 2025
  • Brew Oil
    Image attribution tooltip
    Retrieved from Brew Oil.
    Image attribution tooltip

    Brew Oil acquires 14 sites in Iowa

    The Midwest retailer purchased 13 c-stores and one smoke shop from local entity Danlee Corp., bringing its footprint to nearly 50 sites across the Hawkeye State.

    By Dec. 1, 2025
  • Two business people signing a contract
    Image attribution tooltip
    simarik via Getty Images
    Image attribution tooltip
    Column

    3 Big Numbers: A slow year for M&A

    A report from investment banking firm Capstone Partners breaks down the state of c-store acquisitions in 2025 and how it stacks up to previous years.

    By Nov. 21, 2025