GPM Investments, parent company of Arko Corp., is fast scaling its food-focused store remodel program.
The retailer plans to open another 20 to 25 stores featuring its foodservice program, fas craves, after the initial seven stores of the pilot project have opened, Arie Kotler, president and CEO, told investors on the retailer’s Nov. 5 earnings call.
Arko said the program is designed to elevate the customer experience through improved layouts and the fas craves concept, which emphasizes hot grab-and-go, bakery, pizza and an expanded dispensed hot, cold and frozen beverage assortment.
“The name of the game is going to be foodservice and cold categories,” Kotler said, according to a transcript from financial services site AlphaSense.
Two remodeled stores reopened in the summer of 2025, and Arko said it plans to reopen a third location during fourth-quarter 2025 and the remaining four stores in the first half of 2026.
“We’re encouraged by the early performance of our new format stores,” Kotler said.
- GPM Investments is No. 7 on CSP’s 2025 Top 202 ranking of U.S. c-store chains by store count.
GPM Investments is a wholly owned subsidiary of Richmond, Virginia-based Arko Corp. It has more than 1,500 stores under more than 25 regional store brands, including fas mart, Li’l Cricket and Scotchman.
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