Mergers & Acquisitions

MAPCO Exits Louisville, Little Rock

Retailer will invest in improving existing stores in core markets, adding new-to-industry locations
mapco

FRANKLIN, Tenn. — MAPCO has exited Louisville, Ky., and greater Little Rock, Ark., with the divestment of its convenience stores in those markets to focus on innovation in its core markets, the company said.

“After many wonderful years of serving the Louisville community, we transitioned the ownership and operation of MAPCO stores on Jan. 31, 2022,” the company said in a statement provided to CSP Daily News. It did not disclose the name of the buyer or other details of the divestments.

“We took pride in being part of the daily routine for many in the region and are thankful for our guests’ loyalty. This change allows us to make significant investments into improving guest experience at existing stores as well as growing the MAPCO brand. We are confident that these moves will bring positive changes to MAPCO and the communities where we participate, allow us to continue to serve better breaks and deliver convenience you can trust in 2022 and beyond,” the retailer said.

“During 2022, we expect to execute 20-plus projects between refreshes and new-to-industry locations,” the company said in an announcement on its website.

Among those slated improvements, MAPCO recently partnered with Grabango, a provider of checkout-free technology for existing stores, to add checkout-free operations to its c-stores, beginning with two MAPCO Express locations in Tennessee by fall 2022, one of which will be MAPCO’s newly designed format that presents a holistic “store of the future” experience.

The company recently began penetrating the Birmingham, Ala., market. In early 2021, MAPCO opened a store in Hoover, Ala., it’s first in the area. The more than 5,000-square-foot store is the first to use its new interior design and fuel canopy. The design features an emphasis on a new layout with natural light, natural tones and greenery.

Meanwhile, MAPCO has been named a 2022 Top Workplace USA by employee survey and research organization Energage, which develops the annual list of recognized employers based on the results of an Energage Workplace Survey distributed to employees. It compares 15 years of research, data from 70,000 organizations and 23 million employee surveys.

  • MAPCO is No. 25 on CSP’s 2021 Top 202 ranking of U.S. c-store chains by total number of company-owned retail outlets.

Franklin, Tenn.-based MAPCO, a unit of Compania de Petroleos de Chile (COPEC), operates more than 320 convenience and fuel retailing stores in the Southeast, including Tennessee, Alabama, Georgia, Arkansas, Virginia, Kentucky and Mississippi.

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