GPM Investments LLC became one of the largest privately owned companies in the convenience channel when it acquired 263 stores in the Southeast from VPS Convenience Group in 2013. Since that purchase, GPM has continued to grow through acquisition and shed underperforming stores.
GPM operates under a portfolio of brands, including Fas Mart, Shore Stop, Scotchman, Admiral, Breadbox, Young’s, Li’l Cricket, Next Door Store, Village Pantry, Apple Market and Jiffi Stop.
In 2017, GPM announced yet another notable deal when it acquired the 273-store E-Z Mart chain based in Texarkana, Texas, from industry icon Sonja Hubbard. In 2009, Hubbard served as chairperson of the industry’s largest association, Alexandria, Va.-based NACS.
GPM’s Fas Mart brand features a notable foodservice offering, including fried chicken, panini sandwiches and fresh grab-and-go items.
Source: Convenience Digital Resource Library, Technomic. For benchmarking purposes, store counts are year-end 2017.
Photo courtesy of Fas Mart.
|No. of Stores:||1103|
|Rank Last Year:||7|