In December 2018, TravelCenters of America LLC (TA) completed the sale of its stand-alone Minit Mart convenience-store business to Cincinnati-based EG Group (No. 8) for an aggregate sale price of $330.8 million. The deal included Minit Mart’s 225 c-stores, one stand-alone restaurant, five parcels of land and certain related assets.
About a week after the deal was announced in September 2018, TA opened its first four travel centers under its new TA Express smaller-format brand. TA Express offers “smaller, more nimble facilities allowing drivers to fuel faster, fulfill basic travel needs and return to the road,” the company said.
Source: Convenience Digital Resource Library, Technomic. For benchmarking purposes, store counts are year-end 2018.
|No. of Stores:||261|
|Rank Last Year:||17|