Shell/Landmark

Shell Retail and Convenience Operations LLC, a wholly owned subsidiary of Shell Oil Products US, returns to the top of the c-store ranks with its October acquisition of 248 fuel and convenience-retail sites from the Landmark group of companies, whose stores operate in Texas under the Timewise brand. The agreement also included supply agreements with an additional 117 independently operated fuel and c-stores. Shell had largely exited retailing in the United States in the early 2000s, opting instead to pursue upstream profits rather than downstream retail opportunities. This acquisition marks Shell’s first major acquisition in recent years, and Shell indicated that the Landmark acquisition would serve as the foundation that will allow the company to grow its company-operated network in the United States.

For benchmarking purposes, store counts are as of Jan. 1, 2022.