EG America's store count declined by 68 sites in 2022. A division of U.K-based EG Group, EG America made its way into the top rankings of CSP's Top 202 in short order, starting with its initial acquisition in the United States of Kroger Co.'s 762 convenience stores in April 2018. The international retailer, with global headquarters in Blackburn, U.K., has continued to acquire U.S. chains since.
Notably in 2018, EG Group acquired TravelCenters of America's 225 stand-alone Minit Mart c-stores. Then in 2019, EG Group acquired 54 Fastrac locations, 69 Certified Oil locations and 566 Cumberland Farms locations.
In 2022, EG Group began rebranding its Tom Thumb locations to the Cumberland Farms brand. The $50 million project will span two years and include 113 Tom Thumb locations and new locations across Florida and Alabama. Also in 2022, analysts and media outlets began reporting that EG Group was interested in selling off some or all of its U.S. assets. As of press time, no deals or negotiations had been confirmed.
EG Group was founded as Euro Garages in 2001, when it acquired a single gas station near Manchester, U.K. Euro Garages acquired sites over the next decade until it was merged with European Forecourt Retail Group, with more than 1,100 sites split between Belgium and France, in 2014. The combined companies became EG Group.
For benchmarking purposes, store counts are as of Jan. 1, 2023.
|No. of Stores:||1682|
|Rank Last Year:||4|