RICHMOND, Va., Dec. 08, 2021 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO) (“ARKO” or the “Company”), the 6th largest convenience store chain in the U.S., is announcing the completion of its latest remodeled store, the third this year. The 5,660 square foot Scotchman® store in Rock Hill, South Carolina is a complete raze and rebuild.
“Our remodel initiative is focused on driving growth while delivering an enhanced customer experience,” said Arie Kotler, Chairman, President and Chief Executive Officer of ARKO. “We are focused on remodeling our stores to have a similar look and feel, all while maintaining the brands local communities know and love. This was the first chance we’ve had to apply our new interior look and customer experience to a raze and rebuild within the familiar Scotchman name customers trust.”
Key enhancements at the Rock Hill, SC Scotchman store location include:
- New interior and exterior design
- Truck stop location with a professional driver entrance
- Seven diesel pumps
- A focus on the fas branding to include fas DRINKS, fas EATS and fas REWARDS
- Branding of the newly relaunched fas REWARDS loyalty program on the interior
- A newly incorporated store deli featuring fried chicken, pizza and hot grab ‘n’ go snacking items
- Expanded hot, cold and frozen beverage assortment
- Three bean-to-cup coffee machines with always fresh Colombian, house, dark and decaf roast coffee
- Expanded grab ‘n’ go area for prepared foods including hot dogs, Tornados™, nacho cheese, chili and chips, breakfast and lunch sandwiches, burritos, pizza, wings and more
- Two expanded freezers for frozen foods including DiGiorno pizzas, Totino’s Pizza Rolls, Stouffer’s pizzas and frozen meals, Hot Pockets, Bagel Bites, Devour frozen meals and White Castle Cheeseburgers
- Breakfast offerings to include a warm grab ‘n’ go at the checkout for breakfast sandwiches and a self-serve individually wrapped donut assortment next to the coffee
- A Frazil™ frozen non-carbonated drink machine with Tiger’s Blood, Simply Mango, Blue Razzmatazz and Lemonberry flavors
- Deli digital menu boards
- Expanded fountain assortment featuring 19 flavors and chewy ice
- A new “What’s up Rock Hill Community” wall
- Expanded Roller Grills and new offerings
Earlier this year, ARKO announced remodeled locations in Collinsville and Mechanicsville as part of a larger remodel initiative. ARKO plans to remodel 360 out of approximately 1,415 company-operated stores across its family of community brands, investing approximately $360 million over three to five years to unify the stores in design while maintaining well-known local banners in each area. The goal of this initiative is to enhance the overall customer experience and value offerings, as well as expand product assortment.
The company will celebrate the newly remodeled location with a two-week-long grand opening event (located at 1500 Albright Road Rock Hill, SC 29730) from January 10 – 24, 2022 with exclusive promotions available for customers and enrolled fas REWARDS® members.
To learn more about ARKO, visit: www.arkocorp.com.
About ARKO Corp.
ARKO Corp. (Nasdaq: ARKO) owns 100% of GPM Investments, LLC (“GPM”). Based in Richmond, VA, GPM was founded in 2003 with 169 stores and has grown through acquisitions to become the 6th largest convenience store chain in the United States, operating or supplying fuel to approximately 3,100 locations in 33 states and the District of Columbia, comprised of approximately 1,415 company-operated stores and approximately 1,675 dealer sites to which we supply fuel. We operate in three reportable segments: retail, which consists of fuel and merchandise sales to retail consumers; wholesale, which supplies fuel to third-party dealers and consignment agents; and GPM Petroleum, which supplies fuel to our sites (both in the retail and wholesale segments). Our stores offer fas REWARDS® high value loyalty program, a large selection of beverages, coffee, fountain drinks, candy, salty snacks, and many other products to meet the needs of the everyday customer. To learn more about GPM stores, visit: www.gpminvestments.com. To learn more about ARKO, visit: www.arkocorp.com.
Forward-Looking Statements
This press release includes certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may address, among other things, our expected financial and operational results and the related assumptions underlying our expected results. These forward-looking statements are distinguished by use of words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would” and the negative of these terms, and similar references to future periods. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to, among other things, changes in economic, business and market conditions; our ability to maintain the listing of our common stock and warrants on the Nasdaq Stock Market; changes in our strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; expansion plans and opportunities; changes in the markets in which we compete; changes in applicable laws or regulations, including those relating to environmental matters; market conditions and global and economic factors beyond our control, including the potential adverse effects of the ongoing global coronavirus (COVID-19) pandemic on capital markets, general economic conditions, unemployment and our liquidity, operations and personnel; and the outcome of any known or unknown litigation and regulatory proceedings. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Detailed information about these factors and additional important factors can be found in the documents that ARKO files with the Securities and Exchange Commission, such as Form 10-K, Form 10-Q and Form 8-K. Forward-looking statements speak only as of the date the statements were made. ARKO assumes no obligation to update forward-looking information, except as required by applicable law.
Media Contact
Andrew Petro
Matter on behalf of ARKO
(978) 518-4531
apetro@matternow.com
Investor Contact
Chris Mandeville
ICR on behalf of ARKO
ARKO@icrinc.com
