ARKO Corp. Opens New Scotchman Truck Stop in Rock Hill, SC
09 December 2021 - 12:00AM
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 StatementsThis 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 ContactAndrew PetroMatter on behalf of
ARKO(978) 518-4531apetro@matternow.com
Investor ContactChris MandevilleICR on behalf
of ARKOARKO@icrinc.com
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