Uncover developments in the convenience retail industry as a result of mergers and acquisitions that could change the face of the competition.
The transaction will add 10 convenience stores to the retailer's current 20-store footprint.
The bid deadline for these East Coast properties is Feb. 20.
The asset acquisitions total approximately 180 million gallons of fuel annually across four states.
The travel center operator also amends its lease terms with HPT, its principal landlord.
News about acquisitions, trends and store openings closed out the year.
Many of the market conditions that have acted as a catalyst seem firmly entrenched.
The Convenience Store News Hall of Famer expects to continue being involved in the industry.
The pact also calls for CrossAmerica to give its general partner real estate and 17 Upper Midwest c-stores.
Planned upgrades include expanded food options at newly acquired and previously owned stores.
The assets of Associated Distributors include sunglasses and cellular accessories.
Northwest Ohio assets include nine convenience store locations.
The transaction expands Quarles' presence in eastern Virginia.