Sunoco snaps up 56 more c-stores

Group 1 - Sunoco acquired Parkland Corp. for $9.1 billion in 2025, gaining over 3,600 retail sites in North America, including nearly 700 convenience stores in the U.S. [3] - Instead of selling the retail locations, Sunoco is expanding its retail presence, as evidenced by its recent acquisition of Duck Thru, which focuses solely on retail locations [4][7] - The Duck Thru acquisition includes 56 stores located in eastern North Carolina and southeast Virginia, which will be integrated into Sunoco Retail [7] Group 2 - Jernigan Oil Company, which began as a farm machinery business in 1948, plans to reinvest the proceeds from the sale of Duck Thru into its other business operations, including propane distribution and fuels transportation [5] - The acquisition of Pops Mart earlier in the year, which included 36 stores and a wholesale business, further demonstrates Sunoco's commitment to expanding its convenience store portfolio [4][7]