Denver-based c-store retailer exits the industry

Core Insights - Monfort Companies, which entered the convenience store industry in 2013, has sold its last c-stores and petroleum marketing business, marking its exit from the sector [4][7] - The company has decided to focus on real estate, private investments, and experiential assets, which it considers its "greatest competitive advantages" [4][5] - The trend of smaller convenience retailers selling their assets is expected to continue, driven by a challenging operating environment and stagnant customer visits [6][7] Company Overview - Monfort began its c-store operations by acquiring stores in Denver and expanded its footprint across several states, operating under various banners including 7-Eleven and Speedway [3] - At its peak, Monfort operated 80 c-stores and has been divesting locations since 2023, with the last 20 stores sold to Diamond Jubilee Oil [7] Industry Context - The convenience store industry is facing profitability challenges, leading many smaller retailers with fewer than 100 locations to sell their assets [6][7] - Experts predict that the trend of divestiture among smaller convenience retailers will persist into 2026 due to declining customer visits and flat transaction counts [6]