Sunoco buys 48 retail sites around New York City

Group 1 - Sunoco sold many of its retail sites to 7-Eleven in early 2024, raising questions about its commitment to owning retail sites, but later acquired Parkland Corp. for $9.1 billion in 2025, indicating a renewed focus on expanding its retail footprint [3] - In January 2026, Sunoco announced the acquisition of 36 Pops Marts locations and a wholesale fuel distribution business, followed by the purchase of the convenience retail division of Jernigan Oil, which included 56 Duck Thru c-stores, and is now adding an additional 48 sites [4][8] - The recent acquisition from Capitol Petroleum Group includes 48 retail and fuel sites in the greater New York City metro region, expanding Sunoco's total acquisitions in 2026 to 140 sites [8] Group 2 - Capitol Petroleum Group will retain 35 locations in the New York City area and more in the Washington, D.C. metro area, capitalizing on the trend of larger retailers pursuing mergers and acquisitions [5][6] - The current marketplace remains favorable for convenience and gas operators interested in selling assets or exiting the industry, as noted by industry experts [6]