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ARKO Corp. Subsidiary to Open New Fast Market Store in Gilbert, Arizona
ARKO ARKO (US:ARKO) Newsfilter·2024-03-18 21:00

Core Insights - ARKO Corp. announced the groundbreaking of a new Fast Market branded convenience store in Gilbert, Arizona, which is set to open later this year [1] - The new store will cover 5,600 square feet and will offer a variety of food and beverage options, including fresh coffee, frozen drinks, and a selection of hot food items [2] - The store will feature over 35 parking spaces, four electric vehicle charging ports, and seven fuel dispensers, providing a total of 14 gas fueling points and four diesel fueling points [2] Strategic Focus - The new location aligns with ARKO's strategic pillars of growing sales in core categories, expanding the fas REWARDS® loyalty program, and enhancing food and beverage services [3] - The company emphasizes the importance of its loyalty program, which offers significant savings to enrolled customers [2][3] Company Overview - ARKO Corp. is a Fortune 500 company and one of the largest convenience store operators in the U.S., owning 100% of GPM Investments, LLC [4] - The company operates in four segments: retail, wholesale, GPM Petroleum, and fleet fueling, providing a wide range of products and services [4]