The Pantry, Inc. expands
They have acquired 19 convenience stores in North Carolina from Lee Moore Oil Company, the stores operated under the TruBuy and On-The-Run banners.
14/02/06 Sanford, North Carolina based convenience store chain operator, The Pantry, Inc. just added 19 new convenience stores to their roster.
They have acquired 19 convenience stores in North Carolina from Lee Moore Oil Company, the stores operated under the TruBuy and On-The-Run banners. This latest acquisition also includes various fuel supply arrangements, as these convenience stores for the most part have a gas station on premises. The new stores have generated revenue upwards of $66 million in 2004 and this could have a positive effect on The Pantry's upcoming quarters.
The Pantry continues to solidify their position as the leading independently operated convenience store chain in the southeastern United States.
