Stripes Stores is a chain of more than 700
convenience store
A convenience store, convenience shop, bakkal, bodega, corner store, corner shop, superette or mini-mart is a small retail store that stocks a range of everyday items such as convenience food, groceries, beverages, tobacco products, lotter ...
s in
Texas
Texas ( , ; or ) is the most populous U.S. state, state in the South Central United States, South Central region of the United States. It borders Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the we ...
,
Louisiana
Louisiana ( ; ; ) is a state in the Deep South and South Central regions of the United States. It borders Texas to the west, Arkansas to the north, and Mississippi to the east. Of the 50 U.S. states, it ranks 31st in area and 25 ...
,
New Mexico
New Mexico is a state in the Southwestern United States, Southwestern region of the United States. It is one of the Mountain States of the southern Rocky Mountains, sharing the Four Corners region with Utah, Colorado, and Arizona. It also ...
, and
Oklahoma
Oklahoma ( ; Choctaw language, Choctaw: , ) is a landlocked U.S. state, state in the South Central United States, South Central region of the United States. It borders Texas to the south and west, Kansas to the north, Missouri to the northea ...
, headquartered in
Corpus Christi, Texas
Corpus Christi ( ; ) is a Gulf Coast of the United States, coastal city in the South Texas region of the U.S. state of Texas and the county seat and largest city of Nueces County, Texas, Nueces County with portions extending into Aransas County, T ...
and owned by
7-Eleven
7-Eleven, Inc. is an American convenience store chain, headquartered in Irving, Texas. It is a wholly owned subsidiary of Seven-Eleven Japan, which in turn is owned by the retail holdings company Seven & I Holdings.
The chain was founde ...
. Most locations are former
Circle K
Circle K Stores, Inc. is a Canadian-American chain of convenience stores headquartered in Tempe, Arizona, and owned by Alimentation Couche-Tard, Alimentation Couche-Tard, Inc., based in Laval, Quebec. Founded in 1951 in El Paso, Texas, the comp ...
and
Town & Country Food Stores. Other convenience store brands they operate under include ''IceBox'' and ''Quick Stuff''. It is one of the largest non-refining operators of convenience stores in the United States. Many stores offer
Sunoco
Sunoco LP is an American master limited partnership organized under Delaware General Corporation Law, Delaware state law and headquartered in Dallas, Texas. Dating back to 1886, the company has transformed from a vertically integrated energy ...
,
Chevron,
Conoco
Conoco ( ), formerly known as Continental Oil, is an American Petroleum industry, petroleum brand that is operating under the current ownership of the Phillips 66 Company since 2012 and is headquartered in the Westchase, Houston, Westchase neigh ...
,
Exxon
Exxon Mobil Corporation ( ) is an American multinational oil and gas corporation headquartered in Spring, Texas, a suburb of Houston. Founded as the largest direct successor of John D. Rockefeller's Standard Oil, the modern company was form ...
,
Phillips 66
The Phillips 66 Company is an American Multinational corporation, multinational energy company headquartered in Westchase, Houston, Texas. Its name, dating back to 1927 as a trademark of the Phillips Petroleum Company, assisted in establishing ...
,
Shell
Shell may refer to:
Architecture and design
* Shell (structure), a thin structure
** Concrete shell, a thin shell of concrete, usually with no interior columns or exterior buttresses
Science Biology
* Seashell, a hard outer layer of a marine ani ...
,
Texaco
Texaco, Inc. ("The Texas Company") is an American Petroleum, oil brand owned and operated by Chevron Corporation. Its flagship product is its Gasoline, fuel "Texaco with Techron". It also owned the Havoline motor oil brand. Texaco was an Independ ...
,
Valero, and unbranded fuel; most locations previously sold fuel under the
CITGO
Citgo Petroleum Corporation, or Citgo (stylized as CITGO), is a United States–based refiner, transporter and marketer of transportation fuels, lubricants, petrochemicals and other industrial products. Headquartered in the Energy Corridor area ...
name, when the chain was Circle K. More than 300 locations also feature the proprietary Laredo Taco Company brand of Mexican fast food, or ''Country Cookin’'' branded fast food.
History
In 2007, the company acquired the
Town & Country Food Stores chain, and, in August 2009, it acquired 25 Quick Stuff convenience stores in Texas and Louisiana from
Jack in the Box Inc.
In August 2014, Stripes was acquired by Houston-based
Energy Transfer Partners
Energy Transfer LP is an American company engaged in the pipeline transportation, storage, and terminaling for natural gas, crude oil, NGLs, refined products and liquid natural gas. It is organized under Delaware state laws and headquartered in ...
, the parent company of East Coast fuel brand
Sunoco
Sunoco LP is an American master limited partnership organized under Delaware General Corporation Law, Delaware state law and headquartered in Dallas, Texas. Dating back to 1886, the company has transformed from a vertically integrated energy ...
, when ETP bought Susser Holdings Corporation, which operated more than 580 stories at the time.
In late 2017, all Stripes locations in Louisiana and parts of Texas were sold to
7-Eleven
7-Eleven, Inc. is an American convenience store chain, headquartered in Irving, Texas. It is a wholly owned subsidiary of Seven-Eleven Japan, which in turn is owned by the retail holdings company Seven & I Holdings.
The chain was founde ...
. 7-Eleven set out to buy all the Texas, New Mexico, and Oklahoma locations as well but could not get around a
noncompete agreement with 7-Eleven franchises such as
Delek US Holdings. However, 7-Eleven has since acquired the remaining Stripes locations following Delek terminating its franchising agreement and rebranding its stores as DK, with 7-Eleven remaining in those markets through Stripes (or
Speedway
Speedway may refer to:
Racing Race tracks
*Daytona International Speedway, a race track in Daytona Beach, Florida.
*Edmonton International Speedway, also known as Speedway Park, a former motor raceway in Edmonton, Alberta.
*Indianapolis Motor Spe ...
for
El Paso, Texas
El Paso (; ; or ) is a city in and the county seat of El Paso County, Texas, United States. The 2020 United States census, 2020 population of the city from the United States Census Bureau, U.S. Census Bureau was 678,815, making it the List of ...
stores).
While Stripes is found throughout Texas and overlaps with Speedway in New Mexico and 7-Eleven in the
Texas Triangle
The Texas Triangle is a region of Texas that contains the state's five largest cities and is home to over half of the state's population. The Texas Triangle is formed by the state's four main urban centers, Austin, Dallas-Fort Worth, Houston ...
, 7-Eleven is largely absent outside the Triangle despite being based in
Irving, allowing 7-Eleven to have a presence in
West Texas
West Texas is a loosely defined region in the U.S. state of Texas, generally encompassing the desert climate, arid and semiarid climate, semiarid lands west of a line drawn between the cities of Wichita Falls, Texas, Wichita Falls, Abilene, Texa ...
and the
Texas Panhandle.
References
External links
Stripes StoresSunoco LP
{{Seven & I Holdings
Companies based in Corpus Christi, Texas
Economy of the Southwestern United States
Convenience stores of the United States
Retail companies established in 1938
2014 mergers and acquisitions