ARKO Corp. Subsidiary to Open New Fast Market Store in Gilbert, Arizona

Rhea-AI Summary

ARKO Corp. announced the groundbreaking of a new Fast Market store in Gilbert, Arizona, offering a variety of food and beverage options. The store will feature a spacious and inviting environment, with a focus on high-quality, high-value items for customers on the go. The location will also include parking spaces, electric vehicle charging ports, and fuel dispensers, aligning with ARKO's strategic pillars of growing sales, expanding the fas REWARDS® loyalty program, and enhancing food and beverage services.

RICHMOND, Va., March 18, 2024 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO) (“ARKO” or the “Company”), a Fortune 500 company and one of the largest convenience store operators in the United States, announced today that its subsidiary GPM broke ground with a New To Industry Fast Market branded location at 1655 East Queens Creek Road, Gilbert Arizona that is scheduled to open later this year .

This location will be a 5,600 square foot store, with sleek and inviting exterior, offering customers delicious food and beverage service options of always fresh bean-to-cup hot and iced coffee, Frazil frozen drinks, donuts, cookies, breakfast sandwiches, Nathan’s hot dogs, Tornados®, fried chicken, cheeseburgers, mozzarella sticks, chicken wings, and, of course, our delicious, high-value $4.99 pizza in both take-and-bake and served hot, and our $2.99 Tyson chicken sandwich being offered to our fas REWARDS® loyal members. All of this will be available in a spacious, open and exciting environment. “We are very excited to open our 65th Fast Market store, featuring the items of which our company and family of community brands have become so proud,” said Arie Kotler, President & CEO of ARKO. “This location will be offering many new menu items as we evolve our food service that we know our customers will love – a selection of high-quality, high value delicious items for people on the go,” Kotler continued. “And, as always, customers that enroll in our popular loyalty program, fas REWARDS®, can take advantage of significant savings throughout the store.”

The new location will also feature 35+ parking spaces, four electric vehicle charging ports and seven fuel dispensers, providing 14 gas fueling points and four diesel fueling points.

This store underscores ARKO’s focus on three strategic key pillars: Growing sales in core destination categories, growing its high-value fas REWARDS® loyalty program, and expanding the Company’s food and beverage service.   Visit a store or download the free app today to begin saving today. To learn more, visit: www.fasrewards.com.

About ARKO Corp.

ARKO Corp. (Nasdaq: ARKO) is a Fortune 500 company that owns 100% of GPM Investments, LLC and is one of the largest operators of convenience stores and wholesalers of fuel in the United States. Based in Richmond, VA, our highly recognizable family of community brands offers delicious, prepared foods, beer, snacks, candy, hot and cold beverages, and multiple popular quick serve restaurant brands. Our high value fas REWARDS® loyalty program offers exclusive savings on merchandise and gas. We operate in four reportable segments: retail, which includes convenience stores selling merchandise and fuel products to retail customers; wholesale, which supplies fuel to independent dealers and consignment agents; GPM Petroleum, which sells and supplies fuel to our retail and wholesale sites and charges a fixed fee, primarily to our fleet fueling sites; and fleet fueling, which includes the operation of proprietary and third-party cardlock locations, and issuance of proprietary fuel cards that provide customers access to a nationwide network of fueling sites. To learn more about GPM stores, visit: www.gpminvestments.com. To learn more about ARKO, visit: www.arkocorp.com.

FAQ

What did ARKO Corp. announce?

ARKO Corp. announced the groundbreaking of a new Fast Market store in Gilbert, Arizona.

What food and beverage options will the new store offer?

The store will offer a variety of items including bean-to-cup coffee, frozen drinks, donuts, hot dogs, chicken wings, pizza, and more.

What are the key features of the new location?

The new location will include parking spaces, electric vehicle charging ports, fuel dispensers, and a focus on growing sales, expanding the fas REWARDS® loyalty program, and enhancing food and beverage services.

Who is the President & CEO of ARKO Corp.?

Arie Kotler is the President & CEO of ARKO Corp.

Where can customers learn more about the new store?

Customers can learn more by visiting www.fasrewards.com or by downloading the free app.