The History, Expansion, and Service of Speedway LLC
Speedway LLC is a leading convenience store chain in the United States. With over 4,000 stores spread across 35 states, Speedway LLC is a convenience store chain that offers fuel, food, and other essentials that keep America moving. In this article, we will take a closer look at Speedway LLC’s history, expansion, and services.
History of Speedway LLC
Speedway LLC is the product of a merger between two convenience store chains: Speedway and Hess Retail Corporation. In 2014, Speedway acquired Hess Retail Corporation for $2.82 billion, which added over 1,300 stores to its network. The merger made Speedway the second-largest convenience store chain in the United States, just behind 7-Eleven.
The Speedway brand dates back to 1959, when the company was founded in Michigan as Speedway 79. In 1962, the company was purchased by Marathon Oil Corporation, which later spun off its retail operations to create Marathon Petroleum Corporation. Today, Speedway LLC is a subsidiary of Marathon Petroleum Corporation.
Expansion of Speedway LLC
Speedway LLC has seen steady growth over the years. The acquisition of Hess Retail Corporation in 2014 was a major milestone in the company’s history. With the addition of over 1,300 stores, Speedway LLC was able to expand its footprint in the East Coast and Southeast regions of the United States.
Since then, Speedway LLC has continued to expand through organic growth and acquisitions. In 2018, Speedway LLC acquired Express Mart, a convenience store chain with over 70 stores in upstate New York. The acquisition helped Speedway LLC expand its presence in the Northeast region of the United States.
In addition to its brick-and-mortar stores, Speedway LLC has also expanded its online presence through its mobile app. The app allows customers to find nearby stores, earn rewards points, and access exclusive deals and discounts. Speedway LLC’s online presence has helped the company reach a wider audience and provide more convenience to its customers.
Services of Speedway LLC
Speedway LLC offers a range of services that cater to the needs of its customers. One of the primary services that Speedway LLC provides is fuel. Speedway LLC offers gasoline and diesel fuel at its locations, and many of its stores also offer alternative fuels such as E85 and compressed natural gas.
In addition to fuel, Speedway LLC offers a variety of food and beverage options. Many of its stores have a café that offers fresh food and beverages, including breakfast sandwiches, pizza, and hot dogs. Speedway LLC also offers a wide range of snacks, candy, and beverages, making it a one-stop-shop for on-the-go essentials.
Speedway LLC also offers a loyalty program called Speedy Rewards. The program allows customers to earn points on every purchase, which can be redeemed for free food, drinks, and merchandise. Speedy Rewards members also have access to exclusive discounts and offers.
Speedway LLC is a convenience store chain that has been a part of the American landscape for over 60 years. The company has seen steady growth through organic growth and acquisitions, and its online presence has helped it reach a wider audience. Speedway LLC offers a range of services that cater to the needs of its customers, including fuel, food, and a loyalty program. With over 4,000 stores across 35 states, Speedway LLC is a convenience store chain that keeps America moving.