FORT WORTH, Texas—Yesway, one of the country’s fastest-growing convenience store chains, announced a major growth milestone, marked by the opening of its newest Allsup’s stores in Ruidoso, New Mexico; and Abilene, Springtown, Snyder and Whitney, Texas.
In addition to opening five new stores, Yesway has acquired five existing Ranglers stores in the cities of Clifton, Hamilton and Hico, Texas. With this latest expansion, the Yesway portfolio now includes 435 stores across nine states. The company plans to open 28 new stores throughout 2023.
The announcement follows a year of growth for Yesway, including the acquisition of the Tres Amigos chain of stores in September 2022, the August 2022 launch of the new Allsup’s Express concept store, previously announced openings of new Texas locations of Allsup’s stores in Breckenridge, Canyon, Colorado City, Claude, Mineral Wells, Pampa, Rankin, Robert Lee, San Angelo and Sweetwater, as well as new stores in Altus, Oklahoma, and Alamogordo, Artesia and Carlsbad, New Mexico. Last month, Yesway announced that it had raised $190 million in new equity to fund its continued growth.
While each Ranglers location will be remodeled and rebranded under either the Yesway or Allsup’s banner, the Rangler store look and merchandise selection will remain on the interior.
The new-to-industry Allsup’s stores each have 5,630 square feet of merchandising space (with the exception of the Whitney store, which has 6,277 square feet), between 16 and 24 fueling positions, and high-flow diesel fueling lanes as well.
These are the latest of the new large-format stores Yesway has developed and is rapidly bringing to market. The stores are open 24 hours and have Allsup’s burritos available for purchase, along with a full selection of Yesway and Allsup’s private-label snacks; a trucker/automotive section; fresh Allsup’s bread, milk and eggs; and a beer cave; as well as amenities including Western Union service, ATM availability and Coin Cloud digital currency machines offering 30+ digital currencies.
“We’re thrilled to begin 2023 with more exciting expansion news to share and look forward to bringing our brand of service and hospitality to more communities,” said Tom Trkla, chairman, president and chief executive officer of Yesway.