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Stock impact report

ARKO Corp. Subsidiary to Open New Handy Mart Store in Newport, North Carolina

ARKO Corp. (ARKO) 
Company Research Source: GlobeNewswire
RICHMOND, Va., April 16, 2024 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO), a Fortune 500 company and one of the largest convenience store operators in the United States (“ARKO” or the “Company”), announced today that its subsidiary GPM broke ground with a New To Industry Handy Mart branded location at 2934 Highway 24, Newport, North Carolina that is scheduled to open later this year. This location is the second announced New To Industry location in process that the Company has announced in the last 30 days. “We have been very happy with the performance of our Handy Mart stores, which we acquired in November of 2021, and our ability to improve performance at those stores,” said Arie Kotler, President & CEO of ARKO. “Building upon the strong community ties of the Handy Mart brand in North Carolina, we are very excited to begin construction on our first New To Industry location under the Handy Mart banner since our acquisition, which will showcase many of our new initiatives and off Show less Read more
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