Speedway started in 1952 as Speedway 79, the name of a fuel chain based in Michigan. Unlike other fuel station chains at the time, Speedway 79 did not have a service station to perform vehicle maintenance, but rather vending machines that focused on cigarette and soft drink sales, giving their locations the nickname "Smokes and Cokes". The "79" denoted the octane rating of Speedway's gasoline. In 1959, Marathon Oil, then known as the Ohio Oil Company, purchased the chain and in 1962 converted its outlets to the Marathon brand.[9]
As self-service fuel became legalized in many states, in May 1975 Marathon decided to use "Speedway" (without the "79", as 87 octane had become the standard at this point) at higher-volume self-service stations with convenience stores. Some of the first were converted from Oshkosh, Wisconsin–based Consolidated Stores, which at the time had locations in Wisconsin and Michigan. These stores were converted to the Speedway name throughout the 1970s and 1980s after Marathon acquired Consolidated.[10] The concept turned out to be one of the few bright spots for Marathon during this time due to the 1970s energy crisis, and the company quickly expanded this concept across Marathon's main territories across the Midwest and Southeastern United States. Part of this expansion was through the acquisition of various other smaller regional fuel station chains, including GasAmerica, Starvin' Marvin, Gastown, Wake Up, Bonded, United, Cheker, Port, Ecol, and Value. These stations were converted to the Speedway branding. Stations acquired in the Cheker deal included former Enco stations that Cheker acquired after they were sold off by Exxon in 1977.[11] Legally, Marathon's convenience store business was known as Emro Marketing Company during this period,[12] getting its name from placing an "E" in front of Marathon Oil's ticker symbol, MRO. Speedway adopted its current logo, known as the "Moving S", in 1982.
In 1997, Marathon and Ashland Petroleum formed Marathon Ashland Petroleum LLC (MAP), a joint venture which combined the companies' refining, marketing, and transportation businesses, with Marathon owning 62% of the operations while Ashland owned 38%. In the process, Ashland's SuperAmerica and Marathon's Speedway convenience store chains were merged to form Speedway SuperAmerica LLC, a wholly owned subsidiary of MAP. At this time, Marathon acquired the rights to the Solo, Save Mart, Save More, and Rich brands from Ashland, along with others. Many of these brands would be converted to the Speedway brand over time. When the merger was completed in 1998, the Speedway and SuperAmerica brands began to market together. Marathon Ashland also purchased Total Petroleum of Alma, Michigan, in 1999.[13] The stations, which had been previously owned by Diamond Shamrock, were mostly in the state of Michigan. Most former Total locations were then rebranded to Marathon, Speedway, or Rich.[14] Speedway acquired the 50-unit Welsh Mart chain of Michigan and Indiana in 2001.[15] This was followed in 2002 by the acquisition of 30 stores from Grand Rapids, Michigan–based Crystal Flash.[16]
In 2003, Marathon sold off Speedway's Southeastern stores to Sunoco, who promptly converted them to the A-Plus brand while selling Sunoco fuel,[17] while Speedway's stores in Western Pennsylvania were sold off to independent owners and converted to standard Marathon stations, withdrawing the Speedway brand from Pennsylvania and south of West Virginia and Kentucky for a decade.
Speedway became one of the first convenience store chains in the industry to launch a loyalty program when it launched Speedy Rewards in 2004. The program was launched almost by accident: Marathon had launched a similar program for its traditional Marathon-branded fuel stations but found inconsistent use among its franchise owners and felt that the program might work better with Speedway, since all of its locations were owned and operated directly by Marathon. The program has since been ranked by multiple independent publications as being the best loyalty program on the market.[18]
In 2005, Marathon purchased Ashland's share of Marathon Ashland Petroleum, which became Marathon Petroleum Company LLC, retaining the SuperAmerica and Rich brands that were originally owned by Ashland. At this time the locations outside the Upper Midwest were converted to Speedway and the SuperAmerica brand was restricted to the Upper Midwest market. Marathon sold SuperAmerica to Northern Tier Energy, a newly formed company backed by the private equity firms ACON Investments and TPG Capital, in February 2011. It is based in Woodbury, Minnesota. Speedway and SuperAmerica became unrelated chains until seven years later, when Marathon bought Andeavor, who owns SuperAmerica's parent company Western Refining. Following the separation of Marathon's upstream and downstream operations in 2011, Speedway remained a part of Marathon's downstream operations.
In 2001, Speedway's truck stop chain was merged into the Pilot Travel Centers brand after Marathon and Pilot Corporation entered into a partnership to form Pilot Travel Centers. Pilot has since bought out Marathon's interest in Pilot Travel Centers, now Pilot Flying J. Following its merger with Hess Corporation's retail chain in 2014, six WilcoHess locations in Virginia were rebranded as Pilot locations and jointly operated between Pilot Flying J and Speedway.[19] On June 23, 2016, Pilot Flying J and Speedway announced a new joint venture between the two companies that will see 41 Speedway locations (all former Wilco Hess locations) and 79 Pilot Flying J locations primarily in the Southeastern United States form PFJ Southeast LLC. The locations will be operated by Pilot Flying J and the Speedway locations will be rebranded as either Pilot or Flying J.[20][needs update]
As of December 9, 2014, 12% of Speedway stores carry E85ethanol.[21] Speedway currently has 326 stores with E85 available, and one store which carries CNG. Almost all of its stores in Greater Pittsburgh as well as its stores in the state of Tennessee offer E85, greatly expanding the availability of the fuel in these respective markets.
Expansion since 2012
Map of states containing at least one Speedway fuel station as of December 2019; red indicates Speedway's core Midwestern states prior to its 2012 expansion, green indicates former Hess stations, orange indicates both former Hess stations and states where Speedway was already expanding into organically prior to the Hess purchase, and blue from the former Andeavor properties, including the SuperAmerica chain that Speedway owned and operated from 1997 to 2011.Map of Speedway locations as of August 2020 (the date of the announced purchase by 7-Eleven)
2012–14 expansion
On February 13, 2012, it was announced that a deal had been reached with Indiana and Ohio convenience store chain GasAmerica to acquire all 88 of its locations.[22] Speedway also acquired all trademarks, trade dress and intellectual property from GasAmerica[23] and included several parcels of undeveloped real estate for future development. The transaction was finalized on May 29, 2012, for an unspecified price.[24]
On June 5, 2012, it was reported that Speedway LLC signed a deal with the convenience store chain Road Ranger. The deal gave Speedway nine Road Ranger stores in Kentucky, and one in Ohio, in exchange for cash and a truck stop in the Chicago metropolitan area.[25]Rockford, Illinois–based Road Ranger operates approximately 80 truck stop and fuel convenience store locations in seven Midwestern states. Like Speedway before it, Road Ranger has a partnership with Pilot Flying J.
In May 2014, Speedway announced they would purchase Hess Corporation's retail business for $2.6 billion. Hess has 1,342 locations along the Eastern United States.[26] Some Hess stations in the Northeastern United States originated as Merit Oil stations until Hess bought the company in 2000.
Post Hess Expansion
On April 30, 2018, Marathon agreed to buy Andeavor, an independent refinery and oil company based in the Western United States, for $23 billion. On October 1, 2018, the merger was completed. The merger brought all SuperAmerica locations once again under the ownership of Speedway, but instead of retaining the SuperAmerica brand, it was phased out in favor of the Speedway moniker.[27][28] The merger also brought the Speedway brand to California, Utah and the American Southwest for the first time, becoming a coast-to-coast chain.
On April 16, 2018, it was announced that all 78 Express Mart locations were being re-branded as Speedway locations, which follows Marathon's acquisition of Express Mart, a chain based in Syracuse, New York, that co-branded with competitors such as Sunoco and Mobil.[29] Speedway and MPC closed on the acquisition of Express Mart in November 2018, after being required by the FTC to divest of five stores.[30] In 2019, they purchased 33 NOCO Express locations in Western New York.[31] On October 31, Marathon Petroleum has announced the plans of spinning off Speedway into an independent company.[32]
On June 6, 2020, Dunkin' announced plans to close all Dunkin' Express locations at Speedway locations (which Speedway acquired as part of the acquisition of Hess retail business in 2014), by the end of the year.[36]
In 2023, Speedway began gaining national attention when multiple locations that struggle with crime and loitering began playing loud opera music on a 24/7 loop to help deter loitering. The music has received mixed responses and in some cases negative responses from residents and other businesses in the area.[37][38]
On July 19, 2024, Speedway locations that still used BlueCube and Radiant Site Manager dating from Marathon's ownership of Speedway were affected by the 2024 CrowdStrike-related IT outages, with some stores unable to accept credit or debit transactions while others were closed outright.[39] Locations that had already switched to 7-Eleven's properitarity RIS system were not affected by the outage.[40]
Other brands
A Rich location on West Fair Avenue in Lancaster, Ohio, in 2022. This location closed on July 30, 2024.
While Speedway had consolidated most of its other brands into the Speedway banner by the late 1990s, Speedway continued to operate other brands following major acquisitions aside from SuperAmerica, primarily for lower-volume locations that remained corporate-owned.
The most notable of these brands was Rich. Rich Oil was a discount brand offered by Ashland and initially was retained following their acquisition of SuperAmerica strictly to keep the trademark valid. Following the creation of Marathon Ashland Petroleum, Rich was selected for lower-volume stores that basically fit the profile of the original concept of Speedway 79. These stores typically only sold tobacco, snacks, and drinks inside and do not participate in the Speedy Rewards program. Rich, however, did take Speedway gift cards. As of 2024, 7-Eleven is in the process of closing the remaining Rich locations.[41]
Following Marathon Petroleum's acquisition of Andeavor, company-owned stations in California that otherwise would have met the criteria to be branded as Rich were instead branded as Speedway Express. The decision to create the Speedway Express brand instead of using Rich was due to Speedway in general being new to the California market and helping to establish the Speedway banner there. Unlike Rich, Speedway Express accepts the Speedy Rewards card.
Separation from Marathon Petroleum and sale to Seven & i Holdings Co., Ltd.
A Speedway fuel pump with a 7-Eleven pump topper in Columbus, Ohio, in November 2021
In late 2018, Marathon announced their intentions to spin off Speedway into an independent company by the end of 2020.[42][32]
In February 2020, it was reported that Seven & i Holdings Co., Ltd., the parent company of convenience store chain 7-Eleven, planned to buy Speedway for $22 billion.[43] However, due to investor concerns that the offer was too high, as well as the potential impact the COVID-19 pandemic would have on the economy, the company abandoned the idea the following month.[44]
Despite initially abandoning the acquisition, on August 2, 2020, Marathon announced that Seven & i Holdings Co., Ltd. would be acquiring Speedway for $21 billion.[5][6][7][8] The deal closed on May 14, 2021, despite protests from the Federal Trade Commission.[1][45]
On June 25, 2021, the Federal Trade Commission, Marathon, and 7-Eleven agreed on the divestitures of 291 Speedway and two 7-Eleven stores to three companies: Anabi Oil (doing business as Rebel Convenience Stores), CrossAmerica Partners, and Jacksons Food Stores. As part of the agreement, Marathon and 7-Eleven must seek FTC approval to reacquire the stores for five years after the sale. Most of the stores being sold off are in California, Florida, and New York.[46][47] Following a round of layoffs that heavily impacted the former Speedway headquarters in Enon, Ohio in July 2022, Speedway's operations were largely integrated into 7-Eleven's headquarters in Irving, Texas in the Dallas-Fort Worth Metroplex while the former Enon headquarters was officially rebranded as the Enon Store Support Center, functioning largely for IT-related issues for the company.[48]
7-Eleven has not disclosed publicly the future of the Speedway chain, but it is expected that the two chains' respective loyalty programs (7 Rewards and Speedy Rewards) will be merged. 7-Eleven slowly started rebranding many Speedway products in November 2021, starting with Speedway's Club Chill & Speedy Freeze drinks being rebranded under the Big Gulp and Slurpee names respectively, while Speedway's store brand products such as Speedy Choice snacks and Enon Springs bottled water started being replaced by 7-Eleven's own 7 Select in December 2021. Many fans of Speedy Freeze complained on social media about the drink being replaced by Slurpee-branded products, though other frozen drink fans have said the two drinks are identical.[49] 7-Eleven also removed Speedway from Pilot Flying J's One9 fueling network for truck drivers in favor of their own 7 Fleet fueling network.
In March 2022, Speedway began replacing its roller grill items such as Tornados and egg rolls with 7-Eleven's proprietary Big Bite products such as large hot dogs, cheeseburger links, and taquitos. Throughout 2022, Speedway locations that had Speedway's own Speedy Café quick service restaurant concept had their café's gradually replaced by 7-Eleven's own concepts, either Raise the Roost Chicken & Biscuits or Laredo Taco Company, the latter of which was acquired when 7-Eleven purchased Stripes Convenience Stores.[50]
As part of the deal, Marathon agreed to supply the Speedway locations with fuel for 15 years. If 7-Eleven decides to convert the Speedway brand name over to 7-Eleven, it is not known if the locations would sell 7-Eleven branded fuel or sell Marathon or ARCO-branded fuel. Prior to the deal, Marathon had an existing partnership with 7-Eleven, mostly in Appalachia.[49]
In a departure from its Marathon days, in March 2023 7-Eleven announced plans to install its 7 Charge electric vehiclecharging stations across all of its banners including Speedway. The charging stations support CCS and CHAdeMO plugs, as well as Tesla vehicles with an adapter.[51]
Public relations
A corporate partner of Children's Miracle Network Hospitals since 1991, Speedway has raised more than $100 million over the past 26 years for the charity through a variety of fundraising activities. Speedway LLC raised $10.3 million for Children's Miracle Network Hospitals in 2017.[52] The partnership between Speedway and Children's Miracle Network Hospitals was strong enough by the time of the 7-Eleven deal that 7-Eleven itself became a partner with Children's Miracle Network Hospitals in 2022.[53]
Speedway was ranked the 4th worst company to work for in the United States in 2018, with work-life balance and senior management as major detractors to the work environment.[54] These issues are highlighted in the memoir Corporate Lunacy; Behind the Scenes of America's Worst Gas Station (written by Rob Clooney).[55]
Commune in Sud-Est, HaitiCayes-Jacmel Kay JakmèlCommuneCayes-JacmelLocation in HaitiCoordinates: 18°16′0″N 72°40′0″W / 18.26667°N 72.66667°W / 18.26667; -72.66667CountryHaitiDepartmentSud-EstArrondissementJacmelGovernment • MayorWilder FrèreElevation586 m (1,923 ft)Population (2012)[1] • Total40,230 Cayes-Jacmel (Haitian Creole: Kay Jakmèl) is a commune in the Jacmel Arrondissement, in the Sud-Est department...
This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.Find sources: Rosamond Gifford Zoo – news · newspapers · books · scholar · JSTOR (May 2014) (Learn how and when to remove this template message) Zoo in New York, United States Rosamond Gifford ZooRosamond Gifford Zoo logoMain building and entrance to the zoo43°02′32″N 7...
طبقات الغلاف الجوي طبقة الستراتوسفير أو المتكور الطبقي[1] أو الغلاف الجوي الطبقي هي إحدى طبقات الجو العليا التي تعلو طبقة التروبوسفير وتمتد من ارتفاع 18 كيلومتر إلى نحو 50 كم فوق سطح البحر، وهي طبقة من الهواء الرقيق تجتاحها الرياح العاتية إذ ينساب في قاعدتها نهران من الت...
Argilly Argilly (Frankreich) Staat Frankreich Region Bourgogne-Franche-Comté Département (Nr.) Côte-d’Or (21) Arrondissement Beaune Kanton Nuits-Saint-Georges Gemeindeverband Gevrey-Chambertin et de Nuits-Saint-Georges Koordinaten 47° 4′ N, 5° 1′ O47.0683333333335.0122222222222Koordinaten: 47° 4′ N, 5° 1′ O Höhe 188–227 m Fläche 34,12 km² Einwohner 538 (1. Januar 2020) Bevölkerungsdichte 16 Einw./km² Postleitzahl 2...
Município de Vernon (condado de Scioto, Ohio)GeografiaPaís Estados UnidosEstado OhioCondado Condado de SciotoÁrea 91,43 km2Altitude 187 mCoordenadas 38° 44′ 02″ N, 82° 45′ 50″ ODemografiaPopulação 1 891 hab. (2020)Densidade 20,7 hab./km2 (2020)FuncionamentoEstatuto município de OhioIdentificadoresCode FIPS 39-79828GNIS 1086938editar - editar código-fonte - editar Wikidata O município de Vernon (em inglês: Vernon Township) é um município localizado no co...
رون ريغان معلومات شخصية الميلاد 20 مايو 1958 (العمر 65 سنة)لوس أنجلوس الإقامة سياتل مواطنة الولايات المتحدة الديانة إلحاد الأب رونالد ريغان الأم نانسي ريغان إخوة وأخوات ميخائيل ريغان، وباتي ديفيس، ومورين ريغان الحياة العملية المدرسة الأم جامعة كاليفورنيا الجن
Ця стаття не містить посилань на джерела. Ви можете допомогти поліпшити цю статтю, додавши посилання на надійні (авторитетні) джерела. Матеріал без джерел може бути піддано сумніву та вилучено. (квітень 2017) Координація рухів метальника диску Координація (від лат. coordinatio ...
First nationally distributed lesbian publication in the US (1956–1972) The LadderThe Ladder, October 1957EditorPhyllis LyonDel MartinBarbara GittingsHelen SandozBarbara GrierCategoriesNews magazineFrequencyMonthly, later bimonthlyPublisherDaughters of BilitisFirst issueOctober 1956; 67 years ago (1956-10)Final issueSeptember 1972; 51 years ago (1972-09)CountryUnited StatesBased inLos AngelesLanguageEnglishISSN0023-7108OCLC2263409 Part of a serie...
Not to be confused with St. Paul the Apostle Church (Manhattan). St. Paul's Church(2018)ReligionAffiliationRoman CatholicProvinceArchdiocese of New YorkLeadershipFr Pablo WaldmanLocationLocation113 East 117th StreetManhattan, New York CityArchitectureCompleted1834Websitestpaulchurchhive.org The Church of St. Paul is a Roman Catholic parish church in the Roman Catholic Archdiocese of New York, located in the East Harlem neighborhood of Manhattan, New York City. The sixth parish established in ...
Oblast (region) of Ukraine Oblast in UkraineKyiv Oblast Київська областьKiev OblastOblastKyivska oblast[1] FlagCoat of armsNickname: Київщина (Kyivshchyna)Country UkraineAdministrative centerKyivGovernment • GovernorRuslan Kravchenko • Oblast council84 seats • ChairpersonHanna Starykova [uk] (All-Ukrainian Union Fatherland)Area • Total28,131 km2 (10,861 sq mi) • Ran...
TV Azteca S.A.B. de C.V.Kode emitenBMV: AZTECACPODidirikan1968 (sebagai Imevisión)1993 (sebagai TV Azteca)KantorpusatCiudad de MéxicoTokohkunciMario San Román, (CEO)Pendapatan AS$ 965.300.000 (2012)Laba bersih AS$ 177.100.000 (2012)Karyawan5.655IndukGrupo SalinasSitus webwww.tvazteca.com/ TV Azteca, S.A.B. de C.V. (BMV: AZTECACPO), adalah konglomerat multimedia Meksiko yang dimiliki oleh Grupo Salinas. Ini adalah massa kedua terbesar perusahaan media di Meksiko setelah Televisa.[1]...
2017 Canadian filmHoward Lovecraft and the Undersea KingdomDirected bySean Patrick O'ReillyWritten bySean Patrick O'ReillyProduced bySean Patrick O'Reilly Michelle O'ReillyStarringChristopher PlummerMark HamillScott McNeilJeffrey CombsRon PerlmanEdited byChris TrinhMusic byGeorge StreicherProductioncompanyArcana StudioDistributed byShout! FactoryRelease date October 1, 2017 (2017-10-01) Running time89 minutesCountryCanadaLanguageEnglish Howard Lovecraft and the Undersea Kingdom...
Saudi filmmaker and actress Fatima Al-BanawiBornFatima Al-Banawi10,Oct, 1988Jeddah, Saudi ArabiaNationalitySaudiAlma materEffat UniversityHarvard UniversityOccupation(s)Director, producer, screenwriter, social activist, actressYears active2015–presentWebsitewww.fatimaalbanawi.com Fatima Al-Banawi (Arabic: فاطمة البنوي Hejazi: [ˈfaːtˤma alˈbanawi]) is a Saudi Arabian filmmaker and actress.[1] She is best known as the director and actress of popular te...
American football player (born 1975) This article may need to be rewritten to comply with Wikipedia's quality standards. You can help. The talk page may contain suggestions. (May 2016) American football player Lamar KingNo. 92Position:Defensive endPersonal informationBorn: (1975-08-10) August 10, 1975 (age 48)Baltimore, Maryland, U.S.Height:6 ft 3 in (1.91 m)Weight:311 lb (141 kg)Career informationHigh school:Essex (MD) ChesapeakeCollege:Saginaw Valley StateNFL D...
Taos Pueblo TaosUbicación en el condado de Taos en Nuevo México Ubicación de Nuevo México en EE. UU.Coordenadas 36°24′26″N 105°34′24″O / 36.40725, -105.57327777778Entidad Pueblo • País Estados Unidos • Estado Nuevo México • Condado TaosSuperficie • Total 14.75 km² • Tierra 14.75 km² • Agua (0 %) 0 km²Altitud • Media 2122 m s. n. m.Población (2010) • Total 5716&...
Jemaah IslamiyahPemimpinAbu Bakar BaasyirWaktu operasi1993 – sekarangWilayah operasiAsia Tenggara Indonesia Malaysia Filipina Singapura Thailand IdeologiIslamisme Fundamentalisme Islam Pan-IslamismeSerangan terkenalPengeboman Hotel Marriott 2003 Pengeboman Jakarta 2009 Pengeboman Kedutaan Besar Australia 2004 Bom Bali 2002 Bom Bali 2005 Pemenggalan siswi Kristen 2005 Pengeboman Malam Natal Indonesia 2000 Bom Bursa Efek Jakarta Pengeboman konsulat Filipina 2000Sekutu Taliban al-Qae...
Artikel ini sebatang kara, artinya tidak ada artikel lain yang memiliki pranala balik ke halaman ini.Bantulah menambah pranala ke artikel ini dari artikel yang berhubungan atau coba peralatan pencari pranala.Tag ini diberikan pada Oktober 2022. Dalam artikel ini, nama keluarganya adalah Bao. Bao Xuan (Hanzi: 鮑宣, wafat 3 M), nama kehormatan Zidu (子都), adalah sensor Dinasti Han pada masa pemerintahan Kaisar Ai, yang dikenal karena integritas dan keberaniannya. Dia diasingkan karena ...
.jpg)
