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Speedway helps those who need to fill the tank with gas and have some snacks as fast as possible. The second-biggest among the US gas station operators, Speedway is a subsidiary of Marathon Petroleum. It has gas stations and convenience stores located at about 2750 sites under the banners Speedway, Hess, Wilco, and Rich, mainly in the Midwest region (22 states). 

Its shops sell almost four billion gallons per year of the Marathon brand gas. They have more than 3.5 billion dollars in merchandise, including coffee, fountain beverages, hot dogs, pastries, sandwiches, etc. Created in 1997, Speedway employs approximately 36,500 people while one of the biggest car fuel suppliers on the market. 

In 2014, 2 746 stores in 22 states belonged to Speedway. Ohio is the main market of the company, having around 490 shops. Indiana, Michigan and North Carolina each have about 300 convenience stores, whereas Florida and New York have about 250. Besides, there are 100+ stores in such places as Illinois, Massachusetts, New York, Kentucky and Pennsylvania.

Loyal customers of Speedway can take part in a program called Speedy Rewards which gives them a possibility to earn points that later can be used in-store for receiving free products or gift cards. In 2015, more than 4.2 million members were participating in this program, introduced in 2004. 

Speedway Rewards program allows the organization to gather and measure transactional data specific to members and then use it to facilitate distinct rewards tailored to the individual purchasing habits.

A mix of organic growth with a planned active acquisition program helps Speedway continuously strengthen its presence in the Midwest. The purchase made in 2014 from Hess Corporation, namely 1,245 retail outlets, extended its scope into 15 States (up from only seven previous Midwest ones). 

This made it the second-largest gas station/convenience store owner and operator in the United States (the 4th place rank before the acquisition). Speedway bought nine more stores in Tennessee, West India and Western Pennsylvania in 2013. 

In 2012, Speedway bought a hundred more stores, among which 10 were located in northern Kentucky and southwestern Ohio and primarily belonged to the Road Ranger LLC. Another 87 were in different parts of Ohio and Indiana and were sold by GasAmerica Services, Inc. Before that, in 2011, the company bought 23 stores at Indiana and Illinois.

The company merged all its into one unit under the Speedway name in 2011. Before that, it was known as Speedway SuperAmerica. With the reorganization, the company unified the looks of its stores. It also sold part of its shops in less critical markets in the Midwest, aiming at focusing on pipeline and distribution networks in this region, possessed by Marathon Petroleum, to which Speedway belongs.

Locations: 2749 locations in 47 states and 1236 cities.

Categories

  • Gas Stations
  • Convenience Stores

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