bp to open new ampm convenience stores across the U.S. East Coast
The firm has inaugurated the brand’s first New York store as one of the four scheduled openings throughout the region.
bp opened its first ampm convenience store in New York City, expanding the seventh largest c-store chain from its West Coast roots. The store, located in the Bronx, is the first opening for the convenience brand on the East Coast and it will feature the oil company’s branding throughout the fuel experience and its food menu, including a hot deli and grocery with fresh fruit and extensive dry goods.
The entire customer-centric experience is modelled after Thorntons, the Kentucky-based fuel and convenience retailer that bp took full ownership of in 2021. The expansion advances the company's convenience and mobility strategy, which aims to nearly double global earnings from about $5 billion in 2019 to $9-10 billion by 2030 and deliver 15-20% returns.
“As bp transitions toward becoming a net zero company, convenience will play a huge role in delivering our integrated strategy. The experience customers feel at our retail sites will be key to attracting them in and ensuring they return. Because New Yorkers are always on the go, the Empire State is a perfect fit for this expansion," said Dave Lawler, Chairman and President of bp America.
The firm aims to increase the number of strategic convenience sites in its global network from around 2,000 today to more than 3,000 by 2030. The first ampm store opened in Southern California in 1978 and currently there are over 1,000 stores throughout the West Coast, serving more than 3,500 different products.
“This store sets the stage for us to maximize the large bp footprint along the East Coast. We know that residents of The Big Apple will love the craveable food, snacks and drinks that make ampm the destination of Too Much Good Stuff. We also know our dealers will be excited to share the ampm brand with their consumers in the future,” added Greg Franks, Senior Vice President of Mobility and Convenience for Americas.