Allsup's
 | This article needs to be updated. (April 2022) |
 | |
| Company type | Private |
|---|---|
| Industry | Retail (convenience stores) |
| Founded | Roswell, New Mexico (1956, as "Lonnie's Drive-In Grocery") |
| Headquarters | Fort Worth, Texas, United States |
Number of locations | 414 |
| Website | www |
Allsup's Convenience Stores, Inc., sometimes misspelled as Allsups, is a privately owned chain of convenience stores with over 400 locations, mostly in New Mexico, West Texas, and Oklahoma. It is a 24-hour chain selling fuel under the Shell, DK, Alon, ConocoPhillips, Exxon, Valero, and "Allsup's On the Go" brands. It also sells traditional convenience store items and prepared food items, and is particularly noted for their world famous burritos and chimichangas [1] The company's main competitors are Circle K, 7-Eleven, Stripes and Pik Quick.
History
[edit]The original concept was established by Lonnie and Barbara Allsup in Roswell, New Mexico, in 1956, as Lonnie's Drive-In Grocery.[2] Lonnie, a veteran of the United States Air Force who served in the Korean War, expanded the business into a small chain and sold it to 7-Eleven in 1963. With the earnings of that sale, the Allsup family relocated to Clovis, New Mexico, and began the Allsup's convenience store chain.
Allsup's is known for being the first company to introduce self-serve gas pumps.[2] It is ranked as New Mexico's #1 privately owned corporation,[3] and is the largest convenience store chain in the state.[4]
The original founder, Lonnie Allsup, died in January 2018.[5]
Purchase by Yesway
[edit]On October 8, 2019, Yesway entered into a definitive agreement to purchase Allsup's Convenience Stores Inc. Yesway officially acquired Allsup's convenience stores in November 2019. "All of us at Yesway are excited to be joining together with Allsup's, one of the most iconic and adored convenience-store chains in the country," stated Tom Trkla, chairman and CEO of Yesway.
Allsup's underwent changes after the purchase, such as introducing Yesway mugs, cups, and other merchandise. Yesway also introduced Yesway branded chocolate bars and other candies.
In 2020, the home office was relocated from Clovis, New Mexico to Fort Worth, Texas.
References
[edit]- ^ "KOAT Action News: Allsup's gets new owner, promises to keep serving world famous burritos". October 9, 2019. Retrieved August 10, 2020.
- ^ a b Hyde, Joe (January 29, 2018). "Founder of Allsup's Convenience Stores Dead at 84". San Angelo Live. Retrieved February 15, 2018.
- ^ Allsup's Corporation. "Allsup's Convenience Stores". Archived from the original on 8 May 2008. Retrieved 9 May 2008.
- ^ The Associated Press (April 8, 2008). "Family seeks millions in killing of Allsup's clerk". Archived from the original on February 16, 2018. Retrieved October 3, 2019.
- ^ Associated Press (January 29, 2018). "Lonnie Allsup, Founder of Allsup's Convenience Stores, Dies". U.S. News & World Report. Retrieved February 15, 2018.