ARKO Corp., the parent company of regional convenience store chains including E-Z Mart, Fas Mart, Village Pantry, and Scotchman, has converted 471 company-operated retail stores to independent dealer locations since launching its dealerization initiative in 2024. The company reported second-quarter revenue of $2.35 billion, up from $2.00 billion in the same period of 2025, driven by higher wholesale fuel supply volume and elevated fuel prices. Second-quarter site operating expenses decreased by $16.6 million, or 9.4%, compared to the same quarter of 2025, partly due to $25.8 million in reduced expenses from stores closed or converted to dealer locations. CEO Arie Kotler noted that around 70 additional stores are set for conversion or have already been converted since the quarter ended. The strategy comes as the national average for a gallon of regular gas reached $4.01 as of August 11, 2026, up from around $3.14 a year earlier, and inside transactions at convenience stores fell 1.9% year over year in the first half of 2025, according to NACS, while credit and debit card fees hit a record $21.3 billion.
Arko CorpDealerization cuts operating expenses and boosts wholesale fuel volume, improving margins and revenue.
