3 Key Figures: Strong Beginning for 2026 M&A in Convenience Stores

2026 is proving to be a significant year for mergers and acquisitions in the convenience retail industry. Stinker Stores, for instance, recently made a move by selling 12 of its locations, while Pops Mart divided up 54 stores among three different buyers. Sunoco, one of the buyers, also acquired the convenience retail division of Jernigan Oil Company. These high-profile transactions have been accompanied by several smaller deals that have been making waves within the industry.

In this week’s edition of “3 Big Numbers,” we take a closer look at some key statistics from recent developments in the convenience store sector.

Ridi Stores recently made a strategic move by acquiring McIntosh Energy, which has enabled the company to expand its operations into Indiana. This acquisition added four c-stores and a fleet fueling location in Indiana to Ridi Stores’ existing portfolio, which already includes c-stores and car washes in Ohio and Michigan.

It is evident that acquisitions serve as an effective strategy for retailers looking to enter new markets and broaden their geographical footprint. By acquiring McIntosh Energy, Ridi Stores has successfully penetrated the Indiana market, further solidifying its presence in the Midwest region.

Additionally, Sunoco has been making headlines with its recent acquisition spree, which includes the purchase of 54 stores from Pops Mart. This move not only expands Sunoco’s market reach but also strengthens its position within the convenience retail sector.

Furthermore, the acquisition of the convenience retail division of Jernigan Oil Company showcases Sunoco’s commitment to growth and expansion in the industry. These acquisitions reflect a trend of consolidation and strategic partnerships within the convenience retail space, as companies seek to optimize their operations and enhance their competitive edge.

Overall, 2026 is shaping up to be a milestone year for M&A activity in the convenience retail sector, with major players making strategic moves to capitalize on new opportunities and fuel their growth ambitions. These acquisitions are not only transforming the competitive landscape of the industry but also signaling a new era of expansion and innovation within the convenience retail market.