As of Jun 29, 2014 the company operated 636 convenience stores under the Stripes and Sac-N-Pac Stores brand names in Texas, New Mexico and Oklahoma, of which 408 included a restaurant, primarily Laredo Taco Company.
In fiscal 2013, the company opened 28, acquired 1 and closed 8 stores. In the first half of fiscal 2014, the company acquired 49 stores from Sac-N-Pac Stores and opened 11 new stores, and expects to open an additional 21 new stores in the second half of the year.
As of year-end, the company owned 258 stores and leased 322 stores, as well as owning 68 sites for future stores and 49 surplus properties. Approximately 97% of stores are freestanding facilities, which average 3,800 square feet. The stores built over the past 5 years averaged approximately 6,000 square feet and are built on large lots with much larger motor fueling and parking facilities.
|Total gross square feet (M)||2,431||2,120||1,994||1,886||1,796||1,790|
|Total gross square feet growth||19.1%||6.3%||5.7%||5.0%||0.3%||4.6%|
|Avg store gross sq ft||3,800||3,700||3,600||3,500||3,400||3,400|
|Avg store gross sq ft growth||6.2%||2.5%||2.3%||2.1%||0.1%||2.0%|