Company Overview

Arko Corp. is a publicly traded holding company and one of the largest convenience store operators and fuel wholesalers in the United States. The company operates primarily in the convenience retail and fuel distribution industries, generating revenue through retail fuel sales, in-store merchandise, foodservice, and wholesale fuel supply. Arko Corp.’s business model combines company-operated and independently operated convenience stores with a large-scale fuel wholesale network, allowing it to participate across multiple points of the downstream fuel and convenience retail value chain.

The company’s primary revenue drivers include retail fuel volumes, merchandise sales inside convenience stores, and wholesale fuel distribution to third-party dealers. Arko Corp. serves everyday consumers, independent convenience store operators, and commercial fuel customers, with a strategic emphasis on value-oriented retail brands and private-label offerings. The company traces its roots to GPM Investments, founded in 2002, and significantly expanded through acquisitions, most notably the merger with Haymaker Acquisition Corp. II in 2021, which resulted in Arko Corp. becoming publicly listed.

Business Operations

Arko Corp. operates through three primary business segments: Retail, Wholesale, and Fleet Fueling. The Retail segment consists of company-operated convenience stores that sell branded and unbranded motor fuels, packaged food and beverages, and prepared food offerings. The Wholesale segment supplies fuel to independently owned convenience stores and dealers, many of which operate under long-term fuel supply agreements. The Fleet Fueling segment provides fuel to commercial and government fleets, typically through unattended fueling locations.

The company controls a broad portfolio of convenience store assets, fuel supply contracts, and logistics infrastructure. Its operations are supported by long-term relationships with major fuel brands and refiners. Arko Corp. conducts business through multiple subsidiaries, including GPM Investments, LLC, which manages retail and wholesale operations. The company also maintains strategic supply and branding partnerships with major petroleum companies, supporting consistent fuel availability and brand recognition.

Strategic Position & Investments

Arko Corp.’s strategy focuses on disciplined acquisitions, organic growth in same-store sales, and margin expansion through private-label merchandise and foodservice programs. The company has historically pursued growth by acquiring regional convenience store chains and dealer networks, integrating them into its operating platform to achieve economies of scale and operational efficiencies. Investments in store remodels, foodservice concepts, and digital loyalty programs are central to its competitive positioning.

Notable acquisitions in recent years include Transit Energy Group and ExpressStop, which expanded Arko Corp.’s retail footprint and wholesale dealer network. The company continues to invest in data analytics, merchandising optimization, and supply chain efficiencies. While fuel remains a core revenue driver, Arko Corp. is increasingly focused on higher-margin in-store categories and alternative revenue streams to mitigate fuel price volatility.

Geographic Footprint

Arko Corp. operates primarily across the United States, with a presence in more than 30 states. Its headquarters are located in Richmond, Virginia, and its convenience stores and wholesale operations span the Midwest, Southeast, Northeast, and Mid-Atlantic regions. The company’s broad geographic distribution helps diversify regional economic and fuel demand risks.

While Arko Corp. does not have significant international retail operations, its domestic scale positions it as a major participant in the U.S. convenience store and fuel distribution market. The company’s nationwide wholesale network provides fuel to thousands of independent dealers, extending its operational influence beyond its company-operated store base.

Leadership & Governance

Arko Corp. is led by an experienced management team with deep expertise in convenience retail, fuel distribution, and large-scale integration. The leadership team emphasizes operational discipline, data-driven decision-making, and long-term value creation through scale and efficiency. Governance is overseen by a board of directors with backgrounds in retail, energy, finance, and public company management.

Key executives include:

• Arie Kotler – Chairman, President, and Chief Executive Officer
• Don Bassell – Chief Financial Officer
• Arie Wasserman – Chief Operating Officer
• Robert Giammatteo – Executive Vice President, Wholesale
• Shawn McKinney – Executive Vice President, Retail Operations