Murphy USA is an American corporation based in El Dorado, Arkansas operating a chain of retail gas stations that are primarily located in proximity to Walmart stores. It was founded as a spin-off of Murphy Oil in 2013.[1][2] In 2018, it was ranked 279 on the Fortune 500 list of the largest United States corporations by revenue.[3] In 2021, Murphy USA had dropped to 322 on the Fortune 500 list. [4]
In the first quarter of 2016, Murphy USA announced a change in its relationship with Walmart, as they began opening their own in-house gas stations and convenience stores. It plans to increase its locations independently of Walmart sites. In 2016, Murphy USA announced that Core-Mark would be the sole distributor for their chain. It said, "...this partnership will allow Murphy to offer a larger selection of popular convenience store products."[5]
On December 14, 2020, Murphy USA announced that it has reached an agreement to purchase QuickChek convenience stores, based in Whitehouse Station, New Jersey, for $645 million.[6]
Locationsedit
Murphy USA opened its first stores exclusively adjacent to Walmart properties. As of December 15th, 2020, Murphy USA operates 1,500 retail fueling stations in 26 US states and over 1,100 sites are located near Walmart stores. Murphy USA also has 240 Murphy Express branded stores, which are located independently.[7] Murphy Express sites are typically large-format facilities (1,200-3,400+ square feet) that offer a larger array of products and more fueling lanes than the original format.
Referencesedit
^"Spinoff Murphy USA Gets Board Sign-Off". CSPNet. 7 Aug 2013. Retrieved 21 May 2015.
^"Murphy USA Spinoff". Zacks. Retrieved 27 February 2015.
^"Murphy USA Announces Agreement to Acquire QuickChek—One of the Leading Food and Beverage C-Store Operators in the U.S." 14 December 2020.
^"About Murphy USA | Quality fuels, low prices and tremendous opportunities for investment and employment". corporate.murphyusa.com. Retrieved 2016-02-16.
This United States retail business article is a stub. You can help Wikipedia by expanding it.
murphy, american, corporation, based, dorado, arkansas, operating, chain, retail, stations, that, primarily, located, proximity, walmart, stores, founded, spin, murphy, 2013, 2018, ranked, fortune, list, largest, united, states, corporations, revenue, 2021, dr. Murphy USA is an American corporation based in El Dorado Arkansas operating a chain of retail gas stations that are primarily located in proximity to Walmart stores It was founded as a spin off of Murphy Oil in 2013 1 2 In 2018 it was ranked 279 on the Fortune 500 list of the largest United States corporations by revenue 3 In 2021 Murphy USA had dropped to 322 on the Fortune 500 list 4 Murphy USACompany typePublicTraded asNYSE MUSAS amp P 400 ComponentFounded1996 28 years ago 1996 became independent in 2013 11 years ago 2013 as spin off of Murphy Oil HeadquartersEl Dorado Arkansas U S Key peopleR Andrew Clyde CEO Mindy West CFO Blake Segal SVP and Head of QuickChek ServicesService stationsWebsitemurphyusa comA Murphy USA gas station in Ellijay Georgia in 2023In the first quarter of 2016 Murphy USA announced a change in its relationship with Walmart as they began opening their own in house gas stations and convenience stores It plans to increase its locations independently of Walmart sites In 2016 Murphy USA announced that Core Mark would be the sole distributor for their chain It said this partnership will allow Murphy to offer a larger selection of popular convenience store products 5 On December 14 2020 Murphy USA announced that it has reached an agreement to purchase QuickChek convenience stores based in Whitehouse Station New Jersey for 645 million 6 Locations editMurphy USA opened its first stores exclusively adjacent to Walmart properties As of December 15th 2020 Murphy USA operates 1 500 retail fueling stations in 26 US states and over 1 100 sites are located near Walmart stores Murphy USA also has 240 Murphy Express branded stores which are located independently 7 Murphy Express sites are typically large format facilities 1 200 3 400 square feet that offer a larger array of products and more fueling lanes than the original format References edit Spinoff Murphy USA Gets Board Sign Off CSPNet 7 Aug 2013 Retrieved 21 May 2015 Murphy USA Spinoff Zacks Retrieved 27 February 2015 Murphy USA Fortune Retrieved 2018 11 25 Fortune 500 2021 Fortune 500 List Fortune Retrieved 30 November 2021 Murphy Oil USA Investor Relations News Release ir corporate murphyusa com Retrieved 2016 02 16 Murphy USA Announces Agreement to Acquire QuickChek One of the Leading Food and Beverage C Store Operators in the U S 14 December 2020 About Murphy USA Quality fuels low prices and tremendous opportunities for investment and employment corporate murphyusa com Retrieved 2016 02 16 nbsp This United States retail business article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Murphy USA amp oldid 1179294774, wikipedia, wiki, book, books, library,
