Speedway, McLane extend supply agreement

Speedway LLC has extended a multi-year service agreement with McLane Co., which will supply to more than 1,200 Speedway convenience stores.

Texas-based McLane operates 80 distribution centers across the United States, delivering more than 50,000 products to about 90,000 locations every year, reported CS News.

“Speedway is an elite retailer committed to growing the Speedway brand in new markets,” said Tony Frankenberger, president of McLane Grocery in the announcement. “They are consumer driven as well as community service driven, both qualities we mutually share.”

Speedway operates about 2,770 stores in 22 states after a merger with the Hess Retail chain, making it the second largest company-owned and operated convenience store chain in the U.S.

"McLane has demonstrated both the efficiency and flexibility to rapidly absorb new stores. It has worked hand-in-hand with us through our very aggressive re-ID and remodel process," stated Speedway President Tony Kenney. "McLane has and will play a large role in the execution of the Speedway brand in new markets across the eastern and southeastern U.S."

Speedway is the second largest chain of company-owned and operated gas stations and convenience stores in the United States.