GPM unveils plans for its store prototype of the future

ARKO and GPM anticipate remodeling approximately 360 stores over the next three to five years.

GPM Investments, a rapidly growing leader in the U.S. convenience store industry controlled by ARKO Holdings, unveiled its plans for its store prototype of the future for remodels and raze and rebuilds.

GPM currently anticipates that it will remodel approximately 360 of its sites in key locations across the country over the next three to five years.

Arko and Haymaker Acquisition Corp. also announced a commitment for an up to $100 million investment in convertible preferred stock from MSD Capital that will be available for growth capital and funding this remodel program.

“We have been working on this prototype over the last year and are very excited about the extensive remodel program, and the benefits it will bring to our existing customers, as well as new customers who will be drawn in by the fresh new look,” said Arie Kotler, Chief Executive Officer of Arko and GPM. “Our remodeled stores will feature an expanded offering with grab ‘n’ go prepared food, beer caves, frozen food, an enhanced drink lineup and much more.”

The remodel program will enhance the customer experience in each store through new design, assortment, navigation, and layout.

Currently available at 20 sites, GPM is rolling out delivery via DoorDash® at over 300 stores this year.