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|Industry||Energy, Retail (Convenience stores), Hospitality, Storage|
Number of locations
| Tom Love, Executive Chairman Greg Love, co-CEO|
Frank Love, co-CEO
|Services||Diesel fuel and gasoline|
Truck / tire repair and maintenance
Number of employees
Love's Travel Stops & Country Stores (commonly referred to as Love's) is a North American family-owned chain of more than 470 truck stop and convenience stores in 41 states in the United States. The company is privately owned and headquartered in Oklahoma City, Oklahoma. Love's ranked No. 18 on the 2017 Forbes list of America's largest private companies.Love's has two primary kinds of stores: country stores and travel stops. Country stores are fueling stations with a convenience store attached. The larger travel stops are located along highways and offer additional amenities such as food from restaurant chains such as Arby's, Baskin Robbins, Bojangles', Burger King, Chester's, Dairy Queen, Del Taco, Denny's, Dunkin’, Friendly's, Green Burrito, IHOP Express, McDonald's, Popeyes, Subway, Taco Bell, Wendy's, trucking supplies, showers and RV dump stations. Love's has approximately 22,000 employees.
A rest area is a public facility, located next to a large thoroughfare such as a highway, expressway, or freeway, at which drivers and passengers can rest, eat, or refuel without exiting onto secondary roads. Other names include: motorway service area (UK), Services (UK), travel plaza, rest stop, service area, service station, rest and service area (RSA), resto, service plaza, lay-by, and service centre. Facilities may include park-like areas, fuel stations, public toilets, water fountains, restaurants, and dump and fill stations for recreational vehicles.
A convenience store, convenience shop, or corner store is a small retail business that stocks a range of everyday items such as groceries, snack foods, confectionery, soft drinks, tobacco products, over-the-counter drugs, toiletries, newspapers, and magazines. In some jurisdictions, convenience stores are licensed to sell alcohol, typically beer and wine. Such stores may also offer money order and wire transfer services, along with the use of a fax machine or photocopier for a small per-copy cost. They differ from general stores and village shops in that they are not in a rural location and are used as a convenient supplement to larger stores.
Subway is an American privately held fast food restaurant franchise that primarily sells submarine sandwiches (subs) and salads. Subway is one of the fastest-growing franchises in the world and, as of June 2017, had approximately 42,000 stores located in more than 100 countries. More than half of the stores are located in the United States. It is the largest single-brand restaurant chain, and the largest restaurant operator, in the world.
In 1964, Tom and Judy Love spent $5,000 to lease an abandoned service station in Watonga, Oklahoma, an hour northwest of Oklahoma City. They named their company Musket Corporation. Over the next eight years, Musket opened 40 additional gas stations. All of them operated under the Kerr-McGee gasoline brand.
Thomas E. Love is an American billionaire businessman. He is the owner, founder and executive chairman of Love's Travel Stops & Country Stores.
Watonga is a city in Blaine County, Oklahoma, United States. It is seventy miles northwest of Oklahoma City. The population was 5,111 at the 2010 census. It is the county seat of Blaine County.
The Kerr-McGee Corporation, founded in 1929, was an American energy company involved in oil exploration, production of crude oil, natural gas, perchlorate and uranium mining and milling in various countries. On June 23, 2006, Anadarko Petroleum Corporation acquired Kerr-McGee in an all-cash transaction totaling $16.5 billion plus $2.6 billion in debt and all operations moved from their base in Oklahoma, United States.
When the fuel crunch of the early 1970s began and gasoline was in short supply in the United States, Tom Love diversified for the sake of the company's success. He launched a new concept in Watonga: the "Mini Stop Country Store." By adding a grocery line to their self-service fuel sales, Musket became one of the nation's first[ citation needed ] to offer one-stop shopping for travelers. The Mini Stop was successful and the company quickly opened more stores in western Oklahoma.
The 1973 oil crisis began in October 1973 when the members of the Organization of Arab Petroleum Exporting Countries proclaimed an oil embargo. The embargo was targeted at nations perceived as supporting Israel during the Yom Kippur War. The initial nations targeted were Canada, Japan, the Netherlands, the United Kingdom and the United States with the embargo also later extended to Portugal, Rhodesia and South Africa. By the end of the embargo in March 1974, the price of oil had risen from US$3 per barrel to nearly $12 globally; US prices were significantly higher. The embargo caused an oil crisis, or "shock", with many short- and long-term effects on global politics and the global economy. It was later called the "first oil shock", followed by the 1979 oil crisis, termed the "second oil shock."
In 1972, Musket set out to convert all of its locations from gas stations to convenience stores with self-serve gasoline. By 1973, the company began using the family name to identify its locations. Love's Country Stores was the new name.
By 1978, Love's Country Stores had 60 locations in small communities throughout Oklahoma, Kansas, Colorado, New Mexico and Texas. That year, the company began offering the Fresh Daily Deli, sandwiches made fresh daily on-location. Food service became the company's third profit center in each location, along with self-serve gasoline and convenience store items. The Fresh Daily Deli is branded today as Love's Subs.
By the end of 1981, the company reached a milestone with 100 Love's Country Stores locations in operation. The in-store decor was changed from the previous dark country look to a brighter theme. The same year, it opened the first Love's Travel Stop on Interstate 40 in Amarillo, Texas. The travel stop opened a new target audience to Love's business; the addition of self-serve diesel fuel brought professional drivers to Love's. The Travel Stop was unique in that it served both the professional driver and the motoring public, resulting in more growth for Love's.
Interstate 40 (I-40) is a major east-west Interstate Highway running through the south-central portion of the United States generally north of I-10, I-20 and I-30 but south of I-70. The western end is at I-15 in Barstow, California; its eastern end is at a concurrency of U.S. Route 117 (US 117) and North Carolina Highway 132 in Wilmington, North Carolina. It is the third-longest Interstate Highway in the United States, behind I-80 and I-90. Much of the western part of I-40, from Oklahoma City to Barstow parallels or overlays the historic US 66, east of Oklahoma City the route generally parallels US 64 and US 70. I-40 runs through many major cities including Albuquerque, New Mexico; Amarillo, Texas; Oklahoma City, Oklahoma; Little Rock, Arkansas; Memphis, Tennessee; Nashville, Tennessee; Knoxville, Tennessee; Greensboro, North Carolina; and Raleigh, North Carolina.
Amarillo is the 14th-most populous city in the state of Texas, United States. It is also the largest city in the Texas Panhandle, and the seat of Potter County. A portion of the city extends into Randall County. The estimated population was 199,826 as of 2017. The Amarillo metropolitan area has an estimated population of 276,020 in four counties as of 2017. The metro population is projected to surpass 310,000 in 2020.
A target audience is the intended audience or readership of a publication, advertisement, or other message. In marketing and advertising, it is a particular group of consumers within the predetermined target market, identified as the targets or recipients for a particular advertisement or message. Businesses that have a wide target market will focus on a specific target audience for certain messages to send, such as The Body Shops Mother's Day advertisements, which were aimed at the children and spouses of women, rather than the whole market which would have included the women themselves.
In 1985, Love's added gifts and novelties. Then in 1993, Taco Bell became a partner, opening a co-branded location in Oklahoma City. The success of this partnership quickly grew.
Taco Bell is an American chain of fast food restaurants based out of Irvine, California and a subsidiary of Yum! Brands, Inc. The restaurants serve a variety of Mexican inspired foods that include tacos, burritos, quesadillas, nachos, novelty and specialty items, and a variety of "value menu" items. As of 2018, Taco Bell serves more than 2 billion customers each year at 7,072 restaurants, more than 93 percent of which are owned and operated by independent franchisees and licensees.
In 1995, the company opened its first triple-branded food service operation in El Paso, Texas. The location offered Subway, Taco Bell Express and Pizza Hut.
El Paso is a city in and the county seat of El Paso County, Texas, United States, in the far western part of the state. The 2018 population estimate for the city from the U.S. Census was 682,669. Its metropolitan statistical area (MSA) covers all of El Paso and Hudspeth counties in Texas, and has a population of 840,758.
Pizza Hut is an American restaurant chain and international franchise which was founded in 1958 by Dan and Frank Carney. The company is known for its Italian-American cuisine menu, including pizza and pasta, as well as side dishes and desserts. Pizza Hut has 18,431 restaurants worldwide as of December 31, 2018, making it the world's largest pizza chain in terms of locations. It is a subsidiary of Yum! Brands, Inc., one of the world's largest restaurant companies.
In the late 1990s, food service continued to grow. Soon the company was partnering with an array of co-branded restaurant concepts, including Arby's, Baskin Robbins, Bojangles', Burger King, Chester's, Dairy Queen, Del Taco, Denny's, Dunkin' Donuts, Godfather's Pizza, Green Burrito, Hardee's, IHOP Express, McDonald's, Sonic, Subway, Carl's Jr., Taco Bell, Taco John's and Wendy's.
In 2000, Sales & Marketing Executives International awarded Love's the 2000 Outlook Award, for innovation and outstanding contribution to the future of the convenience store industry.
The first truck tire care location opened in 2008, and since then, the business has grown into a nationwide network of centers, offering tires, equipment, light mechanical work, oil changes and roadside service.
On June 30, 2010, Love's acquired 20 Pilot Travel Centers locations and six Flying J locations out of antitrust concerns in order for the Federal Trade Commission to approve the Pilot/Flying J merger.
In June 2017, Love's opened its first location in Montana, its 41st state of operation.At the time, Love's operated more than 430 stores.
Love's Travel Stops & Country Stores entered into an agreement with the National Basketball Association (NBA)'s Oklahoma City Thunder on March 15, 2019. The agreement allows Love's to prominently place its logo on the front left shoulder of all Oklahoma City Thunder jerseys.
1964: Tom and Judy Love launch the Musket chain with a gas station in Watonga, Oklahoma.
1972: The first Country Store opens in Guymon, Oklahoma.
1978: Love's Country Stores Inc. is established.
1981: The first Travel Stop opens in Amarillo, Texas.
1986: The company is renamed Love's Travel Stops & Country Stores, Inc.
1990: Love's adds major branded fast-food franchises to travel stops.
1999: Love's opens its 50th travel stop.
2000: Gemini Motor Transport becomes the primary carrier for Love's.
2013: Love's opens 300th location.
2015: Love's opens 300th travel stop.
2016: Love's purchases Trillium CNG. Love's opens 400th location.
2017: Love's purchases Speedco
Mobil, previously known as the Socony-Vacuum Oil Company, is a major American oil company that merged with Exxon in 1999 to form a parent company called ExxonMobil. It was previously one of the Seven Sisters that dominated the global petroleum industry from the mid-1940s until the 1970s. Today, Mobil continues as a major brand name within the combined company, as well as still being a gas station sometimes paired with its own store or On the Run. The former Mobil headquarters in Fairfax County, Virginia, was used as ExxonMobil's downstream headquarters until 2015 when ExxonMobil consolidated employees into a new corporate campus in Spring, Texas.
7-Eleven Inc. is a Japanese-owned American international chain of convenience stores, headquartered in Dallas, Texas. The chain was founded in 1927 as Tote'm Stores until it was renamed in 1946. Its parent company since 2005, Seven-Eleven Japan Co., Ltd., operates, franchises, and licenses 67,480 stores in 17 countries as of December 2018. Seven-Eleven Japan is headquartered in Chiyoda, Tokyo and held by Seven & I Holdings Co., Ltd.. The most recent franchise agreement gives up to 59% of a franchise's gross profit to the company.
Circle K Stores Inc. is a Canadian-owned American multinational chain of convenience stores. Founded in 1951 in El Paso, Texas, the company filed for bankruptcy protection in 1990 and went through several owners, before being acquired by its current owner, Alimentation Couche-Tard, in 2003. It is present in most of the 50 U.S. states and is franchised in Asia and Latin America.
Wawa, Inc. is an American chain of convenience stores and gas stations located along the East Coast of the United States, operating in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Washington, D.C., and Florida. The company's corporate headquarters is located in the Wawa area of Chester Heights, Pennsylvania in Greater Philadelphia. As of 2008, Wawa was the largest convenience store chain in Greater Philadelphia, and it is also the third-largest retailer of food in Greater Philadelphia, after ACME Markets and ShopRite.
Speedway LLC is an Enon, Ohio based convenience store and gas station chain with locations primarily located in the Midwest and the East Coast of the United States, primarily within the states of Connecticut, Florida, Georgia, Illinois, Indiana, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Virginia, West Virginia, and Wisconsin. The company is a wholly owned subsidiary of the Marathon Petroleum Corporation and is the largest convenience store chain in central Ohio.
Sheetz, Inc. is an American chain of convenience stores and coffee shops owned by the Sheetz family. The stores sell a mix of fast food and convenience store items, and nearly all of them sell gasoline as well. Its headquarters are in Altoona, Pennsylvania. Stores are located in Pennsylvania, West Virginia, Maryland, Ohio, Virginia, and eastern and north-central North Carolina.
Kwik Shop is a chain of convenience stores and gas stations headquartered in Hutchinson, Kansas and located through Kansas, Nebraska, and Iowa. They offer cold beverages, coffee, snack items, general foods, lottery tickets, and gasoline. It is owned by EG Group.
Pilot Travel Centers LLC, doing business as Pilot Flying J, is a North American chain of truck stops in the United States and Canada. The company is based in Knoxville, Tennessee where Pilot Corporation, the majority owner, is based. The company is owned by Pilot, FJ Management, and Berkshire Hathaway. The company operates truck stops under the Pilot Travel Centers, Flying J Travel Plaza, and Mr. Fuel brands.
On the Run is a flagship convenience store brand developed by ExxonMobil, used at Exxon and Mobil stations in the United States, and at Esso and Mobil stations internationally. Alimentation Couche-Tard acquired the On the Run trademark and franchise network in the U.S. in 2009, and Parkland Fuel did the same in Canada in 2016; ExxonMobil retains full ownership of the brand in the rest of the world.
Road Ranger is a Rockford, Illinois-based chain of travel centers, truck stops and convenience stores primarily found in the mid-western United States.
Stripes Stores is a chain of 700+ convenience stores in Texas, Louisiana, New Mexico, and Oklahoma. These locations are former Circle K and Town & Country Food Stores. Other convenience store brands they operate under include IceBox and Quick Stuff. It is one of the largest non-refining operators of convenience stores in the United States.
TravelCenters of America LLC is the largest publicly traded full-service travel center company in the United States. The company operates full service centers, convenience stores, and restaurants under the TravelCenters of America, TA, Petro, Petro Stopping Centers, Minit Mart, and Quaker Steak & Lube brands. TravelCenters of America is headquartered in Westlake, Ohio, operates in 43 U.S. states and 1 Canadian province, and employs more than 20,000 people, as of 2018.
The QuikTrip Corporation, more commonly known as QuikTrip (QT), is a chain of convenience stores based in Tulsa, Oklahoma that primarily operates in the Midwestern, Southern, and Southeastern United States as well as in Arizona.
IHOP is an American multinational pancake house restaurant chain that specializes in breakfast foods. It is owned by Dine Brands Global—a company formed after IHOP's purchase of Applebee's, with 99% of the restaurants run by independent franchisees.
Tom's is a chain of gas station/convenience stores based in York, Pennsylvania. Tom's currently has 8 locations throughout central PA, of which are open 24 hours.
Turkey Hill Minit Markets is an American chain of convenience stores founded in Lancaster, Pennsylvania, in 1967. As of October 2017, Turkey Hill Minit Markets had over 260 locations across Ohio and Pennsylvania.
Minit Mart LLC is a chain of convenience stores operating in South central and Western Kentucky, Northern middle Tennessee, Eastern Wisconsin, Kansas City, Northeast Illinois, and Northeast Ohio. Its corporate offices are located in Cincinnati, OH, and the chain consists of 231 locations scattered around the United States.
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