To mark the grand opening of its newest remodeled convenience store, Cumberland Farms has kicked off a month-long fundraiser that will benefit the students of Brookfield Elementary School. For the next month, Cumberland Farms plans to donate 20 cents from every Chill Zone beverage and cup of coffee sold at its 225 Main Street store [...]
Cumberland Farms Inc. is selling 61 convenience store properties through a structured sale process to be managed by Matrix Capital Markets Group Inc. Cumberland owns the real estate at all of the sites and leases them to third party tenants under triple net lease agreements. These tenants operate independent convenience stores and other retail businesses [...]
Cumberland Farms convenience store locations in New England, the mid-Atlantic and Florida are adding nFinanSe $3 Visa and $3 Discover Reloadable Prepaid Debit Cards. “By offering it’s customers a $3 Visa or $3 Discover Reloadable Card, Cumberland Farms will now be able to compete with any retailer on the basis of price for a reloadable [...]
Framingham, Mass.-based Cumberland Farms is rolling out a new iced coffee offering made from its Farmhouse Blend coffee recipe, the Boston Globe reported. In response to customer demand, Cumberland Farms’ medium roast now is available chilled. The chain’s stores are installing iced-coffee equipment for the first time to accommodate the new offering. The chain has [...]
Energy North placed a winning bid of $9.27 million, plus the value of the stores’ inventory to acquire M.W. Sewall’s 11 Clipper Mart stores, outbidding Cumberland Farms Inc.’s $8.5 million offer, The Times Record reported. Other qualified bidders at Tuesday’s auction included H.A. Mapes Inc., Mac’s Convenience Stores LLC and TD Bank. Two other qualified [...]
Gulf Oil Limited Partners has entered a multi-year sponsorship deal with Major League Baseball’s Atlanta Braves, The Boston Globe reported. The agreement will allow Gulf a presence at Turner Field, the home of the Atlanta Braves, where rotational signage, displaying Gulf’s “Sunrise” logo will appear behind home plate for all Braves home games. “We want [...]
Framingham, Mass.-based Gulf Oil LP, a division of Cumberland Farms Inc., has acquired the rights to the Gulf brand in the U.S. from Chevron USA Inc., the Boston Business Journal reported. Terms of the deal were not disclosed. Gulf Oil began using the Gulf name in 1986 through a licensing agreement with San Ramon, Calif.-based [...]