VPS Convenience

VPS Convenience Store Group is an American convenience store chain headquartered in Wilmington, North Carolina.

History

Village Pantry was founded as a convenience store chain division of Marsh Supermarkets, founded in Yorktown, Indiana.

In 2006, Sun Capital Partners purchased Marsh and its divisions, including Village Pantry.^[1]

In May 2007, Sun announced that they were splitting Village Pantry from Marsh, making it its own company reporting directly to Sun Capital.^[2]

In October 2007, Village Pantry purchased 33 Next Door Store locations in Michigan and Indiana.

In Spring 2009, Village Pantry and three other Sun-owned convenience store chains—Young's, Li'l Cricket, and Scotchman—began reorganizing to consolidate accounting and administration with Young's and Scotchman parent company Worsley Operating Corporation.^[3][4][5] As of May 2013, the combined operation runs a total of 430 convenience stores as VPS Convenience Store Group.^[6][3]

VPS has been paring down its stores by specifically selling older or smaller sites, and sites without gasoline. As of July 2015, the company was down to 163 locations.^[7]

Notes and references

1. "Sun Capital Partners Affiliate Completes Acquisition of Marsh Supermarkets". Sun Capital Partners. PR Newswire. 2006-09-27.
2. "Village Pantry Disconnects from Marsh". Convenience Store Decisions. 2007-05-07.
3. Holtz, Steve (2009-06-08). "Sun Capital Chains Regroup". CSP Daily News (CSP Information Group). Retrieved 2009-01-03.
4. Abcede, Angel (2009-09-05). "Bright Investment". CSP Daily News (CSP Information Group). Retrieved 2009-01-03.
5. Abcede, Angel (2009-09-08). "Southeast Sun". CSP Daily News (CSP Information Group). Retrieved 2009-01-03.
6. Olson, Scott (2009-06-22). "Village Pantry moving HQ out of Indianapolis". Indianapolis Business Journal.
7. http://www.village-pantry.com/AboutUs/CompanyProfile.aspx

External links

• Village Pantry / Worsley profile at Sun Capital Partners website
• VPS C-Store Group Website