Town & Country Food Stores
From Wikipedia, the free encyclopedia
Town & Country Food Stores (T&C) was an employee-owned chain of convenience stores based in San Angelo, Texas. It was purchased by Susser Holdings Corporation in 2007 and the stores are undergoing a transformation to Stripes Convenience Stores by the end of 2008.
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[edit] History
T&C traces its history back to an earlier chain of the same name, founded in 1958 in Austin, Texas. However, during the early 1960's the predecessor chain found itself in financial trouble due to overexpansion.
In 1965, two company employees, H.A. "Harold" Gibbs (a San Angelo native) and F.L. "Steve" Stephens (district manager for the San Angelo area) purchased T&C's six San Angelo stores and one store located in Del Rio, Texas; as part of the purchase, the West Texas company also acquired the T&C name.
[edit] The company today
T&C now has 160 convenience stores and 7 T&C Village Markets (supermarkets) across a large area of West Texas and New Mexico, and employs over 1,950 people.
[edit] Susser Holdings Buyout
In September of 2007, Susser Holdings of Corpus Christi, Texas, entered into an agreement to purchase Town & Country Food Stores. The close of the transaction expected 90 days following federal approval. According to newspaper reports in the San Angelo Standard-Times, Town & Country stores are expected to be rebranded to Stripes Convenience Stores.
