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EG America takes over 9 Neon Marketplace c-stores in the Northeast
EG America takes over 9 Neon Marketplace c-stores in the Northeast

Yahoo

time8 hours ago

  • Business
  • Yahoo

EG America takes over 9 Neon Marketplace c-stores in the Northeast

This story was originally published on C-Store Dive. To receive daily news and insights, subscribe to our free daily C-Store Dive newsletter. EG America has acquired nine leasehold convenience stores in the Northeast for an undisclosed amount, the company announced this week in its earnings update. A company spokesperson was unable to share which states and cities these stores are located in or who the landowner is for each site. However, a report by WPRI confirmed that they're under the Neon Marketplace banner and located across Rhode Island and Massachusetts. EG America said in its earnings update it will rebrand these sites to its Cumberland Farms banner. EG America has been on a selling spree for the past few years, but this small-scale purchase may indicate the retailer is ready to refocus on acquisitions. EG America, which has about 1,500 c-stores across 30 states, sold over 150 convenience stores and executed sale-leaseback deals for hundreds of others between early 2023 and late 2024 to help its parent company, EG Group, pay down debt. Last December, EG Group said a significant chunk of its debt had been paid. EG America's latest nine-store acquisition, which occurred earlier in May, marks the first of what could be many purchases now that its debt load has eased. In an interview with C-Store Dive last month, former CEO John Carey said the company was looking to grow inorganically, especially on the East Coast, where it operates in Connecticut, Maine, New York, New Hampshire, Vermont, Rhode Island and its home state of Massachusetts. The retailer's latest deal signals that it intends to grow the Cumberland Farms banner. Carey — who has since been replaced by EG Group CEO Russell Colaco — said last month that EG America wanted to prioritize rebranding more c-stores to Cumberland Farms, continuing an initiative that began in early 2022. With nearly 600 locations, Cumberland Farms is EG America's largest chain, but the retailer has nine others, including TurkeyHill, QuikStop, Loaf'N Jug and TomThumb. 'It means we want to have one offer… What we haven't done a good job of is pulling the best from [all of our brands] and creating it,' Carey said last month in reference to unifying EG America under the Cumberland Farms banner. Recommended Reading With new faces at the helm, EG America is ready for takeoff

Mass. State Lottery: Keno ticket worth $120,000 sold at liquor store
Mass. State Lottery: Keno ticket worth $120,000 sold at liquor store

Yahoo

time2 days ago

  • Business
  • Yahoo

Mass. State Lottery: Keno ticket worth $120,000 sold at liquor store

A winning Keno ticket worth $120,000 was sold at a liquor store in Nantucket on Saturday. The ticket was purchased at Old South Liquors. In Keno, players select up to 12 numbers spots to play, and then choose numbers between 1 and 80 to fill each spot. Each number spot offers unique prizes and odds of winning. Players then choose how much they want to wager on each drawing — between $1 and $20 — and how many drawings they want to use the same numbers for. The same numbers can be played in up to 30 consecutive drawings, and drawings take place every day every three minutes from 5:04 a.m. to 1:01 a.m. Players can also multiply their prizes up to 10 times by marking the Keno Bonus. Keno Bonus is not available on the 10 spot, 11 spot or 12 spot. Overall, at least 321 prizes worth $600 or more were won or claimed in Massachusetts on Saturday, including four in Springfield, six in Worcester and 19 in Boston. The Massachusetts State Lottery releases a full list of winning tickets every day. The list only includes winning tickets worth more than $600. The two largest lottery prizes won so far in 2025 were each worth $15 million. One of the prizes was from a winning 'Diamond Deluxe' scratch ticket sold in Holyoke, and the other was from a '300X' scratch ticket sold on Cape Cod. Winning $100,000 Mass Cash ticket sold at Weymouth convenience store Mass. State Lottery winner: 1st $1M prize claimed in new game Mass. State Lottery winner: Cumberland Farms sells $100,000 ticket Mass. State Lottery winner: $25K a year for life prize fuels dream vacation Read the original article on MassLive.

1st $1M lotto prize claimed in Mass. from new scratch ticket game
1st $1M lotto prize claimed in Mass. from new scratch ticket game

Yahoo

time23-05-2025

  • Business
  • Yahoo

1st $1M lotto prize claimed in Mass. from new scratch ticket game

The first $1 million prize from a new lottery scratch ticket game was claimed on Thursday. The $1 million prize was from '$15,000,000 Colossal Millions,' a game released last month that costs $30 per ticket to play. There are still seven $1 million prizes and all three $15 million grand prizes remaining to be claimed in the game as of May 23. The winning $1 million ticket was sold at Lowell Street Market in Peabody. Overall, at least 525 prizes worth $600 or more were won or claimed in Massachusetts on Thursday, including six in Springfield, 20 in Worcester and 37 in Boston. The Massachusetts State Lottery releases a full list of winning tickets every day. The list only includes winning tickets worth more than $600. The two largest lottery prizes won so far in 2025 were each worth $15 million. One of the prizes was from a winning 'Diamond Deluxe' scratch ticket sold in Holyoke, and the other was from a '300X' scratch ticket sold on Cape Cod. Mass. State Lottery winner: Cumberland Farms sells $100,000 ticket Mass. State Lottery winner: $25K a year for life prize fuels dream vacation Mass. State Lottery winner: $1 million crossword ticket sold in Worcester Mass. State Lottery winner: Cumberland Farms gas station sells $100,000 ticket Read the original article on MassLive.

This Cumberland Farms gas station in Mass. sold a winning $100,000 lottery ticket
This Cumberland Farms gas station in Mass. sold a winning $100,000 lottery ticket

Yahoo

time22-05-2025

  • Business
  • Yahoo

This Cumberland Farms gas station in Mass. sold a winning $100,000 lottery ticket

A $100,000 lottery ticket was sold at a Cumberland Farms gas station in Massachusetts and the winner came forward Monday to claim their prize. The winning ticket was from the $30 scratch ticket game called 'Millions.' There's still 76 prizes worth $100,000 to be claimed in the game as of May 20, along with four $1 million prizes and one $15 million grand prize. The winning $100,000 ticket was sold at a Cumberland Farms gas station located in Fall River. Overall, at least 741 prizes worth $600 or more were won or claimed in Massachusetts on Monday, including 20 in Springfield, 27 in Worcester and 70 in Boston. The Massachusetts State Lottery releases a full list of winning tickets every day. The list only includes winning tickets worth more than $600. The two largest lottery prizes won so far in 2025 were each worth $15 million. One of the prizes was from a winning 'Diamond Deluxe' scratch ticket sold in Holyoke, and the other was from a '300X' scratch ticket sold on Cape Cod. Mass. Powerball winner: ticket worth $50,000 sold at variety store Two winning $100,000 Mass Cash tickets sold at convenience stores Mass. State Lottery winner: $100K winner won or claimed at Springfield 7-Eleven Lucky for Life winner: $25,000 a year for life prize won in Massachusetts Read the original article on MassLive.

Winning $100,000 lotto ticket sold at this Cumberland Farms in Massachusetts
Winning $100,000 lotto ticket sold at this Cumberland Farms in Massachusetts

Yahoo

time22-05-2025

  • Business
  • Yahoo

Winning $100,000 lotto ticket sold at this Cumberland Farms in Massachusetts

A winning $100,000 lottery ticket was sold at a Cumberland Farms gas station in Massachusetts on Wednesday. The $100,000 grand prize was from the daily 'Mass Cash' drawing. The winning numbers for the May 21 drawing were 19, 20, 22, 23 and 31. A ticket that matched all five numbers was sold at a Cumberland Farms gas station in Dalton. Overall, at least 498 prizes worth $600 or more were won or claimed in Massachusetts on Wednesday, including 18 in Springfield, 18 in Worcester and 45 in Boston. The Massachusetts State Lottery releases a full list of winning tickets every day. The list only includes winning tickets worth more than $600. The two largest lottery prizes won so far in 2025 were each worth $15 million. One of the prizes was from a winning 'Diamond Deluxe' scratch ticket sold in Holyoke, and the other was from a '300X' scratch ticket sold on Cape Cod. Mass. State Lottery winner: $25K a year for life prize fuels dream vacation Mass. State Lottery winner: $1 million crossword ticket sold in Worcester Mass. State Lottery winner: Cumberland Farms gas station sells $100,000 ticket Mass. Powerball winner: ticket worth $50,000 sold at variety store Read the original article on MassLive.

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