Thursday, 14 January 2021 14:57

Stewart’s Shops Expands: Fuel Distribution with Red-Kap Asset Purchase; Stewart’s Express Shops

SARATOGA SPRINGS — Stewart’s Shops have acquired the assets of Red-Kap, which include eight convenience stores, four car washes and their fuel distribution to more than 75 dealers.

Stewart’s Shops will maintain the branding of the Mobil, Citgo, and Sunoco stations and will convert two of the Red-Kap locations into traditional Stewart’s Shops. The remaining six locations will become ‘Stewart’s Express’ shops. These smaller shops will have limited product offerings and will not serve hand-scooped ice cream. 

 “Stewart’s Shops has always respected and admired the integrity of the family-owned Red-Kap organization. This is primarily a fuel distribution transaction, and we look forward to extending our support to the distributor and dealer network,” Stewart’s Shops president Gary Dake said in a statement.

The eight convenience stores are located in Albany, Baldwinsville, Berne, Hudson, Rensselaer, Saratoga Springs, Castleton, and Loudonville and are already undergoing conversions into Stewart’s Shops and ‘Stewart’s Express’ locations and will be completed in 2021. 

Founded in 1945, Stewart’s Shops is an employee and family-owned convenience store chain based in Saratoga Springs, with over 345 Stewart’s Shops located in 31 counties across upstate New York and southern Vermont. 

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