Thorntons_LLC

Thorntons LLC

Thorntons LLC

American convenience store chain based in Kentucky

Thorntons LLC, formerly Thorntons Inc., is a gasoline and convenience store chain headquartered in Louisville, Kentucky. It operates 200+ locations which vary from traditional fuel and convenience stores, stores with expanded kitchen formats and Travel Centers. Thorntons stores are located in six states: Florida, Illinois, Indiana, Kentucky, Ohio and Tennessee.[1] Founded in 1971 by James Thornton, it is a subsidiary of BP.

Quick Facts Company type, Industry ...

History

The first Thorntons location opened in 1971 in Clarksville, Indiana.[2] The original site featured a kiosk building and a full-service attendant. In the 1980s, Thorntons transitioned from kiosk locations to convenience stores and grew to over 100 locations.

Thorntons locations map as of January 2020

In 2013, Thorntons introduced a larger store model with an expanded food program in select Louisville, Kentucky and Southern Indiana stores. In 2016, this platform was expanded in select Chicago metropolitan area stores.

Around the same time frame, Thorntons rolled out Unleaded15 fuel which provides an octane rating of 88 and contains approximately 15% ethanol. Certain Thorntons locations also offer E85.[3]

In 2019, Thorntons was acquired by a joint venture between Arclight Capital Partners and BP.[4] In July 2021, BP agreed terms to acquire ArcLight Capital Partners' shareholding.[5] The transaction was completed on August 31, 2021.[6] BP retained the Thorntons brand, making it a sister chain to BP-owned ampm; the two chains do not overlap.[7]

References

  1. [1]
    "Locations". www.mythorntons.com. Retrieved 13 January 2010.
  2. [2]
    First Thorntons convenience store to open in Clearwater Tampa Bay Times August 24, 2012
  3. [3]
    "Unleaded15". Thorntons. Retrieved 2016-06-06.
  4. [4]
    Thorntons Being Acquired by Joint Venture Between BP & ArcLight Capital Convenience Store News December 3, 2018
  5. [5]
    BP to buy entire ownership of Thorntons joint venture Euronews July 31, 2021
  6. [6]
    BP assumes full ownership of Thorntons BP August 31, 2021
  7. [7]
    "bp to grow mobility and convenience presence in America, integrating convenience leader Thorntons | News". BP.
Share this article:

This article uses material from the Wikipedia article Thorntons_LLC, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.