Article Title:
BP America 700 stores to be sold during the next 2 years
Publication:
Seattle Times
Publication Type:
Newspaper
Date:
11/16/2007
Pages:
D2
Notes:
"BP America said Thursday it will sell all of its more than 700 company-owned and operated U.S. convenience stores over the next two years, eliminating nearly 10,000 jobs. The company said most of the sites will be sold to franchise owners, while some will be sold to dealers and large distributors. The sites will continue to sell BP fuels in the Eastern United States and Arco fuels in the Western U.S., with the store brand now to be known as 'ampm' nationwide. The sale of 700-plus stores will eliminate 9,500 positions and 350 business support staff. About 100 employees from BP's pipelines and logistics unit also will be affected...."
PCAD id:
7800