bp opened its first ampm convenience store in New York City, expanding the seventh largest c-store chain from its West Coast roots. The store, located at 824 Allerton Avenue in the Bronx, is the first opening for the convenience brand on the East Coast. The store will feature bp branding throughout the fuel experience and ampm's food menu, including a hot deli and grocery with fresh fruit and extensive dry goods.
The entire customer-centric experience is modeled after Thorntons, the renowned Kentucky-based fuel and convenience retailer that bp took full ownership of in 2021. The expansion advances bp's convenience and mobility strategy, which aims to nearly double global earnings from about $5 billion in 2019 to $9-10 billion by 2030 and deliver 15-20% returns. This strategy is supported by a commitment to putting the customer at the heart of what do.
bp aims to increase the number of strategic convenience sites in its global network from around 2,000 to more than 3,000 by 2030. The first ampm store opened in Southern California in 1978. There are over 1,000 stores throughout the West Coast, serving more than 3,500 different products.