Global Partners President & CEO Eric Slifka
WALTHAM, Mass. — Global Partners LP entered 2021 with plans in place to expand its retail reach.
The company is already bringing those plans to fruition, having recently reached agreements to add retail assets in the greater Philadelphia market, according to President and CEO Eric Slifka.
The retail sites complement Global Partners' wholesale unbranded business, and position the company to grow its retail branded independent dealer business, Slifka said during the company's fourth-quarter 2020 earnings call, held March 5.
Global Partners seized on some opportunities with companies that were either getting out of the business or had a few sites for sale, according to the chief executive.