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New Convenience Store Player to Open 70 Texas Stores
The company that owns thousands of Oxxo convenience stores in Mexico is crossing the border into El Paso and other parts of West Texas and New Mexico. Oxxo’s parent company, FEMSA, bought 249 DK convenience stores for $385 million and the plan is to convert the stores to Oxxo’s. Oxxo has 22,658 stores in Mexico, including in Juárez, and 1,022 stores in South America.
DK conveniences stores operate in West Texas, including 77 in El Paso, Central Texas, New Mexico, and Arkansas. It’s one of the major convenience store operators in El Paso, along with Circle K, owned by Canadian company Alimentation Couche-Tard, and Speedway, owned by 7-Eleven Inc., based in the Dallas area. DK will continue to supply Oxxo stores with gas.
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