RaceTrac Petroleum, Inc.
News and overview for RaceTrac Petroleum, Inc.
RaceTrac Petroleum, PDI Leaders Inducted Into Hall of Fame
Convenience Store News | 13 hours 30 minutes ago
RaceTrac Petroleum, PDI Leaders Inducted Into Hall of Fame November 23, 2009 - ATLANTA -- Carl Bolch Jr., chairman and CEO of Atlanta-based RaceTrac Petroleum
Carl Bolch, Greg Gilkerson to be Inducted Into CSNews' Industry Hall of Fame
Convenience Store News | 46 days 12 hours 44 minutes ago
Carl Bolch, Greg Gilkerson to be Inducted Into CSNews' Industry Hall of Fame October 08, 2009 - ATLANTA -- Carl Bolch Jr., chairman and CEO of Atlanta-based RaceTrac Petroleum
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Company Overview
| Company: | RaceTrac Petroleum, Inc. |
|---|---|
| Industry: | Convenience Stores & Truck Stops |
| Website: | http://www.racetrac.com |
RaceTrac Petroleum hopes it's a popular pit stop for gasoline and snacks in the Southeast. The company owns more than 525 gas stations and convenience stores in about a dozen states under the RaceTrac and RaceWay names. (RaceWay stores are operated by independent contractors.) The chain plans to grow by adding between 35 and 45 new locations annually. Carl Bolch founded RaceTrac in Missouri in 1934. His son, chairman and CEO Carl Bolch Jr., moved the company into high-volume gas stations with long, self-service islands that can serve as many as two dozen vehicles at one time. RaceTrac's convenience stores sell fresh deli food and offer some fast-food fare. The Bolch family owns the company.
Key Numbers
| Sales in U.S. Dollars (mil.) | 5,520 (2007) |
|---|---|
| One-year % Growth in Sales | 12.7 (2007) |
| Net Income in U.S. Dollars (mil.) | 0 () |
| One-year % Growth in Net Income | 0.0 () |
| Number of Employees | 3,812 (2007) |
| One-year % Growth in Number of Employees | -5.6 (2007) |
| Fiscal Year-End | December |