ARKO Corp. Remodels its Second fas mart Store Featuring its New fas craves Food Concept in Mechanicsville, VA

Rhea-AI Summary

ARKO Corp. (Nasdaq: ARKO) has opened its second fas craves location in Mechanicsville, Virginia, continuing its store remodeling initiative focused on an innovative food-first concept. The store, which opened on August 6, 2025, features an enhanced menu including hot and cold grab-n-go items, roller grill options, bakery items, and expanded beverage choices.

The remodeled store showcases modern amenities including digital menu boards, new restrooms, and an upgraded interior layout. To celebrate the opening, customers can enjoy special promotions including a $4.99 chicken tender meal deal and $0.99 fountain drinks. Additionally, customers can save up to $2 per gallon on gas through the fas REWARDS® loyalty program.

Positive

• Store remodeling initiative demonstrates commitment to modernization and customer experience enhancement
• Expanded food and beverage offerings create new revenue streams
• Integration with fas REWARDS® loyalty program encourages customer retention

Negative

• None.

News Market Reaction

+1.03%

1 alert

+1.03% News Effect

On the day this news was published, ARKO gained 1.03%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

RICHMOND, Va., Aug. 11, 2025 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO), a Fortune 500 company and one of the largest convenience store operators in the United States, proudly announces the opening of its second fas craves location, located in Mechanicsville, Virginia, at 7559 Cold Harbor Road. This site is part of ARKO’s ongoing initiative to elevate the customer experience through remodeled stores featuring its innovative food-first concept, fas craves.

This location opened to customers on August 6, 2025, and will host a grand opening celebration from September 17–30, offering special promotions and community events.

This store is centered around a crave-worthy menu of hot and cold grab-n-go items designed for today’s busy consumer. Whether it’s a quick breakfast, a convenient lunch, or an afternoon snack, fas craves offers delicious, satisfying options throughout the day.

The fas craves menu includes Hot and Cold Grab-n-Go, Roller Grill, Bakery, and expanded Dispensed Beverages, with standout items like crispy chicken biscuits, zesty potato wedges, mozzarella sticks, jumbo chicken wings, the Ultimate Chicken Tender, Tyson^® chicken sandwiches, and Pub burgers. Beverage choices include nitro cold brew, bean-to-cup fresh hot and iced coffee, iced teas, lemonades, Frazil Slush, and Café Tango frozen coffee.

“This second fas craves location continues to show how we’re transforming the convenience store experience with elevated food options,” said Arie Kotler, President & CEO at ARKO Corp. “With each fas craves store format, we’re giving our customers something new to crave—and a reason to keep coming back.”

The Mechanicsville store has been designed with the customer in mind, featuring an upgraded interior layout, modern digital menu boards, new restrooms, and a cleaner, brighter shopping experience.

To celebrate the opening, customers can enjoy exclusive food deals including two crispy Ultimate Chicken Tenders and a small side of potato wedges for just $4.99, and any fountain drink, tea, or lemonade for only 99 cents.

This second fas craves location marks a continued expansion of the fas craves concept, on the heels of the new to industry Handy Mart that opened in Kinston, NC on July 31, 2025, featuring the fas craves concept.

While enjoying the new delicious food and beverage menu, customers can also take advantage of the exciting Fueling America's Future promotion—saving up to $2 off per gallon of gas by enrolling in the fas REWARDS^® loyalty program, purchasing participating products, and entering their phone number at the pump to watch the savings add up!

About ARKO Corp.

ARKO Corp. (Nasdaq: ARKO) is a Fortune 500 company that owns 100% of GPM Investments, LLC and is one of the largest operators of convenience stores and wholesalers of fuel in the United States. Based in Richmond, VA, our highly recognizable Family of Community Brands offers delicious, prepared foods, beer, snacks, candy, hot and cold beverages, and multiple popular quick serve restaurant brands. We operate in four reportable segments: retail, which includes convenience stores selling merchandise and fuel products to retail customers; wholesale, which supplies fuel to independent dealers and consignment agents; fleet fueling, which includes the operation of proprietary and third-party cardlock locations, and issuance of proprietary fuel cards that provide customers access to a nationwide network of fueling sites; and GPM Petroleum, which sells and supplies fuel to our retail and wholesale sites and charges a fixed fee, primarily to our fleet fueling sites. To learn more about GPM stores, visit: www.gpminvestments.com. To learn more about ARKO, visit: www.arkocorp.com.

Forward-Looking Statements

This document includes certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may address, among other things, the Company’s expected financial and operational results and the related assumptions underlying its expected results. These forward-looking statements are distinguished by use of words such as “accretive,” “anticipate,” “aim,” “believe,” “continue,” “could,” “estimate,” “expect,” “guidance,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would” and the negative of these terms, and similar references to future periods. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to, among other things, changes in economic, business and market conditions; the Company’s ability to maintain the listing of its common stock and warrants on the Nasdaq Stock Market; changes in its strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; expansion plans and opportunities; changes in the markets in which it competes; changes in applicable laws or regulations, including those relating to environmental matters; market conditions and global and economic factors beyond its control; the success of the Company's transformation plan, including the dealerization of retail stores; and the outcome of any known or unknown litigation and regulatory proceedings.

Detailed information about these factors and additional important factors can be found in the documents that the Company files with the Securities and Exchange Commission, such as Form 10-K, Form 10-Q and Form 8-K. Forward-looking statements speak only as of the date the statements were made. The Company does not undertake an obligation to update forward-looking information, except to the extent required by applicable law.

Media Contact
Jordan Mann ARKO Corp.
investors@gpminvestments.com

Investor Contact
Sean Mansouri, CFA Elevate IR
(720) 330-2829
ARKO@elevate-ir.com

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/d613f697-fbc7-40ad-89db-8dfdd01691cd

https://www.globenewswire.com/NewsRoom/AttachmentNg/962e3ba8-f4e2-4459-9c4a-e21290b546e0

https://www.globenewswire.com/NewsRoom/AttachmentNg/e254f218-68b4-4d6f-9f09-2b90a09c2430

FAQ

What new features does ARKO's second fas craves location in Mechanicsville offer?

The location features an upgraded interior layout, modern digital menu boards, new restrooms, and an expanded menu including hot and cold grab-n-go items, roller grill options, bakery items, and various beverage choices.

When did ARKO's new Mechanicsville fas craves store open?

The store opened to customers on August 6, 2025, with a grand opening celebration planned for September 17-30, 2025.

What promotions is ARKO offering at the new Mechanicsville fas craves location?

The store is offering two Ultimate Chicken Tenders and potato wedges for $4.99, fountain drinks for $0.99, and up to $2 off per gallon of gas through the fas REWARDS® program.

Where is ARKO's second fas craves store located?

The second fas craves store is located at 7559 Cold Harbor Road in Mechanicsville, Virginia.

How many fas craves locations does ARKO now operate?

ARKO now operates two fas craves locations, with the second being in Mechanicsville, VA, following the first location that opened in Kinston, NC on July 31, 2025.