Franchise FAQ

is cumberland farms a franchise

by Arch Batz Published 2 years ago Updated 1 year ago
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Cumberland Farms, colloquially known as Cumby's, is a regional chain of convenience stores based in Westborough, Massachusetts, operating primarily in New York, New England and Florida.
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Cumberland Farms.
TypePrivate
RevenueUS$6.3 billion (2018)
Number of employees6,000
ParentEG Group (2019–)
SubsidiariesGulf Oil LP (1986–2016)
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Who is Cumberland Farms owned by?

The United Kingdom-based company completed its acquisition of the convenience store chain on Oct. 22. Based in Westborough, Cumberland Farms operates 567 c-stores in seven Northeast states and Florida.

When did Cumberland Farms open its first convenience store?

In 1962, Cumberland Farms opened up the first ever convenience store in the Northeast. Way back in 1972, we were one of the first places anywhere to offer self-serve gasoline. Today, Cumberland Farms has almost 600 stores in 8 states, and employs over 6,000 people.

What does the Cumberland Farms acquisition mean for EG Group?

"The Cumberland Farms acquisition represents another significant step in our ambition to build the most compelling, comprehensive and effective convenience customer retail network across the [United States]," said Zuber Issa, founder and co-CEO of EG Group. "Cumberland Farms is a well-invested, modern retail network.

How many gas stations does Cumberland Farms have?

Way back in 1972, we were one of the first places anywhere to offer self-serve gasoline. Today, Cumberland Farms has almost 600 stores in 8 states, and employs over 6,000 people. We sell nearly 3 million gallons of Chill Zone every year, or enough to fill 6 Olympic-sized pools.

Where was the first convenience store in the Northeast?

Is Cumberland Farms a good place to work?

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What company owns Cumberland Farms?

EG GroupEG GROUP LIMITEDCumberland Farms/Parent organizations

What family owns Cumberland Farms?

The Haseotes familyThe Haseotes family envisioned a better way to serve their customers - a way to provide the best possible products at the best possible price. With that they opened the first Cumberland Farms store in Bellingham, Massachusetts.

How much did Cumberland Farms sell for?

Shriber estimated the transaction to be worth more than $3 billion.

Did Cumberland Farms get bought out?

EG Group acquired Cumberland Farms in 2019, which at the time operated 567 convenience stores across seven northeast states and Florida.

How much is the Haseotes family worth?

Forbes has estimated the family's net worth at $3.9 billion. Ari Haseotes, the brother of Byron Haseotes Jr., is the CEO of Cumberland Farms. County records show the family owns four properties in Wellington, Florida.

How many locations does Cumberland Farms have?

We won't stop until every one of our nearly 600 stores is converted! Our website uses cookies and similar technologies, as described in our privacy policy, for purposes that include site operation, analytics, enchanced user experience, and advertising.

Where is Cumberland Farms headquarters located?

Framingham, MACumberland Farms / HeadquartersFramingham is a city in the Commonwealth of Massachusetts in the United States. Incorporated in 1700, it is located in Middlesex County and the MetroWest subregion of the Greater Boston metropolitan area. Wikipedia

Who makes Cumberland Farms ice cream?

As for the Friendly's and Cumberland Farms lawsuits, both of which sell ice cream manufactured by Dallas-based Dean Foods, the suits claim that “the consumer gets the impression that vanilla is the sole flavor” in both products.

Who owns Wawa corporation?

Richard "Dick" Wood Jr. is chairman of the board of directors. Many Wood family members are active in the company. Although Wawa is a family-run business, Wawa associates own roughly 50% of the company, more than 40% of which is owned through the company's employee stock-ownership program.

Is Cumberland Farms a real farm?

There really was a Cumberland Farm. Vasilios and Aphrodite Haseotes bought it in Cumberland, Rhode Island in 1939, along with their very first cow. In 1962, Cumberland Farms opened up the first ever convenience store in the Northeast.

Does Cumberland Farms own Loaf N Jug?

The parent company of Cumberland Farms, Tom Thumb and Loaf 'N Jug will rebrand the Colorado's firm 18 convenience retail stores and fuel stations in northern Colorado as Loaf 'N Jug locations.

Who is the CEO of Cumberland Farms?

Ari N. Haseotes (Jul 1, 2014–)Cumberland Farms / CEO

Who owned the mansion on Cumberland Island?

Thomas CarnegieThomas Carnegie and his wife, Lucy, bought land on Cumberland as a winter retreat in the 1880's. In 1884, they began building the mansion that would also be named Dungeness.

How much of Cumberland Island is privately owned?

1,000 acresCumberland Island is also unique in that there are currently 1,000 acres of private land within the bounds of the National Seashore – much of which is held by the descendants of the island's original and longtime owners.

Who is the CEO of Cumberland Farms?

Ari N. Haseotes (Jul 1, 2014–)Cumberland Farms / CEO

What company owns Circle K?

Alimentation Couche‑T...Convenien... Retail AsiaCircle K/Parent organizations

Cumberland Farms, Inc. Company Profile - Dun & Bradstreet

Find company research, competitor information, contact details & financial data for Cumberland Farms, Inc. of Westborough, MA. Get the latest business insights from Dun & Bradstreet.

Cumberland Farms Company Profile - Craft

Cumberland Farms has 5 employees at their 1 location and $6 b in annual revenue in Y 2018. See insights on Cumberland Farms including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft.

Cumberland Farms, Inc. -- Company History

Statistics: Private Company Incorporated: 1957 as Cumberland Farms Dairy, Inc. Employees: 3,800 Sales: $1.32 billion (1995) SICs: 2051 Bread & Other Bakery Products, Except Cookies & Crackers; 5172 Petroleum & Petroleum Products Wholesalers, Except Bulk Stations & Terminals; 5411 Grocery Stores; 5541 Gasoline Service Stations Company History: Founded in 1938 as a one-cow dairy farm, Cumberland ...

Cumberland Farms Inc - Company Profile and News

Company profile page for Cumberland Farms Inc including stock price, company news, press releases, executives, board members, and contact information

What colors does Cumberland Farms have?

Its original colors were navy blue and orange, but in 2009, they rebranded with a new logo and colors (navy blue and green). The new logo change marked the beginning of the transformation of Cumberland Farms stores from older, legacy stores to new AIM stores that now include numerous new fresh food items such as pizza, chicken sandwiches, subs, and a roller grill. Cumberland Farms offers a large assortment of food service items, candy, snacks, and chilled drinks, which it calls "The Chill Zone", along with Cumberland Farms branded chips, pastries, candy, and coffee, etc.

How many states does Cumberland Farms operate in?

Cumberland Farms operates 566 retail stores, gas stations, and a support system including petroleum and grocery distribution operations in 8 states: Connecticut, Florida, Massachusetts, Maine, New Hampshire, New York, Rhode Island, and Vermont . Its original colors were navy blue and orange, but in 2009, they rebranded with a new logo and colors ...

Where did the Haseotes farm?

In 1938, Vasilios and Aphrodite Haseotes purchased a single-cow farm in Cumberland, Rhode Island , which eventually grew into the largest dairy farm in Southern New England. Cumberland Farms opened a dairy store in Bellingham, Massachusetts, in 1958 and the first convenience store in the northeastern United States in 1962.

When did Cumberland Farms close?

According to management, these sales and closures were to redeploy capital to their remaining stores and new builds. In July 2018, Cumberland Farms closed several Florida locations to focus their attention on the state's East Coast.

Who wrote the Cumberland Farms ad?

In the late 1960s the Cumberland Farms had a successful ad campaign that helped expand their franchise, in part due to catchy jingles written by Brad Delp, who later co-founded the rock band Boston with Tom Scholz .

How old is Jesicca Ginther?

Jesicca Ginther, a 26 year-old administrative assistant in New Hampshire, saves money by buying in bulk and getting her hands dirty.

Where is SmartPay headquartered?

The company was founded by Vasilios Haseotes and Aphrodite Haseotes in 1939 and is headquartered in Framingham, MA.

Is National Ice Cream Day an official holiday?

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Is it National Ice Cream Day?

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Is Amazon opening grocery stores?

The news that Amazon will open grocery stores amid an aggressive expansion by Aldi in the United States signals an intensifying fight for market share in the food space. It will be a a bonanza for the value-oriented consumer, and a bloodbath for retailers that are not paying close attention to these emerging threats.

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Assistant Store Manager

Managed flagship locations carrying extended personal care beauty products and third party specialty cosmetics Analyzing business trends and make correct changes in order to maximize sales Developing strategies for achieving and exceeding sales goals of over five million dollars annually Specialized in brand management and store merchandising Consistently top ten in exceeding company sales plans Recruiting, hiring, and training sales associates and other managers Always….

Co-Director

Provided superior customer service Managed payroll Consistently met and exceeded sales plans

Where was the first convenience store in the Northeast?

Vasilios and Aphrodite Haseotes bought it in Cumberland, Rhode Island in 1939, along with their very first cow. In 1962, Cumberland Farms opened up the first ever convenience store in the Northeast. Way back in 1972, we were one of the first places anywhere to offer self-serve gasoline.

Is Cumberland Farms a good place to work?

Cumberland Farms is proud to be certified as a 2019-2020 Great Place to Work!

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