DANVERS, Massachusetts (September 19, 2012) — Mid-Atlantic Convenience Stores (MACS) has become the latest regional convenience store chain to partner with The Nexxus Group, an industry-leading provider of Scan Based Trading solutions.
MACS is now involved in a major re-branding initiative that will bring its 71 company-owned stores under the umbrella of industry giant Circle K, thereby becoming the exclusive Circle K developer in the Mid-Atlantic region. The Nexxus Group will employ its proprietary scan based trading program to manage the newspaper category at the 71 MACS Mid-Atlantic stores, which have previously operated under three brands: Uppy’s, Tiger Mart and On The Run. The program with The Nexxus Group will commence on Monday, November 19, 2012.
MACS was formed in mid-2010 by Connecticut-based Catterton Partners, the premier consumer-focused private equity firm in North America. MACS acquired a majority interest in Uppy’s Convenience Stores, Inc. in 2010 along with 170 stores/fuel locations from ExxonMobil. MACS now has approximately 300 company-owned and dealer-operated retail locations as well as a wholesale fuel distribution network.
“We are excited about the efficiencies that our program will bring to MACS as it begins this phase of operations,” says Jim Rao, Chairman and Founder of The Nexxus Group. “We look forward to working with such a growth-minded company.” Mid-Atlantic Convenience Stores Announcement
About Mid-Atlantic Convenience Stores
Based in Richmond, VA, Mid-Atlantic Convenience Stores (MACS) is a leading convenience store operator in Maryland and Virginia. With a network of approximately 300 company-owned and dealer locations, in addition to its wholesale fuel distribution network, MACS is one of the largest convenience store networks and fuel distributors in the region. The company is also the exclusive developer for the Circle K brand in Delaware, Maryland, Virginia and Washington, D.C. For more information about Mid-Atlantic Convenience Stores, visit: www.uppys.com
About The Nexxus Group
Established in 2003, The Nexxus Group provides the industry’s leading full-service Scan Based Trading (SBT) solution and is a trusted business solutions and services partner at more than 50,000 locations for 90 retailers in the United States, Canada and Puerto Rico. The Nexxus Group delivers an innovative and cost effective SBT solution to both retailers and suppliers by providing data exchange, sales and margin reporting, consolidated billing and world-class customer service. The Nexxus Group clients report more efficient and effective management of product categories while increasing sales and lowering costs in the supply chain. The Company’s customers include market leaders in the Convenience, Grocery, Mass Merchant, Discount and Specialty Retailer industries as well as National CPG Suppliers. The Nexxus Group supports retailers and manufacturing partners in categories such as Bakery, Propane, Books, DVDs, Snacks, Novelties, Magazines and Newspapers.
For more information visit TheNexxusGroup.com. Follow us on LinkedIn.
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