Reliance Fuel of Pennsylvania purchased The Store convenience stores from Team Schierl Companies of Stevens Point.
Reliance said all current stores would remain open and it would retain the employees during the transition which will include a rebranding. There are currently stores in Marinette, Peshtigo, Stiles, Shawano and Manawa as well as central Wisconsin.
The purchase follows an announcement in spring by Team Schierl that it would have to close its operations due to the Chapter 7 bankruptcy of Mountain Express Oil Co., the owner of its buildings and land.
In the recent announcement, Team Schierl said it will continue to operate its seven Schierl Tire and Auto Service locations and 30 Subway restaurants. The company owns Subway restaurants in Appleton, Oshkosh, Neenah, Wittenberg, Hortonville, Winneconne and elsewhere.
“Thank you to all of our guests, associates and the communities that have been loyal patrons of The Store for almost 50 years,” Team Schierl wrote in a statement. “We have appreciated your support of our family-owned business.”
Reliance will update The Store locations to carry Reliance Fuel’s Fuel On Wisconsin branding, a match to its Fuel On Pennsylvania brand.
