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Home > Company Index > Retail > Convenience Stores & Gas Stations > Cumberland Farms, Inc.

Cumberland Farms, Inc.
 PROFILE
Tracing its roots to a one-cow dairy, Cumberland Farms owns and operates about 1,000 convenience stores (three-fourths of which sell gasoline) in 11 eastern seaboard states from Maine to Florida. The company has its own grocery distribution and bakery operations to supply its stores. In addition, Cumberland Farms' majority stake in Gulf Oil, a petroleum wholesaler, gives it the right to use and license Gulf trademarks in Delaware, New Jersey, New York, most of Ohio, Pennsylvania, and the New England states. The company, the first operator of convenience stores in New England, was founded in 1938 by Vasilios and Aphrodite Haseotes. The Haseotes' children, including CEO Lily Bentas, own the company.

 COMPETITION
7-Eleven, Inc. (SE)
BP p.l.c. (BP)
Exxon Mobil Corporation (XOM)

 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 950.00
1-Yr. Sales Growth: (16.7)%
Employees: 6,200
Revenue per employee: $153,225.81

 KEY PEOPLE
• Lilly H. Bentas
    CEO
• Donald Holt
    CFO

 CONTACT INFO
777 Dedham St.
Canton, MA 02021
US
Phone: 781-828-4900
Fax: 781-828-9012
Online: Web Site

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