{"id":36306,"date":"2021-06-17T11:31:00","date_gmt":"2021-06-17T15:31:00","guid":{"rendered":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/?p=36306"},"modified":"2021-06-17T11:31:00","modified_gmt":"2021-06-17T15:31:00","slug":"stewarts-shops-expands-with-the-purchase-of-blueox-neighborhood-market-stores","status":"publish","type":"post","link":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2021\/06\/stewarts-shops-expands-with-the-purchase-of-blueox-neighborhood-market-stores\/","title":{"rendered":"Stewart\u2019s Shops Expands With The Purchase Of Blueox Neighborhood Market Stores"},"content":{"rendered":"<figure id=\"attachment_36307\" aria-describedby=\"caption-attachment-36307\" style=\"width: 1024px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-36307\" src=\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/wp-content\/uploads\/sites\/48\/2021\/06\/stewarts-expands-blueox-logo-hc-1024x724.jpg\" alt=\"\" width=\"1024\" height=\"724\" srcset=\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/wp-content\/uploads\/sites\/48\/2021\/06\/stewarts-expands-blueox-logo-hc-1024x724.jpg 1024w, https:\/\/www.saratoga.com\/saratogabusinessjournal\/wp-content\/uploads\/sites\/48\/2021\/06\/stewarts-expands-blueox-logo-hc-300x212.jpg 300w, https:\/\/www.saratoga.com\/saratogabusinessjournal\/wp-content\/uploads\/sites\/48\/2021\/06\/stewarts-expands-blueox-logo-hc-768x543.jpg 768w, https:\/\/www.saratoga.com\/saratogabusinessjournal\/wp-content\/uploads\/sites\/48\/2021\/06\/stewarts-expands-blueox-logo-hc.jpg 1500w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-36307\" class=\"wp-caption-text\">This is one of the newest Stewart\u2019s Shops convenience stores opened recently in Malone. The company is expanding more with the purchase of Blueox convenience stores.<br \/>Courtesy Stewart\u2019s Shops<\/figcaption><\/figure>\n<p class=\"p1\"><span class=\"s1\">Stewart\u2019s Shops, the locally based convenience store giant, is expanding again with the purchase of the of its Blueox Neighborhood Market convenience store chain.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Stewart\u2019s will acquire seven stores and rebrand six of them to Stewart\u2019s, under the deal.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The Blueox stores have gasoline pumps.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cWe look forward to the opportunity to further serve the Blueox market that they have served so well for the past three plus decades and we look forward to welcoming Blueox employees to the Stewart\u2019s family,\u201d said Stewart\u2019s Shops President Gary Dake.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Blueox Corp. President Jared Bartle said the decision to sell \u201cdid not come easily. Our stores, and especially the people in our stores, are deeply embedded into our corporate culture and it\u2019s for that reason we sought a buyer whose priorities most closely aligned with ours.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cThis was very important to Blueox. As we realign our long-term goals and continue to reinvest in the delivery and service divisions of our company, I\u2019m excited at the opportunities to come.\u201d<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Blueox will continue under the name Blueox Energy Products &amp; Services. At one time, it had 11 convenience stores known as Nice-n-Easy.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The company is based in Oxford in Chenango County.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Renamed in 1986, Blueox Corp. grew to 11 stores made up of both Nice N Easy franchise sites and Big Blue Convenience Stores, serving rural markets in upstate New York. Their residential and commercial delivery and service operations will continue to grow and operate under the name Blueox Energy Products &amp; Services.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><!--more-->Julia Miller, senior vice president of Blueox Corp., said it is increasingly difficult for a mid-sized<span class=\"Apple-converted-space\">\u00a0 <\/span>chains to compete and invest in locations at the same time.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">She said the company wanted to give<span class=\"Apple-converted-space\">\u00a0 <\/span>stores and employees a home before they were forced out of the market. Miller said Blueox chose Stewart\u2019s for its shared values.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cStewarts is known for taking care of their employees with their ESOP program and their career opportunities. We have employees that have been with us over 25 years, which is almost unheard of in convenience retail. We wanted them to land someplace that cared for them as much as we have over the years.\u201d Miller said.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The sale is expected to close in September 2021. Blueox will continue to operate its energy business, delivering fuel oil, kerosene and propane, and it will continue to service and replace energy equipment including furnaces, boilers and hot water heaters.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">There are seven Blueox Neighborhood Markets. They are located in Fort Plain, Bridgewater, Norwich, Hamilton, Oxford, Mt. Upton and Ithaca. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stewart\u2019s Shops, the locally based convenience store giant, is expanding again with the purchase of the of its Blueox Neighborhood Market convenience store chain. Stewart\u2019s will acquire seven stores and rebrand six of them to Stewart\u2019s, under the deal. The Blueox stores have gasoline pumps. \u201cWe look forward to the opportunity to further serve the [&hellip;]<\/p>\n","protected":false},"author":89,"featured_media":36307,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-36306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>Stewart\u2019s Shops Expands With The Purchase Of Blueox Neighborhood Market Stores - Saratoga Business Journal<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2021\/06\/stewarts-shops-expands-with-the-purchase-of-blueox-neighborhood-market-stores\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Stewart\u2019s Shops Expands With The Purchase Of Blueox Neighborhood Market Stores - Saratoga Business Journal\" \/>\r\n<meta property=\"og:description\" content=\"Stewart\u2019s Shops, the locally based convenience store giant, is expanding again with the purchase of the of its Blueox Neighborhood Market convenience store chain. 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