January 21, 2019
BANGOR DAILY NEWS (BANGOR, MAINE

Christy’s purchases 7-Elevens

All 22 of the 7-Eleven stores in Maine will be renamed Christy’s when a Massachusetts company buys the convenience stores this week, the prospective owner said.

Christy Mihos, president of Christy’s Markets, said the stores’ employees will remain the same. But they may find themselves wearing new uniforms inspired by the University of Maine’s colors, he said.

Christy’s Markets, a Boston-area market and convenience store chain, is scheduled to complete its purchase of 23 7-Elevens on Wednesday from RMR Inc., a Scarborough-based franchise company. The purchase will include 22 stores in Maine and one in North Conway, N.H., said Mihos.

“We’re delighted with all aspects of our transaction,” Mihos said in a statement. “We look to continue our planned growth in pro-business states. This is just a great time to expand.”

Compared to Massachusetts, Maine’s economy is extremely stable, Mihos said.

Mihos said the grocery stock may expand in the stores.

“A lot of our stores are located in the inner cities, where there aren’t many supermarkets,” Mihos said.

No staff changes were expected, Mihos said. “The people in this transaction are keenly important,” he said.

Christy’s owns 128 market-style convenience stores throughout New England.

Christy Mihos and his brother, James, assumed management of the business in 1976. Their grandfather started with a small grocery store in Brockton, Mass., in 1934. The purchase of the Maine and New Hampshire stores will bring the total number of stores under their ownership to 151.

Paul Garrett, president of SBR Inc., the West Virginia-based parent company of RMR, would not comment Monday on the not-yet-consummated sale.


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