History
The Susser family's gasoline and convenience store business began when Minna Schwartz won the heart of an entrepreneur. In 1938 her husband, Sam Susser, took over operation of two service stations Minna had inherited and began selling fuel to local companies. From our beginning we have consistently looked forward and encouraged vision and a spirit of innovation that thrives today.
Our unique retail-wholesale approach to the fuel and convenience industry has served us well over the years. Our retail business experience makes us a more valuable partner to our wholesale customers, and our wholesale business provides us the scale necessary to bargain as a major player in both the fuel and non-fuel categories. This approach took full flight when, in his first year, Sam sold 360,000 gallons of gasoline.
The business has flourished to become the largest non-refiner fuel distributor in Texas. Sam and Minna's two sons, Jerry and Sam J. joined Susser Petroleum Company in the 1960's. Together they invented the first system that allowed customers to purchase gasoline with a credit card from unattended stations.
Sam J.'s son, Sam L. Susser, joined the business in 1988. The company then
became Southguard Corporation to acquire 26 7-Eleven stores. Southguard
was merged into Susser Holdings LLC in 1998. The company's retail convenience
store operations are conducted through its subsidiary, Stripes LLC.
From 1988 to 2002, Susser successfully completed nine major acquisitions,
including A. N. Rusche Distributing Company. Rusche was a well-respected
Houston-based jobber, and significantly strengthened the Company's wholesale
platform. Susser consolidated its wholesale operations in Houston through
its subsidiary, Susser Petroleum Company LLC. Other significant acquisitions include
Circle Ks, Tex Marts and Coastal/Maverick Markets.
Susser Holdings Corporation also provides a broad range of environmental
consulting, maintenance and construction management services to the
petroleum and convenience store industry through another subsidiary,
Applied Petroleum Technologies, Ltd.
The company prides itself on the quality and ethics of its people and its commitment
to its mission and goals. Susser Holdings Corporation plans to continue its expansion
by building stores and executing its acquisition strategy.
