Love's Travel Stops & Country Stores Net Worth is22.04 $Billion
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Company Name: Love's Travel Stops & Country Stores
Company Logo: Image:Love's logo.png
Company Type: Private company
Foundation: 1964
Location City: Oklahoma City, Oklahoma
Locations: 280+
Founder: Tom Love
Key People: Tom Love, CEO ,
Location Country: United States
Industry: Energy, Convenience store
Services: Fuel, Convenience store
Revenue: $24.40 billion (2011) name
Num Employees: 8,000 (2011)
Homepage: [http://www.loves.com www.loves.com]
Love's Travel Stops & Country Stores (commonly referred to as 'Love's') is a chain of more than 200 truck stop and convenience stores located in more than 30 states.
In 1964 Tom and Judy Love spent $5,000 to lease an abandoned service station in Watonga, Oklahoma, an hour northwest of Oklahoma City. They named their company Musket Corporation. Over the next 8 years Musket opened 40 additional gas stations. All of them operated under the Kerr-McGee gasoline brand.
When the fuel crunch of the early 1970s began and gasoline was in short supply in the United States, Tom Love diversified for the sake of the company's success. He launched a new concept in Watonga: the "Mini Stop Country Store." By adding a grocery line to their self-service fuel sales, Musket became one of the nation's first[citation needed] to offer one-stop shopping for travelers. The Mini Stop was successful and the company quickly opened more stores in western Oklahoma.
In 1972, Musket set out to convert all of its locations from gas stations to convenience stores with self-serve gasoline. By 1973, the company began using the family name to identify its locations. Love's Country Stores was the new name.
By 1978, Love's Country Stores had 60 locations in small communities throughout Oklahoma, Kansas, Colorado, New Mexico and Texas. That year, the company began offering the Fresh Daily Deli a?? sandwiches made fresh daily on-location. The Fresh Daily Deli is today branded as Love's Subs. Food Service became the company's third profit center in each location, along with self-serve gasoline and convenience store items.
By the end of 1981, the company reached a milestone with 100 Love's Country Stores locations in operation. The in-store decor was changed from the previous dark country look to a brighter theme. The same year, it opened the first Love's Travel Stop on Interstate 40 in Amarillo, Texas. The travel stop opened a new target audience to Love's business; the addition of self-serve

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Love's Travel Stops & Country Stores Latest News

Love's Travel Stops Acquires Speedco From Bridgestone Americas

OKLAHOMA CITY--(BUSINESS WIRE)--Love’s Travel Stops & Country Stores (Love’s) and Bridgestone Americas, Inc. have reached an agreement for Love’s to purchase Speedco, a national network of service locations that provides quick lube and inspection ...
Posted: September 15, 2017, 12:03 pm

Love’s Travel Stops Fuels Customers with Free Coffee for Black Friday

Customers hitting the road for shopping on Black Friday can refuel with free coffee, cappuccino or hot tea at Love’s Travel Stops & Country Stores (Love’s). Love’s is a national travel stop company offering fuel, travel and gift items, snacks and ...
Posted: November 21, 2017, 7:01 am

Love's Travel Stops opens at I-71 exit near Bellville

BELLVILLE - Love’s Travel Stops opened its new store on Thursday morning at Interstate 71's exit 165 and plenty of customers stopped in, including some big rigs. The new business, 976 Ohio 97, adds approximately 60 jobs to Richland County, according to ...
Posted: December 14, 2017, 12:44 pm
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