Blueox Corporation announces the sale of their Blueox Neighborhood Market convenience store chain to Stewart’s Shops in Saratoga Springs.
At its peak Blueox Corporation built a chain of 11 local convenience stores that serviced and provided support to communities for over 35 years. As the convenience store landscape has evolved, the mid-size convenience store operator can no longer remain competitive.
Blueox Corporation president Jared Bartle said, “The decision to sell did not come easily. Our stores, and especially the people in our stores, are deeply embedded into our corporate culture and it’s for that reason we sought a buyer whose priorities most closely aligned with ours.
We believe most of our employees will not only continue employment with Stewart’s Shops but they will also be provided additional growth opportunities and ownership,’’
The sale of the Neighborhood Market convenience store chain is expected to close in September.
Blueox will continue to operate their growing energy business, delivering fuel oil, kerosene and propane and will continue to service and replace energy equipment including furnaces, boilers, and hot water heaters.