Stewart's Shops Completes Acquisition Of Jolley Stores

Stewart’s Shops has completed its acquisition of the assets of Jolley Associates LLC and S.B. Collins Inc. (SBC), which includes 45 Jolley convenience stores in New York, New Hampshire, and Vermont. 

Also included in the deal is a wholesale dealer and the Clarence Brown heating oil business based in St. Albans, Vt. News of the deal's closure was reported by Store Brands’ sister publication, Convenience Store News.

SBC was founded in the 1920s by Stephen Brooks Collins, and the family-owned petroleum distributor served the St. Albans community for more than a century. In 1963, Emanuel (Pete) Jolley purchased SBC from Stephen Collins in 1963 and continued to grow the business. Thirteen years later, his sons Bob and Bruce expanded the family business by converting company-owned, full-service locations into convenience stores and establishing Jolley Associates to operate the stores under the Short Stop brand name.

In 2001, the company underwent a storewide branding initiative that incorporated the Jolley logo. SBC diversified its portfolio further in 2011 by purchasing Clarence Brown, also based in St. Albans and the oldest family-owned heating oil delivery business in the region.

Saratoga Springs, N.Y.-based Stewart's Shops operates convenience 360 locations in New York and Vermont.