Alon Brands, Inc. · Dallas, TX United States ·(NYSE: ABO)
Company Description
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This link will open in a new window Alon Brands is gaining some independence, but it won't be going it alone in its new venture. Trading on the 7-Eleven and FINA brands, Alon Brands operates convenience stores and, through its wholesale marketing segment, provides motor fuels, supplies, and services to distributors in the southern US. The company is the largest 7-Eleven licensee in the US, with more than 300 convenience stores located in Texas and New Mexico. Alon Brands is also the sole licensee of the FINA brand for motor fuels in the South Central and Southwestern US. Alon USA Energy formed Alon Brands in 2008 as a holding company for its retail and wholesale marketing segments, with the intention of spinning the company off in an IPO. To read the full description, subscribe now.
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Key Alon Brands, Inc. Financials
| Company Type | - NYSE: ABO |
| 2007 Sales (mil.) | $1,274.5 |
| 2007 Employees | 2,014 |
Alon Brands, Inc. Executives
13 executives listed for Alon Brands, Inc.'s Dallas, TX location.
| Title | Name & Bio | Contact |
| Chairman | David Wiessman | Network |
| President, CEO, and Director | Kyle McKeen | Network |
| CFO | David Potter | Network |
Competition
Competitive Landscape for Alon Brands, Inc.
Demographics and small business growth drive demand, and spending in warehouse clubs generally resists economic cycles. The profitability of individual companies depends on high volume sales, low-cost purchasing, and efficient distribution. Large chains dominate the market due to advantages in purchasing, distribution, and finance. Average annual revenue per employee is about $304,000. Warehouse clubs have grown rapidly. Industry sales increased at an annual average rate of 35 percent between 1998 and 2008, compared to 16 percent for all general merchandise stores. The number of warehouse club stores more than doubled between 1998 and 2008, with expansion coming at the expense of grocery stores and department stores. Warehouse clubs differ from superstores by requiring a membership to shop. Superstores typically offer a wide range of products, while warehouse clubs offer a limited selection. Both types of retailers sell products across many categories including food, and both compete with grocery stores, mass merchandisers, department stores, drugstores, specialty retailers, and wholesalers. Some retailers, such as Wal-Mart, operate warehouse and superstores as well as traditional discount stores. To read the full description, subscribe now.Top Alon Brands, Inc. Competitors
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