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WILCOHESS, LLC · Winston-Salem, NC United States

Company Description

5446 University Pkwy.
Winston-Salem, NC
27105
United States (Map)
Phone: 336-767-6280
Fax: 336-767-6283
Toll Free: 800-642-0945
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    WILCOHESS owns and operates about 340 convenience stores and travel plazas and more than 50 restaurants mostly in North Carolina and Virginia, but also in Alabama, Georgia, Pennsylvania, South Carolina, and Tennessee. Many locations house quick serve restaurants (Arby's, Dairy Queen, Wendy's). The joint venture company was formed in 2001 by partners A.T. Williams Oil Company and Hess Corporation (formerly Amerada Hess), a leading independent oil company along the East Coast. WILCOHESS has grown through acquisitions; the 2004 purchase of 50 locations in North Carolina from former Service Distributors followed in 2005 by the acquisition of 100 Trade Mart convenience stores in eastern North Carolina from Trade Oil CoTo read the full description, subscribe now.
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    Key WILCOHESS, LLC Financials

    Company TypeJoint Venture

    Headquarters
    Fiscal Year-EndDecember
    Annual Sales (mil.)$3,014.6
    Employees6,000

    WILCOHESS, LLC Executives

    3 executives listed for WILCOHESS, LLC's Winston-Salem, NC location.
    TitleName & BioContact
    PresidentSteve WilliamsNetwork
    CFORon PadgettNetwork
    Director MISEd FreelsNetwork

    Competition

    Competitive Landscape for WILCOHESS, LLC
    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 WILCOHESS, LLC Competitors
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