Cumberland Farms

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Template:Short description {{#invoke:Infobox|infobox}}Template:Template otherTemplate:Main other{{#invoke:Check for clobbered parameters|check|nested=1|template=Infobox company|cat=Template:Main other|name; company_name|logo; company_logo|logo_alt; alt|trade_name; trading_name|former_names; former_name|type; company_type|predecessors; predecessor|successors; successor|foundation; founded|founders; founder|defunct; dissolved|hq_location; location|hq_location_city; location_city|hq_location_country; location_country|num_locations; locations|areas_served; area_served|net_income; profit|net_income_year; profit_year|owners; owner |homepage; website }}{{#invoke:Check for unknown parameters|check|unknown=Template:Main other|preview=Page using Template:Infobox company with unknown parameter "_VALUE_" | ignoreblank=y | alt | area_served | areas_served | assets | assets_year | aum | brands | company_logo | company_name | company_type | defunct | dissolved | divisions | embed | equity | equity_year | fate | footnotes | headquarters | former_name | former_names | foundation | founded | founder | founders | genre | homepage | hq_location | hq_location_city | hq_location_country | incorporated | image | image_alt | image_caption | image_size | image_upright | income_year | industry | ISIN | key_people | location | location_city | location_country | locations | logo | logo_alt | logo_caption | logo_class | logo_size | logo_upright | members | members_year | module | name | native_name | native_name_lang | net_income | net_income_year | num_employees | num_employees_year | num_locations | num_locations_year | operating_income | owner | owners | parent | predecessor | predecessors | production | production_year | products | profit | profit_year | rating | ratio | revenue | revenue_year | romanized_name | services | subsid | subsidiaries | successor | successors | traded_as | trade_name | trading_name | type | website| qid | fetchwikidata | suppressfields | noicon | nocat | demo | categories }} Cumberland Farms, colloquially known as Cumby's, is a regional chain of convenience stores based in Westborough, Massachusetts, operating primarily in New England, New York and Florida. Cumberland Farms operates 566 retail stores, gas stations, and a support system including petroleum and grocery distribution operations in eight states: Massachusetts, Rhode Island, Maine, New Hampshire, Connecticut, Vermont, New York and Florida.

History

In 1939, Greek immigrant<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> couple Vasilios and Aphrodite Haseotes purchased a single-cow farm in Cumberland, Rhode Island,<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> which eventually grew into a large dairy farm. Cumberland Farms opened a dairy store in Bellingham, Massachusetts, in 1958<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> and the first convenience store in New England in 1962.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

In the late 1960s, Cumberland Farms had a successful ad campaign that helped expand their franchise, in part due to jingles written by Brad Delp, who later co-founded the rock band Boston with Tom Scholz.Template:Citation needed

On May 2, 1992, Cumberland Farms filed for Chapter 11 bankruptcy.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

Cumberland Farms became a two-thirds limited partner in the Gulf Oil company in 1993, having obtained the right to sell gasoline under the Gulf name throughout the United States in 1986. In 2016, Cumberland Farms sold its entire holding in Gulf Oil.<ref>Template:Cite news</ref>

In September 2010, Cumberland Farms sold 61 locations,<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> then in June 2011 closed an additional 29 stores.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> According to management, these sales and closures were to redeploy capital to their remaining stores and new builds.Template:Citation needed

In July 2018, Cumberland Farms closed several Florida locations to focus their attention on the state's East Coast.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

In the past, Cumberland Farms television ads have featured actor David Hasselhoff. In spring 2019, Cumberland Farms television ads began using retired pro wrestling star, "The Nature Boy", Ric Flair.

In April 2019, Cumberland Farms was reported to have retained Bank of America to explore a possible sale of the entire chain.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

On July 31, 2019, U.K.-based EG Group announced having entered a binding agreement to purchase Cumberland Farms from the founding Haseotes family.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>

Corporate image

The company’s original colors were navy blue and orange, but in 2009, they rebranded with a new logo and colors (navy blue and green).<ref name="rebranding09">Template:Cite news</ref> The new logo change marked the beginning of the transformation of Cumberland Farms stores from older, legacy stores to new AIMTemplate:Huh? stores that now include numerous new fresh food items such as pizza, chicken sandwiches, subs, and a roller grill.

References

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