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On December 31, 2001, Valero Energy Corporation completed its acquisition of Ultramar Diamond Shamrock. [5] On May 1, 2013, Ultramar was spun off from Valero into CST Brands. Following the 2016 purchase of CST by Alimentation Couche-Tard, the Ultramar brand and most of CST's Canadian assets were acquired by Parkland Fuel. [6] [7] [8]
The name Ultramar, while being eliminated in the United States, continued as Valero's brand name in Canada. Valero introduced its updated "Corner Store" retail concept on December 28, 2007, opening the company's first 5,500-square-foot (510 m 2) prototype in western San Antonio. The Corner Store retail division, originally part of Diamond ...
The company holds the rights to the convenience store brand On the Run in Canada and most of the United States, and franchises White Spot's fast food restaurant chain Triple O's in Alberta, British Columbia, and Ontario. Parkland also operates commercial oil and gas businesses under the Bluewave Energy, Sparlings, and Ultramar brands.
Valero Energy (VLO) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
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Payless ShoeSource Canada — Shoe store; Kmart Canada — Canadian division of US-based parent; Canadian stores sold to Zellers; Knob Hill Farms — grocery store chain in Southern Ontario; Krazy Krazy; Les Ailes de la Mode — department store; Lowe's Canada — Hardware store, now RONA+; Lastman's Bad Boy — Furniture Store