Mexican Convenience Store Giant, OXXO, Is Coming To TX and NM
First El Paso, Texas got rid of 7-Eleven corner stores and turned them into DKs and now they’re getting rid of those too! *Gasps in Spanish*
According to media reports, the popular Mexican convenience store brand OXXO is about to make a splash in the United States and is set to take over DK locations across Texas and New Mexico.
Bringing a unique touch to the American Southwest:
FEMSA, the company behind OXXO, has signed a massive $385 million deal with Delek U.S. Holdings to acquire 249 convenience stores in Texas and New Mexico.
OXXO, known for its convenient locations and wide variety of products, is a household name in Mexico and other countries like Chile, Colombia, Peru, and Brazil.
Delek's stores, which often include gas stations under the DK and Alon brands, will soon get a makeover
FEMSA is banking on its 45 years of retail experience and the familiarity that many Texas residents have with the OXXO brand to make this transition seamless.
The deal awaits regulatory approval expected in the second half of 2024 so soon enough we will begin to see local DK stores changing their colors for a bright red and yellow!
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Gallery Credit: Meg Dowdy