Cumberland Farms began in 1938 by Vasilios and Aphrodite Haseotes, immigrants from A holiday in greece. The organization has already established its good and the bad through the years — the reduced point arriving 1992 when business financial obligations suffered by a relative forced the organization into personal bankruptcy.
White-colored River Junction — The remains from the Cumberland Farms convenience store on Route 5 in White-colored River Junction were stacked inside a heap a week ago as work teams trucked away debris to help make the site ready for construction of the new Cumberland Farms “concept store” focused on opening in October.
In 2015 Forbes magazine rated the Haseotes family as No. 73 among the list of the wealthiest U.S. families, having a internet worth pegged at $3.9 billion.
Recently the organization has spent 100s of huge amount of money to rebuild nearly 300 stores to provide a greater choice of food products inside a bid to compete against Dunkin’ Inflatible donuts, Starbucks yet others within the coffee-and-snacks market.
An agent for Cumberland Farms stated the organization wouldn#8217;t discuss if the White-colored River Junction store is constantly sell gasoline underneath the Gulf brand if this reopens later this season.
Company authorities have stated the aim would be to provide more ready-to-go foods, sandwiches and healthier options prepared at its Westborough, Mass., facility additionally towards the regular provisions of salty snacks, sugar products, sodas, energy drinks and beer. There also is a patio with three tables for seating around the north side from the building, the plans show.