Cumberland Farms

Cumberland Farms Inc.
Private
Industry Retail
Founded 1939
Cumberland, Rhode Island
Headquarters Westborough, Massachusetts
Number of locations
 726
Key people
 Haseotes family, Owner
Ari Haseotes, Chief Executive Officer
Products Convenience stores
Revenue US$16 billion (2014)
Number of employees
 7,200 (Cumberland Gulf Group)
Website www.CumberlandFarms.com

Cumberland Farms, colloquially known as "Cumby's," is a regional chain of convenience stores based in Westborough, Massachusetts, operating primarily in New York, New England and Florida. Cumberland Farms operates roughly 600 retail stores, gas stations, and a support system including petroleum and grocery distribution operations in 11 states, including Connecticut, Florida, Massachusetts, Maine, New Hampshire, New York, Rhode Island, and Vermont. Its original colors were navy blue and orange, but in 2009, they rebranded with a new logo and colors (navy blue and green).[1] The new logo change marked the beginning of the transformation of Cumberland Farms stores from older, legacy stores to new AIM stores that now include numerous new fresh food items such as pizza, chicken sandwiches, subs, and a roller grill. The company is owned by the Haseotes family, with Ari Haseotes serving as the CEO, President, and Director, and Stephen Winslow as the chief financial officer and senior vice president of Cumberland Farms Inc.[2] It is one of the largest retail chains to be completely privately owned.[3] Cumberland Farms offers a large assortment of food service items, candy, snacks, and chilled drinks, which it calls "The Chill Zone", along with Cumberland Farms branded chips, pastries, candy, and coffee, etc.

History

Interior of a Cumberland Farms store in Beekman, New York

In 1938, Vasilios and Aphrodite Haseotes purchased a single-cow farm in Cumberland, Rhode Island,[4] which eventually grew into the largest dairy farm in Southern New England. Cumberland Farms opened a dairy store in Bellingham, Massachusetts in 1958[5] and the first convenience store in the northeastern United States in 1962.[6]

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

Cumberland Farms had been a two-thirds limited partner in the Gulf Oil company since 1993, while it has owned the rights to sell gasoline under the Gulf name throughout the United States since 1986. In 2016, Cumberland Farms sold its portion of Gulf Oil.[7]

In the past, Cumberland Farms television ads have featured actor David Hasselhoff.

References

  1. ↑ Van der Pool, Lisa (August 7, 2009). "New Cumberland Farms President Looks to Take on Dunkin' and Starbucks". Retrieved October 28, 2016. The new stores, which started rolling out in February...
  2. ↑ "Cumberland Farms, Inc.: CEO and Executives". Bloomberg L.P. Retrieved October 18, 2017.
  3. ↑ "Archived copy". Archived from the original on 2012-07-28. Retrieved 2009-12-29.
  4. ↑ "Ari Haseotes, Chief Executive Officer". Cumberland Farms. Retrieved March 17, 2018.
  5. ↑ http://www.fundinguniverse.com/company-histories/Cumberland-Farms-Inc-Company-History.html
  6. ↑ http://www.cumberlandfarms.com/CompanyInfo/CompanyFacts.aspx
  7. ↑ 1/13/2010. Gulf Oil L.P. acquires brand rights for the entire US Boston.com. Accessed August 2011.
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