Convenience store chain Cumberland Farms is selling its 16 New Jersey stores, including ones in Egg Harbor, Stafford and Little Egg Harbor townships, as well as in Atlantic City, to another operator, a spokesman said.
The Framingham, Mass.-based, company is selling a total of 27 stores in New Jersey, Pennsylvania and Delaware to Petroleum Marketing Group, a gasoline and convenience store chain with more than 800 locations from Virginia to North Jersey.
The price and the expected date of sale were not disclosed. Both companies are privately owned.
The Virginia-headquartered Petroleum Marketing Group, or PMG, plans to continue operating the locations as convenience stores, and employees will have the opportunity to apply for jobs with and possibly continue working for PMG, Cumberland Farms said in a statement Tuesday.
Cumberland Farms filed a notice with the New Jersey Department of Labor & Workforce Development that 176 workers are potentially affected by the sale.
A representative of PMG referred calls to Cumberland Farms on Tuesday. PMG operates six sites in New Jersey, all north of Trenton.
In a statement, Cumberland Farms said its strategic plan is to continue operating in the New York, New England and Florida markets.
Cumberland Farms traces its roots to a one-cow dairy farm in Rhode Island in 1939 that later grew into a convenience-store chain that sells more than 20 million cups of coffee annually, the company’s website said.
It has about 600 stores in 11 states, employing more than 6,000 people.
Locations in the region include: Atlantic City and Egg Harbor Township in Atlantic County; and West Tuckerton, Mystic Island and Manahawkin in southern Ocean County, spokesman Derek Beckwith said.
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