Dive Brief:
- Global Partners will open its first Honey Farms convenience store in New York later this year, replacing an XtraMart, a company spokesperson confirmed.
- The location in Malta, about 28 miles north of Albany, is scheduled to open in August. The company plans to expand the brand further in New York but has no set timeline for that rollout, the spokesperson said.
- Last week, the retailer’s Alltown Fresh banner — which is known for its fresh food offering — also opened its first new store in nearly three years, the spokesperson confirmed.
Dive Insight:
The Malta Honey Farms is being built in the backyard of one of its main competitors in New York. It’s less than four miles from Ballston Spa, hometown of Stewart’s Shops, and a Stewart’s location operates at the same intersection as the incoming Honey Farms.
The latest Alltown Fresh, meanwhile, opened on March 20 in Framingham, Massachusetts. Alltown Fresh stores feature a made-to-order kitchen that offers sandwiches, burritos, bowls and salads, as well as a broad array of hot and cold dispensed beverages like bean-to-cup coffee, honey-infused teas and fruit juices. The Alltown Fresh banner debuted in 2019 and now has 17 sites in its footprint.
Global Partners expects to spend between $75 million and $85 million this year on building and updating existing facilities, including c-stores and gas stations, according to its annual report. This is a step up from $37.5 million it spent in 2025 and $56.4 million in 2024. The total does not include any spending Global Partners may allot for M&A, which the company said last year it intended to pursue.
Global Partners, which operates 290 c-stores on the East Coast along with another 67 in Texas through a joint venture, acquired Honey Farms Market in 2017. At the time, the chain consisted of 33 stores, a third of which had fuel, and all locations were in and around Worcester, Massachusetts. Some of those stores were subsequently sold off, and fewer than a dozen Honey Farms and Honey Farms Market locations are currently listed in Massachusetts on Global Partners’ website.
However, the banner got a big boost in 2023 and 2024, when Global Partners acquired 64 Timewise stores in Texas and subsequently rebranded them to Honey Farms.
