Yesway Sells Stores in Iowa and Kansas to Focus on Faster-Growing Markets
Yesway (YSWY) has sold its 29-store portfolio located in Iowa and Kansas for $21 million, including the value of existing inventory. The company aims to use this capital to invest in faster-growing markets as part of a strategic shift. By exiting these two states, Yesway is streamlining operations and reallocating resources toward regions with higher growth potential. The sale was completed through Now & Forever, an entity acquiring the stores. This move reflects broader industry trends where retailers are reevaluating their geographic footprint to optimize performance and profitability in a competitive retail landscape.
Tickers: $YSWY
Topics: capital raising real estate retail