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Convenience-store chain Yesway has sold 29 of its stores located in Iowa and Kansas to Texas-based Now & Forever for approximately $21 million, including inventory. Following this divestiture, Yesway will continue to operate around 420 stores across eight Midwestern and Southwestern states.
Yesway has completed the sale of its 29-store portfolio in Iowa and Kansas for approximately $21 million, including inventory value. The company plans to redeploy this capital into higher-return growth initiatives in its core markets and to strengthen its balance sheet.