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Love’s founder shares his wisdom during Junior Achievement event

Love’s founder shares his wisdom during Junior Achievement event

Love’s Travel Stops & Country Stores Inc. to add hotels to its business platform.

By Paula Burkes 
Modified: April 6, 2014 at 4:00 pm  
Published: April 6, 2014

In its 50th year, Oklahoma City-based Love’s Travel Stops & Country Stores Inc. this month plans to add hotels to what the company founder calls its “highway hospitality business” platform of fuel, fast food and convenience stores.

Tom Love announced the new initiative at a Junior Achievement event Thursday at Oklahoma City University’s Meinders School of Business.

Love’s, which Tom Love and his wife Judy founded as Musket Corp. in 1964 when they leased a filling station in Watonga, ranks No. 9 on Forbes’ list of America’s largest private companies. Love’s, which has grown to 300 retail outlets across 40 states, employs about 11,000 employees and reports gross annual revenues of more than $26 billion.

“We’ve gotten pretty good at operating and managing our platform of five to six moving parts: a convenience store, trucker store, gas and diesel fuel, and one or more branded restaurants in all our stores,” Love said. According to the company website, the latter includes Arby’s, Carl’s Jr., Chester’s Fried Chicken, Godfather’s Pizza, Hardee’s and McDonald’s… FULL ARTICLE

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