CORPUS CHRISTI, Texas, Jan. 17, 2014 /PRNewswire/ -- Stripes® Convenience Stores announced today that it has raised more than $530,000 during the company's first ever in-store college scholarship campaign held in December 2013. The company will award $1,000 scholarships to 533 college-bound students in Texas, New Mexico and Oklahoma during the 2014-2015 academic year.
During the four-week campaign customers purchased $1 Stripes College Scholarship Fund paper cut-outs. The campaign was held at all Stripes locations throughout the Stripes' operating area and far exceeded the company's campaign goal of $400,000.
"We are proud of our stores teams and the energy they put into the first annual Stripes College Scholarship Fund campaign," said Steve DeSutter, Stripes® Convenience Stores president and CEO. "We will make a difference in the lives of our youth by investing in them today through college scholarships. Again, we are overwhelmed by the generosity of our customers for contributing over half a million dollars to further the education of so many students."
The scholarship awards will be selected and managed by the participating community colleges and universities enrolled in the scholarship program. Stripes® Convenience Stores is underwriting all program administrative costs.
About Stripes Convenience Stores
Headquartered in Corpus Christi, Texas, Susser Holdings Corporation (NYSE: SUSS) is a third-generation family led business with over 1,150 company-operated or contracted locations. Susser Holdings is the parent company of Stripes® Convenience Stores and owns the general partner of Susser Petroleum Partners, LP. (NYSE: SUSP). Susser Holdings ranked No. 460 on the FORTUNE 500® for 2013. The Company operates over 575 convenience stores across Texas, New Mexico and Oklahoma under the Stripes® Convenience Stores banner. Restaurant services are available in more than 370 of its stores, primarily under the proprietary Laredo Taco Company® brand. The wholesale division distributes over 1.5 billion gallons of motor fuel annually to Stripes® stores, independently operated consignment locations, convenience stores and retail fuel outlets operated by independent operators and other commercial customers in Texas, New Mexico, Oklahoma, and Louisiana. For more information about Stripes® Convenience Stores visit www.stripesstores.com.
SOURCE Stripes Convenience Stores