BP looks for bids on Atlanta outlets

摘要

BP will take bids on 48 Atlanta-area am/pm c-stores as part of its exit from direct retail marketing.rnThe company, which has retained Chicago-based NRC Realty Advisors to coordinate the sale, is looking for offers by March 11.rnMarketers and others interested are required to attend a complimentary seminar in Atlanta on the sales process.rnThe BP brand has fetched a fairly stable return in Atlanta, although that market overall ranks 235th out of 362 metropolitan statistical areas (MSAs) tracked in the U.S. census.rnIn 2006, BP's rack-to-retail gross margin was 1 l.lcts/gal, compared to an average for all branded and unbranded stations of 11.9cts/gal.