PTRY on NASDAQ
The Pantry
Convenience store chain
The Pantry, Inc. (Nasdaq: PTRY) was a publicly traded convenience store chain based in Cary, North Carolina that operated Kangaroo Express stores. The Pantry was founded in 1967 by Sam Wornom and Truby Proctor, Jr. in Sanford, North Carolina The company has been publicly traded since June 1999 and owned by investors since 1987, when then investor Montrose Capital purchased controlling shares from Wornom and Proctor.2 It ceased to exist in 2015.1 Wikipedia text CC BY-SA 4.0
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Last updated Oct 21, 2026.
Overview
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The Pantry, Inc. (Nasdaq: PTRY) was a publicly traded convenience store chain based in Cary, North Carolina that operated Kangaroo Express stores. The Pantry was founded in 1967 by Sam Wornom and Truby Proctor, Jr. in Sanford, North Carolina The company has been publicly traded since June 1999 and owned by investors since 1987, when then investor Montrose Capital purchased controlling shares from Wornom and Proctor. Recent CEOs have included the former chairman of the board and interim CEO Edwin J. Holman, who took over after Terrance M. Marks, the former president and CEO, resigned in December 2011. (Marks had replaced the longtime former CEO Peter Sodini who had held office since 1996 until retiring in September 2009.) Dennis Hatchell was the CEO of the company as of 2012.2
Products and brands
The Pantry offered its own private label "Kangaroo" brand of gasoline, and operated 250 in-store quick-service restaurants. Additionally, 285 stores sold Marathon gasoline under a co-branding agreement.
The Kangaroo Express chain offered "Bean Street Coffee Company", its own brand of coffee, and its own private label for selected merchandise, and Roo's Water its own label for bottled water. Company promotions included "Freeze the Swamp" in Florida, "The Battle for Bean Street" in North Carolina's Triangle Area stores, Salute Our Troops, and Roo Cup.
In 2010, its "Fresh Initiative" was announced to improve the Bean Street Coffee Service, revamp nearly all Kangaroo Express stores, and add more appealing meals and snacks. The program was planned to encompass all stores by end of 2012.
More than half of Kangaroo Express stores were located within 25 miles of a military installation. The company has raised millions of dollars each year for military support organizations as part of its summer-long Salute Our Troops fundraising campaign.
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In 2014, the first military-themed Kangaroo Express store opened in Fayetteville, North Carolina. Kangaroo Express hosted a round table at the USO of North Carolina Fort Bragg Center to collect input from servicemen and women, their spouses and children, and the store design was developed as a direct result of their feedback.
From Wikipedia’s article on The Pantry, shared under CC BY-SA 4.0.3
Acquisitions
1997 – "Lil’ Champ", of Jacksonville, Florida, from Docks de France
1998 – "Quick Stop", of Fayetteville, North Carolina
1998 – "Zip Mart", primarily of North Carolina
1999 – "Etna", of Winston-Salem, North Carolina, from Taylor Oil
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1999 – "Handy Way Stores", of Crescent City, Florida, from Miller
2000 – "Kangaroo", from Kangaroo Inc.
2000 – "On-the-Way Foods", from McKnight Oil
2003 – "Golden Gallon", of Chattanooga, Tennessee, from Ahold USA
2005 – "Cowboys" of Rome, Georgia from D & D Oil Co.
2007 – "Petro Express", of Charlotte, North Carolina
2011 – "Presto", of Olathe, Kansas
From Wikipedia’s article on The Pantry, shared under CC BY-SA 4.0.3
Timeline
Links
- WikipediaThe Pantry
- WikidataQ7756009
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataThe Pantry on Wikidata
- 2WikipediaThe Pantry on Wikipedia
- 3
- 4Wikimedia CommonsThe Pantry photo by Davidellias, CC BY-SA 4.0