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The Independent UK
The Independent UK
National
Dee-Ann Durbin

Potbelly is being acquired by gas station and convenience chain RaceTrac for $566 million

Potbelly RaceTrac
RaceTrac Potbelly - (Copyright 2020 The Associated Press. All rights reserved.)

Sandwich maker Potbelly is being acquired by the gas station and convenience story chain RaceTrac for $566 million.

Potbelly, which was founded in Chicago in 1977, has 445 restaurants across the U.S. The company said the deal with RaceTrac will help it reach its goal of quadrupling in size to 2,000 locations. Potbelly stores are both company- and franchise-owned.

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