Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

Why would selling off some stores improve a company's value?
I'd like to modify the "loss" idea that's been mentioned in the other two answers.  I don't think a retail location needs to be losing money to be a candidate for sale.  Even if a retail location is not operating at a loss, there may be incentive to sell it off to free up cash for a better-performing line of business. Many large companies have multiple lines of business.  I imagine Sunoco makes money a few ways including: refining the gas and other petroleum products, selling those petroleum products, selling gas wholesale to franchised outlets or other large buyers, licensing their brand to franchised outlets, selling gas and convenience items direct to consumers through its own corporate-owned retail outlets, etc. If a company with multiple lines of business sees a better return on investment in certain businesses, it may make sense to sell off assets in an under-performing business in order to free up the capital tied up by that business, and invest the freed-up capital in another business likely to perform better. So, even "money making" assets are sometimes undesirable relative to other, better performing assets. Another case in which it makes sense to sell an asset that is profitable is when the market is over-valuing it.  Sell it dear, and buy it back cheap later.