Is Circle K publicly traded?
Its North American network, mostly branded Circle K, consists of 15 business units, including 11 in the United States covering 41 states and the District of Columbia. Four business units in Canada cover all provinces (under the Mac’s and Couche-Tard flags). The publicly traded company also has a franchise division that oversees international units.
Who is the parent company of Circle K?
The company began franchising in 1999. Now owned by parent company Alimentation Couche-Tard, Circle K franchises can be found in more than 20 states, as well as more than 10 other countries. This company is seeking new franchisees worldwide.
What gas does Circle K sell?
To meet the demand of Estonian consumers, fuel company Circle K will begin selling ethanol-free fuels in all of its gas stations by March. Circle K currently meets their renewable energy obligation with the share of paraffinic diesel (HVO) in its diesel fuels and the charging stations in Circle K service stations for electric vehicles.
How many employees does Circle K have?
How many employees does Circle K have? Circle K has 88 employees. Who are Circle K competitors? Competitors of Circle K include Farmafy, Nordic Pharma and AndaNet. Where is Circle K headquarters? Circle K headquarters is located at Antonio Dovali Jaime 70 Torre A, Santa Fe, Zedec Sta Fé, Álvaro Obregón, Ciudad de México. Where are Circle K offices? Circle K has an office in Ciudad de México.
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Is Circle K gas the same as Shell?
Fuel is sold under various brands, with the Circle K and Shell brands as the most common. Other brands of fuel sold at Circle K stores include Valero, BP, Exxon, Marathon, Irving, Mobil, Esso and Phillips 66.
Is Circle K Russian owned?
Circle K Stores are owned by Alimentation Couche-Tard, the largest convenience store operator in Canada.
Is 7 Eleven and Circle K the same company?
7-Eleven's brand is ranked #93 in the list of Global Top 100 Brands, as rated by customers of 7-Eleven. Their current valuation is $36.34B. Circle K's brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of Circle K....7-Eleven vs Circle K.46%Promoters35%Detractors1 more row
Is Circle K private or public?
publicCircle K completes an initial public offering of 6.5 million shares of common stock. The company stock is traded under the symbol CRK on the New York Stock Exchange.
Is Circle K gas from Russia?
The company operates in Russia under its primary brand, Circle K, employing more than 320 people. It has 38 stores located in St. Petersburg, Murmansk and Pskov.
Where does Circle K get its fuel?
Our fuel service is where best-in-class meets easy. We only use high-grade fuel from responsible refineries and terminals that add cleaning detergents. That means you'll notice fewer emissions and better maintenance so your engine can work its best.
How much does it cost to buy a Circle K Franchise?
The franchise fee for Circle K is $25,000. The total investment to open and operate a Circle K franchise ranges from $171,000 to $1.9 million. A royalty fee of 4.5% of gross sales is paid to the company (franchisees who forgo funding from the company will pay a royalty fee of 3.7% of gross sales.
What does Circle K stand for?
The letter K comes from Kay Misenheimer, which founded Kays in Texas 1951. When the company grew over the years, the name and logo evaolved to what we now know as Circle K.
Did Circle K buy Speedway?
Despite initially abandoning the acquisition, on August 2, 2020, Marathon announced that Seven & i Holdings would be acquiring Speedway for $21 billion.
What state has the most Circle K?
The state with the most number of Circle K locations in the US is Florida, with 855 locations, which is 14% of all Circle K locations in America.
What is Circle K's net worth?
The estimated net worth of CIRCLE K STORES INC is at least $167 Million dollars as of 08/02/2022.
Who is the CEO of Circle K?
CEO Brian HannaschThe Circle K Executive Team is rated a "D" and led by CEO Brian Hannasch. Circle K employees rate their Executive Team in the Bottom 20% of similar size companies on Comparably with 10,000+ Employees.
What gas stations does Russia own?
Russia's oil and gas companiesGazprom (Russia's state-run natural gas monopoly; world's biggest gas exploration and production company)Lukoil.Rosneft (State-owned Russian oil and gas exploration company)Surgutneftegas.Tatneft.Northgas.Transneft (Russia's pipeline monopoly)More items...
What US companies are not boycotting Russia?
It was compiled using several resources, including the findings of Jeffrey Sonnenfeld, founder of the Yale Chief Executive Leadership Institute at Yale University, who has been tracking the companies in real-time....Mondelez. ... Salvatore Ferragamo. ... Mars Inc. ... Kimberly-Clark. ... Coty. ... Hilton. ... Hyatt. ... Intercontinental Hotels Group.More items...•
What does the K in Circle K stand for?
The letter K comes from Kay Misenheimer, which founded Kays in Texas 1951. When the company grew over the years, the name and logo evaolved to what we now know as Circle K.
Where is Circle K's headquarters?
Tempe, AZCircle K / Headquarters
Who owns Circle K?
Circle K is acquired by Tosco Corporation, an independent petroleum refiner and marketer. The company keeps its headquarters in Phoenix, Arizona.
When did Circle K start?
Circle K’s success in the convenience retailing industry spans more than 60 years. Our roots trace back to 1951 when Fred Hervey purchased three Kay’s Food Stores in El Paso, Texas. Little did anyone know that these stores would serve as the beginning of Circle K.
What is Circle K?
Circle K has become one of the most widely recognized convenience store brands, known worldwide for quality products and great customer service. We have come a long way since our humble beginnings, and we’re proud of where we’ve been and where we’re going. Please visit our timelineto learn more about the Circle K story.
What is the circle K tagline?
The tagline “Circle K – A Better Way” is introduced.
Where did Fred Hervey buy Kay's?
Fred Hervey purchases three Kay’s Food Stores in El Paso, Texas - stores which served as the beginning of Circle K
Who was the first Circle K president?
First Circle K President and convenience store icon John A. Gillett, Jr., passes away at the age of 87.
Is Circle K bankruptcy?
After years of rapid expansion and learning the hard lessons of 1980s corporate economics, Circle K files for Chapter 11 bankruptcy protection.
Who owns Circle K?
Circle K Stores are owned by Alimentation Couche-Tard, the largest convenience store operator in Canada. Circle K’s success in the convenience retailing industry spans more than 60 years. Back in 1951 when Fred Hervey purchased three Kay’s Food Stores in El Paso, Texas, little did anyone know these stores would serve as the beginning of Circle K, ...
When did Circle K start?
In 1979, Circle K entered the international market when the first Circle K stores were established in Japan. The company’s growth continued and, by 1984, sales had reached $1 billion. A new milestone was attained in 1999 when Alimentation Couche-Tard acquired Mac’s Convenience Stores and became the largest national convenience store network in ...
What is Circle K?
Circle K has become one of the most widely recognized convenience store brands in the world, known for quality products and great customer service . We’ve come a long way since our humble beginnings, and we’re proud of where we’ve been and where we’re going.
When did Couche Tard acquire Circle K?
Couche-Tard launched into the US market with the acquisition of Circle K stores in 2003 and has since developed into a global brand represented in over 20 countries. Circle K has become one of the most widely recognized convenience store brands in the world, known for quality products and great customer service.
Who started Circle K?
During the 1930s, Hervey and his brother started a profitable root beer stand. Hervey then went on to other business enterprises and even served two terms as mayor of El Paso before he founded Circle K. By 1957 Hervey had a 10-store chain in the El Paso area, and he decided to expand his operation to Arizona.
How many Circle K stores are there?
Overall, Circle K operates a retail system of more than 4,000 outlets in 34 states. There are also about 900 Circle K stores--operated via joint ventures or licensing agreements--in more than 50 other countries, notably Canada, Taiwan, Korea, Hong Kong, New Zealand, Mexico, and Argentina.
What is Circle K?
The Circle K Company, which became a division of Tosco Corporation in 1996, is the third-largest convenience store chain in the United States and the largest operator of company-owned convenience stores.
How many outlets did Circle K have in 1983?
From 1983 to 1989, Circle K had nearly quadrupled its number of outlets, going from 1,200 in 12 states to 4,500 in 32 states. To finance the expansion, long-term debt increased from $40.5 million to $1.1 billion over the same period. By 1989, Circle K was paying nearly $100 million annually simply to service its debt.
What was Circle K's acquisition of Nucorp Energy?
But the fast growth and creative innovation of the 1980s were not without difficulty and controversy. Circle K's 1980 acquisition of 13.2 percent of Nucorp Energy, Inc., a petroleum corporation, brought with it a lawsuit by a group of shareholders and officers of companies acquired by Nucorp in 1981.
How much did Circle K cut gas prices?
Early in that year, Circle K triggered a gasoline price war in Alabama by cutting prices as much as seven cents a gallon. The state's attorney and a group of retailers claimed that Circle K's action violated the state's Motor Fuel Marketing Act and threatened to file a suit.
What were the problems of Circle K?
Numerous acquisitions meant that uniformity of procedures and training simply did not exist. It also led to rapid turnover and a lack of company loyalty on the part of employees who often felt an allegiance to their original employer. Circle K instituted a number of communication and training improvements. Newsletters and a toll-free telephone number were designed to allay fears among employees whose stores were in the process of being acquired by Circle K. The No. 1 Club rewarded sales effort with cash and recognition; the Management Development Candidate program and the Professional Retail Operator program provided comprehensive training for managers.
Who bought Circle K?
The company’s growth continued and by 1984, sales had reached $1 billion. In 2003, Circle K was acquired by Alimentation Couche-Tard, which developed the chain into a global brand represented in over 20 countries.
When did Circle K start?
Circle K’s success in the convenience retailing industry spans more than 60 years. Our roots trace back to 1951 when Fred Hervey purchased three Kay’s Food Stores in El Paso, Texas. Little did anyone know that these stores would serve as the beginning of Circle K.
How many Circle K stores are there?
In 1999, the Circle K Franchise program was introduced to support operators looking to build their businesses with a leading convenience store brand. Since it's inception, the U.S. franchise program has expanded to over 650 stores, spanning 3 separate brands: Circle K, On the Run, and Kangaroo Express.
What is Circle K?
Circle K is one of the most widely recognized convenience store brands, known worldwide for quality products and great customer service . We have come a long way since our humble beginnings, and we’re proud of where we’ve been and where we’re going.
What is the circle K tagline?
The tagline “Circle K – A Better Way” is introduced.
Where did Fred Hervey buy Kay's?
Fred Hervey purchases three Kay’s Food Stores in El Paso, Texas - stores which served as the beginning of Circle K
Who was the first Circle K president?
First Circle K President and convenience store icon John A. Gillett, Jr., passes away at the age of 87.
Who bought Circle K?
The following year, Tosco Corporation , a Stamford, Connecticut-based petroleum refiner and marketer, purchased Circle K for $750 million. Tosco merged its marketing arm, Tosco Marketing Company, with The Circle K Corporation to create The Circle K Company, a division of Tosco with more than 4,000 retail locations in 34 states. Brought together were one of the country ’ s largest independent oil companies and one of the largest convenience store chains. Antioco soon resigned his position (quickly landing at Taco Bell as president and CEO), and Robert Lavinia, who had headed up Tosco Marketing, became the new Circle K ’ s president and CEO.
How many Circle K stores are there?
The Circle K Corporation, the second-largest convenience store operator in the world, runs more than 4,500 stores in 26 states and some 1,100 stores, through joint ventures or licensing agreements, in Canada, the United Kingdom, Finland, Australia, the Caribbean, and much of Asia. Circle K stores sell groceries, fast food, and other convenience items and offer many services such as money orders and movie rentals. About three-quarters of its stores also sell gasoline, making Circle K one of the top independent gasoline retailers in the United States. In addition to its stores, Circle K owns a bottling plant and is one of the largest ice manufacturers in the country.
What was the impact of Circle K in the 1980s?
The early 1980s were a period of aggressive growth. Karl Eller, CEO and chairman of the board — with the help of his long-time associate, Carl H. Linder, a director — was given credit for Circle K ’ s ambitious posture during this time. Eller, who previously founded Combined Communications Corporation and served as president of Columbia Pictures, had a reputation as an acute dealmaker and business opportunist. (An anecdote reported by Business Week claims Eller was once able to strike a good deal buying several television stations by reading about their owner ’ s death in the obituaries.) And, indeed, under filler ’ s leadership sales soared and the number of Circle K stores nearly tripled, mostly through acquisitions from other chains. During the early 1980s, due to changing consumer needs and the growth of the industry, competition in the convenience food industry was fierce, and Eller ’ s strategy was to buy up units from rivals hurt by this vigorous competition. In 1983 Circle K nearly doubled its size with its acquisition of 960 UtoteM units. Other acquisitions included 435 Little General stores and 21 Day-N-Nite stores in 1984,449 Shop & Go stores in 1985, and 473 7-Eleven stores and 538 stores from Charter Oil in 1988. Circle K expanded from its base in the Southwest aggressively into the South and Northwest and to a lesser extent into the East and Midwest, as well as internationally.
What happened to Circle K in 1988?
In 1988, however, there were other problems. Early in that year, Circle K triggered a gasoline price war in Alabama by cutting prices as much as seven cents a gallon. The state ’ s attorney and a group of retailers claimed that Circle K ’ s action violated the state ’ s Motor Fuel Marketing Act and threatened to file a suit. The impetus for legal action was stifled when Circle K raised its gas prices once again. A spokesperson for Circle K told National Petroleum News, ” As a convenience store chain, we give our customers the best possible convenience and value in pricing, but we don ’ t sell below cost. ”
What color is Circle K?
A third innovation that year was a redesigning project to establish a unique corporate identity for Circle K. Stores were remodeled in orange, red, and purple, a distinctive color scheme that identifies Circle K today.
When did Circle K go bankrupt?
In early 1990 Circle K brought in Robert Dearth from Chiquita Brands to be president, with Eller soon resigning. Dearth moved to cut costs, but it was too little, too late. Circle K declared bankruptcy in May 1990, in the midst of a year in which the company would post a $773 million loss.
When did Circle K start selling gas?
In 1964 Circle K celebrated the opening of its 100th store. That same year, the board of directors began to think about expanding into non-food activities, and so changed the name of the corporation, eliminating the words “ Food Stores. ” The Circle K Corporation soon began selling gasoline as well as food products — the first convenience store to do so. In 1964 the company also test-marketed manufactured ice under the brand name Crystal Clear Circle K.
