Omnichannel
Circle K parent acquires GetGo Café +Markets
August 23, 2024
Alimentation Couche-Tard, the parent company of Circle K, has acquired 270 GetGo Café +Market stores from supermarket retailer Giant Eagle.
The news comes as the convenience store chain, based in Canada, has been making overtures to acquire Seven & i Holdings, the Japan-based parent company of 7-Eleven.
GetGo, a food-first convenience store experience, employs approximately 3,500 employees and operates approximately 270 convenience retail and fueling locations across Pennsylvania, Ohio, West Virginia, Maryland and Indiana. As part of this transaction, Couche-Tard and Giant Eagle have agreed to maintain and partner together on Giant Eagle's myPerks loyalty program, according to a press release.
"We are excited to welcome GetGo into the Couche-Tard family. As we learn more about the GetGo business, it is clear that it has built a strong and passionate customer base with high quality stores staffed by talented and engaged teams working to deliver a great experience. We have deep respect for its management and people as well as its outstanding food and loyalty programs. We look forward to growing together as we learn from and continue GetGo's innovative approaches to serving its local customers and communities," Brian Hannasch, president and CEO of Couche-Tard, said in the release.
"We are energized by the potential for both Giant Eagle and GetGo as a result of this transaction," Bill Artman, CEO of Giant Eagle, said in the release.
The acquisition is expected to close in calendar year 2025 subject to standard regulatory approval and closing conditions. Couche-Tard operates in 31 countries and territories, with more than 16,700 stores under the Couche-Tard and Circle K banners.
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