Marketing
Couche-Tard acquiring Big Red Stores
March 15, 2023
Alimentation Couche-Tard Inc., a convenience and fuel retailer, is acquiring 45 fuel and retail sites from Big Red Stores, founded in 1997 by Doug and David Hendrix.
The deal, which is expected to close by mid year, includes the sites across Arkansas which are all company-owned, according to a press release.
"We are very pleased to add Big Red Stores' high-quality locations to our footprint in the state of Arkansas. Doug and David built an exceptional network of stores and people, and we believe our values are congruent with the culture they've spent a quarter-century building. We are honored to be stewards of their legacy," Alex Miller, Couche-Tard COO, said in the release. "As we expand our presence in the area, we look forward to bringing the Circle K experience to new customers and making their lives a little easier every day."
Couche-Tard operates in 24 countries and territories, with more than 14,300 stores, of which approximately 10,900 offer road transportation fuel. Its portfolio includes Couche-Tard and Circle K banners.
