Couche-Tard selling 36 Circle K stores

Alimentation Couche-Tard is looking to sell 36 Circle K sites scattered across 14 states of the US, a company spokesperson confirmed to C-Store Dive this week.

The spokesperson said these locations no longer fit with Couche-Tard’s brand and market strategy. The Canadian convenience retailer directly owns and operates 20 of the sites and leases the other 16, according to advisory firm NRC Realty & Capital Advisors, which is coordinating the sale.

Couche-Tard, which operates about 7,300 locations across the U.S., continues to refine its c-store network in the states as it integrates the 270 GetGo Café + Markets it bought earlier this year.

Full story Couche-Tard selling 36 Circle K stores in the US | C-Store Dive