The sites will be a combination of NTIs and small acquisitions, and the first 100 new builds will be finished in 2026, executives told investors on Feb. 11.
Industry experts have been wondering what Couche-Tard’s next big move would be after the Canadian retailer withdrew its nearly $50 billion buyout offer of Seven & i Holdings, the parent company of 7-Eleven, last summer. For now, it appears the industry will see Couche-Tard — the second largest c-store retailer in the U.S. — ramp up its organic growth in dramatic fashion.
The company currently has a pipeline of about 1,000 stores at different phases of development, Aaron Brooks, Couche-Tard’s senior vice president of real estate and fuel customer, said during the meeting. But Couche-Tard is keeping its five-year goal at 750 to “remain disciplined,” he added.
Read the full story: Couche-Tard to add 750 company-operated c-stores in next 5 years
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