Alimentation Couche-Tard announced on Friday that it planned to buy Żabka, Poland’s largest convenience retailer, for about $8.6 billion. If the deal goes through, Żabka’s 13,000 stores in Poland and Romania would significantly bolster Couche-Tard’s presence in the region.
But what’s inside the stores may be just as important for the Canadian retailer. Key parts of the Polish retailer could support Core + More, the forward-looking strategy Couche-Tard rolled out earlier this year.
“This is a unique opportunity to invest in a business we deeply admire, one that is already operating at the leading edge of convenience in areas such as food, digital engagement, supply chain and innovation,” said Alex Miller, president and CEO of Couche-Tard, in a presentation on Friday.
He added, “many of the capabilities we believe will define the future of convenience already exist at scale within Żabka.”
Full story How Couche-Tard’s Żabka deal could impact its broader business | C-Store Dive
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