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Article: Circle K Reinvents Stores, Strategy
- Article from:
- THE JOURNAL RECORD
- Article date:
- June 23, 1995
- Author:
CopyrightCopyright 1995 The Journal Record. Provided by ProQuest LLC. (Hide copyright information)
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PHOENIX _ From credit card-activated gas pumps to freshly made
take-out food, Circle K Corp. is reinventing its stores as it
seeks to re-establish itself in the fiercely competitive
convenience store business.
The Phoenix-based chain, shrunk by nearly half after three
years under Bankruptcy Court protection, has resumed cautious
expansion as it works to improve the image of its 2,460 stores in
28 states including Oklahoma.
In March, the nation's second-largest convenience store chain
became a public company again, selling 6.5 million shares of
stock and getting a listing on the New York Stock Exchange.
"What we are trying to do is evolve from what I've called the
typical `sunbelt' ...