Yesway buys seven additional C-stores
American retailer Yesway has acquired seven additional Midwest-based convenience stores to expand its presence in Iowa and Kansas states.
In Iowa, Yesway has acquired the Krueger's Convenience Stores location in Grimes, and the Pronto Market location in Kanawha. Five Pic Quik stores in Hutchinson, Kansas, have also been acquired and will be added to its existing portfolio.
The company has a robust acquisition pipeline and plans to acquire, improve and rebrand approximately 500 convenience stores as Yesway convenience stores in selected regions of the United States over the next several years.
Yesway operations senior vice president Brian Trout said: "Our goal in acquiring these stores is to enhance their overall appeal and offer a fresh experience for Yesway customers.
"Customers will enjoy redesigned stores that are true to our brand principles, which are to be efficient, inviting and user-friendly. We are grateful to the previous owners for building a base of loyal and reliable customers, and look forward to continuing to serve them in their respective local communities."
Yesway chairman and CEO Thomas Nicolas Trkla said: "Yesway is committed to providing our customers with a terrific shopping experience. We look forward to further expanding the Yesway brand and to becoming an essential member of the communities we serve."
Source: Company Press Release