Last updated on June 13th, 2024 at 05:01 pm
Circle K’s new parent company, Alimentation Couche-Tard, has awarded distributor McLane Co. Inc. its supply-chain-services business in the eastern and midwestern U.S.
McLane will begin serving 1,161 Circle K locations starting in January 2017 and an additional 982 locations in January 2018, totaling 2,143 stores. In addition, Circle K has extended a multi-year agreement with McLane Co., Temple, Texas, to continue serving the 1,356 former Pantry locations in the Southeast.
“Circle K is well known and respected in the industry. They, like McLane, continue strategic growth throughout the United States to better meet the needs of their customers,” said McLane President Tony Frankenberger. “It is an honor to be chosen to service such a significant amount of the Circle K business and to expand our relationship with Circle K.”
In awarding the business to McLane, Couche-Tard ends a longtime contract with Core-Mark Holding Co., South San Francisco, California.
This will reduce the number of Circle K stores that Core-Mark serves by approximately 1,100, a 36 percent reduction, Core-Mark reported.
“We are disappointed that we did not retain all of the stores during this renewal process,” Core-Mark President and CEO Thomas B. Perkins said, “but our longstanding partnership with this industry-leading retailer remains strong.”
McLane Co. operates 80 distribution centers in the U.S. and buys, sells and delivers more than 50,000 different consumer products to nearly 90,000 locations across the country.
