Alimentation Couche-Tard to Acquire GetGo Café Market Stores from Giant Eagle
Maintaining the GetGo Food-First Approach
Alimentation Couche-Tard, the parent company of Circle K, plans to preserve GetGo's emphasis on food after acquiring its convenience stores from Giant Eagle. This move allows Giant Eagle to concentrate on its flagship supermarket and pharmacy operations.
Expanding Convenience and Loyalty
ACT, through its Circle K brand, will assume ownership of GetGo Café Markets. Concurrently, Couche-Tard and Giant Eagle have agreed to continue their partnership on the highly successful myPerks loyalty program, ensuring its availability to both Circle K and Giant Eagle customers.
Strategic Partnership for Continued Growth
This transaction aligns with Couche-Tard's strategy of expanding its convenience store footprint. ACT, a global leader in convenience and mobility, is poised to leverage GetGo's established presence to enhance its offerings.
Key Points:
* Alimentation Couche-Tard is acquiring GetGo Café Market stores from Giant Eagle. * Giant Eagle will focus on its supermarket and pharmacy businesses. * Circle K (ACT) will maintain GetGo's food-focused model. * Couche-Tard and Giant Eagle will continue their partnership on the myPerks loyalty program. * The acquisition expands ACT's convenience store network and strengthens its mobile offerings.
Additional Information:
* Couche-Tard operates over 14,200 convenience stores worldwide. * Circle K is the eighth largest convenience store chain globally. * Giant Eagle is a leading supermarket chain in the Northeastern United States.
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