Circle K Wikipedia (2024)

FAQs

Who owns Circle K now? ›

Circle K Stores, Inc. is an American chain of convenience stores headquartered in Tempe, Arizona, and owned by Alimentation Couche-Tard, Inc., based in Laval, Quebec, Canada.

No, it doesn't stand for “konvenience.” It stands for Kay. Let me explain. The letter “K” was taken from the name of three Kay's Drive-In Grocery outlets located in El Paso, Texas. Circle K founder Fred Harvey bought the stores from Kay Misenheimer in 1951 and they formed the basis for the future Circle K empire.

In this article, we'll focus on our own trademarked kosher symbol, sometimes referred to as the Circle-K kosher symbol. This is the bold letter K in a circle, representing products and eateries expressly under OK Kosher Certification.

Laval, Canada

Circle K / Headquarters

"The acquisition of MAPCO aligns perfectly with our long-term growth and expansion plans,” said Ben Smith, Majors' president. “We are confident that this transaction will bring together the strengths and expertise of two industry leaders to better serve the evolving needs of customers and markets.”

The Circle K Executive Team is rated a "D" and led by CEO Brian Hannasch.

Alimentation Couche-Tard Inc., the Canadian operator of more than 5,800 convenience stores, agreed to acquire locations in California from ExxonMobil Corp. after a bid to boost its U.S. presence failed last year.

Circle K's success in the convenience retailing industry spans more than 60 years. Our roots trace back to 1951 when Fred Hervey purchased three Kay's Food Stores in El Paso, Texas. Little did anyone know that these stores would serve as the beginning of Circle K.

In addition, under licensing agreements, more than 2,380 stores are operated under the Circle K banner in 15 other countries and territories (Cambodia, China, Egypt, Guam, Honduras, Hong Kong, Indonesia, Jamaica, Macau, Mexico, Mongolia, New Zealand, Saudi Arabia, the United Arab Emirates and Vietnam), which brings the ...

What is Circle K's annual revenue? ›

Circle K's revenue is $7.8 billion.

Circle K peak revenue was $7.8B in 2023. Circle K has 40,001 employees, and the revenue per employee ratio is $194,995.

Circle K partners with S&D Coffee & Tea to source the beans and develop the recipes for light, medium, dark and other roasts. Blends vary from country to country and state to state based on regional tastes and preferences.

7.3 billion USD (2024)

Alain Bouchard / Net worth

Circle K Ireland has appointed Ciara Foxton as its new Managing Director. She will take over from Gordon Lawlor who will be taking up the role of Managing Director of Circle K Norway. Ms Foxton will assume her new position on 1 January 2024, and will be responsible for leading the business in Ireland.

Alimentation Couche-Tard and Majors Management take ownership of MAPCO and its assets in separate deals. FRANKLIN, Tenn. — MAPCO Express Inc.'s portfolio officially split in two on Nov. 1 as Majors Management LLC and Alimentation Couche-Tard Inc.

Compensation for president and CEO Brian Hannasch increased by 50 per cent to $18.5 million. The amount includes a 'special bonus' of $2.5 million 'linked to the achievement of the five-year strategic plan to double the company's results again'.