With its first convenience store in Ohio now open in Cridersville and expansion into new and existing markets in the works, Casey’s General Stores Inc. is in growth mode, and it's beefing up its real-estate and new-store development departments to prove it.
“We’re certainly gearing ourselves up for future accelerated growth pace,” said Terry Handley, Casey’s president and CEO, during the company’s third-quarter fiscal 2017 earnings call on March 7.
The company, which has a primary distribution center in Des Moines, Iowa, opened a second distribution center in February 2016 in Terre Haute, Ind.
“Our growth plans are centered around moving east and south to leverage that distribution center," CFO Bill Walljasper said in June. "We’ll have stores open in Ohio this fiscal year and continue to fill in and move in that direction. We noticed that it was a very similar demographic to some of our more seasoned states like Iowa, Missouri and Illinois. … So we think we have a tremendous opportunity there.”
Ankeny, Iowa-based Casey’s operates more than 1,950 stores in 14 Midwestern states.