Circle K Renews Supply Relationship With Lil' Drug Store
Retailer forges new multi-year agreement with HBC provider
LAVAL, Quebec & CEDAR RAPIDS, Iowa -- Alimentation Couche-Tard Inc.'s U.S. retail arm, Circle K, has renewed its supply relationship with Lil' Drug Store Products Inc. (LDSP), a leading health and beauty care (HBC) product supplier to the convenience store retailing channel.
As part of the largest independent c-store operator in North America, Circle K has more than 3,300 locations covering 42 states and the District of Columbia.
"Circle K is pleased to renew our relationship with Lil' Drug Store Products as the HBC category leader," said Jim King, Circle K national director of procurement. "At a time when ongoing product shortages make it essential for retailing partners and their consumer customers to have immediate flexibility and responsiveness in product supply, Lil' Drug Store Products is the kind of reliable supplier we can depend on to serve our nationwide customer base."
LDSP provides premium over-the-counter HBC products in easy-to-use, convenience-sized packages. Its name-brand and private-label products are available in more than 190,000 retail locations nationwide.
"Our new multi-year supply agreement with such a highly respected and successful convenience retailer as Circle K validates how Lil' Drug Store Products has built a strong position in the convenience retailing channel by being flexible and responsive in ways that enhance product and service excellence," said Chris DeWolf, LDSP CEO and president. "We will continue to offer Circle K the kind of collaboration and forward thinking that enhances their sales and profitability, assures them of reliable name-brand and private-label product supply, and provides more of the on-the-go products that their customers want. We look forward to ensuring reliable, category-leading product supply to Circle K for years to come."
Based in Cedar Rapids, Iowa, Lil' Drug Store Products offers a variety of brands through its three divisions: Convenience Retailing, Consumer Products and International. Convenience Retailing lines include OTC drug products, trial-size personal care items, general merchandise products, automotive accessories and exclusive brands such as Carmex, Ricola, Office Depot and Scunci.
Laval, Quebec-based Couche-Tard has a network of more than 5,800 c-stores, approximately 4,225 of which include motor fuel dispensing, as well as agreements for the supply of motor fuel to 350 independent operator sites. Couche-Tard's network consists of 13 business units, including nine in the United States covering 42 states and the District of Columbia (primarily under the Circle K flag), and four in Canada covering all 10 provinces (primarily under the Mac's and Couche-Tard flags). Following its acquisition of Statoil, Couche-Tard also operates a retail network across Scandinavia, Poland, the Baltics and Russia with approximately 2,300 stores.