In 2018, Kwik Trip added more than 60 stores. The growth is part of a $300 million expansion plan the retailer announced in November 2017. By some estimates, Kwik Trip owns about 15% of the convenience-store market in its home state, according to Wisconsin Public Radio.
Maintaining that acceleration requires some serious scouting. “We try to evenly spread out our growth between our three-state market when the best opportunities arise,” Hans Zietlow, director of real estate for Kwik Trip, told the Post Crescent. “In order to do that, we’re probably monitoring 200 sites at any given time to build 50 stores a year.”
The company’s growth is spurred by an up to $21 million tax credit former Wisconsin Gov. Scott Walker promised the company in exchange for creating 300 local jobs over five years.
Source: Convenience Digital Resource Library, Technomic. For benchmarking purposes, store counts are year-end 2018.
|Headquarters:||La Crosse, Wis.|
|No. of Stores:||642|
|Rank Last Year:||14|