Couche-Tard Invests in Food and Fuel Programs
Net earnings decline 7.9% during fiscal 3rd-quarter 2021.
Alimentation Couche-Tard is leaning on two key proprietary programs to drive sales and growth in the next year. Company leaders announced during a March 18 earnings call that it will expand its Fresh Food, Fast initiative to 3,000 of its Circle K convenience stores in the next few months after seeing success from an initial rollout in the second half of 2020.
“In our strategic ambitions, we are making notable strides as we evolve our model to become a more innovative and differentiated retailer,” said President and CEO Brian Hannasch. “In our Fresh Food, Fast priority, we are starting our second wave of implementation and will be expanding the program to an additional 3,000 stores in the coming months. Our focus on ease, safety and the quality of the offer are clearly resonating with our customers, and I am pleased that we are meeting our food development goals despite the challenges of the pandemic.”