Core-Mark to service approximately 980 Couche-Tard corporate stores within Couche-Tard’s Southwest, Southeast, Gulf Coast and Florida markets.
Core-Mark Holding Co. Inc., one of the largest marketers of fresh and broad-line supply solutions to the convenience retail industry in North America, is set to become the broadline supplier to the Circle K stores in the Southeastern U.S. leading to the creation of a new division in Tampa, Florida.
Core-Mark and Alimentation Couche-Tard have signed a letter of intent as they negotiate a long-term agreement for Core-Mark to service approximately 980 Couche-Tard corporate stores within Couche-Tard’s Southwest, Southeast, Gulf Coast and Florida markets.
Core-Mark expects to begin supplying these stores in the next few months. Concurrent to this new supply agreement, Core-Mark and Couche-Tard have also reached preliminary agreement to renew their existing supply agreements for stores located in western Canada and the western US. The Canadian stores operate under the Mac’s banner and the U.S corporate stores operate under the Circle K banner.
“We have enjoyed a long relationship with Couche-Tard and are extremely pleased of their affirmation in our ability to contribute to their success as an industry leading retailer,” said Mike Walsh, Core-Mark’s CEO. “Both companies have similar strategic views in driving efficiencies in the supply chain as well as creating real solutions to changing consumer demands.”