Kum & Go is celebrating its grand opening in Colorado Springs and has plans to invest $90 million in building a total of 20-25 new stores in the Colorado Springs and Pikes Peak region of the Centennial State within the next five years.
Kum & Go, the fifth largest privately held company-operated convenience store chain in the U.S., is marking the grand opening of its first three stores in Colorado Springs this week. Being new in the market, the company wanted to celebrate with customers by offering deep discounts on food and beverage selections plus a free gas fill-up of 12 gallons to the first 50 customers at each of its new stores.
In addition to these stores, Kum & Go expects to open five more stores in and around the Colorado Springs/Pikes Peak region this year. Kum & Go currently operates 39 other stores throughout Colorado and employs more than 370 associates in 15 counties. The company plans to create approximately 225 jobs in the Colorado Springs area by the end of 2013.
Kum & Go selected the Colorado Springs and the Pikes Peak region for the expansion from among a highly competitive group of 85 metropolitan statistical areas in 16 states. Company executives are confident this area will be a profitable market because they see the community poised for future growth.
“Our goal is to build a long-lasting relationship with the Colorado Springs and Pikes Peak area,” said Kyle Krause, CEO of Kum & Go. “Not only are we investing in store development and job creation, we’re also investing in the community. For the past 50 years, we’ve proudly contributed 10% of our annual profits to charitable and educational causes in the communities in which we operate. Our gift of $10,000 to the Pikes Peak United Way to help fire victims this summer is just one example of our commitment to the communities we serve.”
Kum & Go stores are more than just a place to get gas. They are 24-hour, one-stop convenience stores that offer superior customer service, friendly people and a Go Fresh Market where made-from-scratch sandwiches and pizza are available. Other amenities at the stores include Redbox rentals, an ATM and E85 gas.
Noted for its commitment to the environment, Kum & Go is the only convenience store chain participating in the U.S. Green Building Council’s LEED Volume Program.
The company has opened 39 stores using its new building design, which includes numerous environmentally friendly features such as sustainable materials, reflective concrete, a reflective roof, LED lighting, water-saving fixtures and high-efficiency equipment. Of the stores using the new eco-friendly design, five are officially LEED-certified. And, since 2011, every new store has been submitted for certification. More information about Kum & Go’s green initiatives is available on its Website.