We strive to balance the triple bottom line of People, Planet and Profit. Our sustainability framework is simple in concept but complex in practice. We are a family-owned company dedicated to making days better for today and tomorrow. This longstanding legacy of family leadership, now in its fourth generation, provides a strong foundation as we focus on future generations. Sustainability has always been a part of the Kum & Go philosophy. We bring a fresh attitude to the way we treat our customers-meeting you where you are and offering all the choices you deserve.
Git n go convenience stores inc full#
From a new menu full of variety & flavor, to making everything even more convenient with our &Rewards app. A Fresh PerspectiveĪt Kum & Go, we’re rethinking the whole convenience experience. Giving back reflects our values of respect & camaraderie, & our stance as part of the communities in which we stand. We give back to our community & always seek to provide a refreshing moment of respite, wherever we can. It’s who we are-giving 10% back to our communities since our doors first opened. Although times have certainly changed, a few things remain the same-our family’s commitment to the community. They created a welcoming hot spot where locals could get gas, groceries & connect with one another. "What we'd like to do - we've interviewed every employee at every store - we'd like to extend an offer to all of their people who have a desire to work for us," he said.Over 60 years ago, Bill Krause & Tony Gentle established more than a convenience store. But he said he hoped to negotiate concessions from landlords to prevent more closings. Krause said Kum & Go may have to close some of the stores it's purchased because of "excessive rent" in the store leases. "This was a wonderful result for the creditors of this estate," U.S. Proceeds from the sale will be used to pay off Git-n-Go debts. Privately held Sinclair, which operates 200 stores nationwide, wanted the stores to expand its presence in two markets near the company's petroleum refinery in Tulsa, the company has said.
Git n go convenience stores inc plus#
The purchase represents a $2.2 million premium over the highest bid entering the auction, Sinclair's offer of $6.8 million plus the inventories. Krause did not know when the 76 Git-n-Go stores would begin bearing Kum & Go signs, but the company hopes to close the sale in time for the key Fourth of July weekend. The chain, owned by grocery distributor Hale-Halsell Co., which filed Chapter 11 in March, subsequently closed 38 stores and laid off hundreds of workers. The company filed for bankruptcy in late January after losing $8 million in 2003.
The sale marks the end for Tulsa-based Git-n-Go, which opened its first store in Tulsa in 1958. Johnson had no comment when leaving the U.S.
Kum & Go and Sinclair exchanged growing bids for about 10 minutes before Kum & Go's offer of $9 million plus the roughly $4 million inventories prompted Sinclair's Peter Johnson to bow out. "We all know that if Sinclair wanted them, we would have been the proverbial fly on an elephant's ear," Krause said. The purchase will expand Kum & Go's annual revenues to more than $1 billion and increase its presence in the two states, where it previously had just 15 stores, said chief executive W.A.
for more than $13 million.ĭes Moines-based Kum & Go obtained 76 convenience stores in Oklahoma and Missouri plus their inventories, pushing the store total for the unit of privately held Krause Gentle Corp. in a bankruptcy auction Tuesday to buy nearly all the assets of Git-n-Go Inc. An Iowa convenience store chain outbid Salt Lake-based oil giant Sinclair Petroleum Corp.
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