Circle K

Circle K

Circle K is an international chain of convenience stores, founded in 1951 in El Paso, Texas, United States. The company filed for bankruptcy protection in 1990 and went through several owners; it is now owned and operated by the Canadian company Alimentation Couche-Tard.

History

The first Circle K store was opened in 1951 by Fred Hervey, a Southwestern entrepreneur. The brand grew steadily over the next few decades, expanding its reach across the United States and into international markets. In 1990, the company filed for bankruptcy protection and was subsequently purchased by the Canadian company Alimentation Couche-Tard in 2003.

Operations

Circle K stores offer a broad array of products for everyday use such as groceries, snacks, prepared foods, beverages, and tobacco products. Many stores also sell gasoline. The company operates in more than 20 countries worldwide, with a strong presence in regions such as North America, Europe, and Asia.

Branding

The Circle K brand is known for its red and white logo, which features a large "K" enclosed in a circle. The company's slogan, "Take it easy," is meant to convey the convenience and ease of shopping at its stores.

Criticism and Controversy

Like many convenience store chains, Circle K has faced criticism and controversy over the years. Issues have included labor disputes, allegations of price gouging, and concerns about the health effects of some of the products sold in its stores.

See Also

• Convenience store
• Alimentation Couche-Tard
• Fred Hervey
• Bankruptcy