Alimentation Couche-Tard (TSX:ATD) owns and operates convenience stores under the Couche-Tard, Circle K, and Ingo brand names. The Quebec-based company opened its first store in Laval, QC in 1980 and today ATD operates over 14,000 stores in 25 countries/territories, employing over 125,000 people. The company expanded into the United States in 2001 and in 2003 the Circle K business was acquired from ConocoPhillips. Subsequent expansion came from the acquisition of Scandinavia-based Statoil Fuel & Retail (2012), Ireland-based Topaz in 2016, and Circle K stores operated in Hong Kong and Macau. Approximately seventy-five percent of store locations sell transportation fuels and in 2022, the company launched EV charging capabilities in Quebec and South Carolina. Roughly half of its stores are in the U.S.
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By Charles Marleau CIM® and William Mitchell CIM®
