The nation’s third-largest convenience store retailer is implementing a new three-year plan that will see it greatly expand its store footprint.
Iowa-based Casey’s General Stores Inc.’s new strategic plan is centred around three priorities: adding “at least” 400 new stores over the period, expanding its food and beverage offerings and enhancing its operational efficiency by implementing new technology. Since introducing its last strategic plan in 2023, Casey’s has opened more than 500 new stores and joined the S&P 500.
Casey’s expansion, which includes 120 stores in its current fiscal year, will include a combination of strategic acquisitions and new-store development. By expanding its presence in both existing and new markets, Casey’s said it will bring its “food-first convenience offering” to more guests.
“Our growth strategy is expanding Casey’s Country in a disciplined way,” said Ena Williams, Chief Operations Officer at Casey’s. “We’ve shown that we can grow through both new stores and acquisitions. That includes the successful integration of CEFCO, our largest acquisition to date, which strengthened our presence in Texas and expanded Casey’s reach across the South. That flexibility allows us to pursue the best opportunities as market conditions evolve.”
