Record expansion for Kum & Go
West Des Moines, Iowa -- Convenience-store operator Kum & Go. opened 43 stores in nine states — more than double its previous record of 21 new stores in 2009 — in 2012, for a total of 430 stores in 11 states. The company plans to continue its growth strategy in the coming years.
“We’re not letting up,” president and CEO Kyle J. Krause said. “Our growth plan for the next five years is just as aggressive.”
In addition to expanding in its existing markets, Kum & Go is targeting growth in new markets. “We entered the Little Rock, Ark., and Colorado Springs, Colo., markets this year,” Krause said. “These two brand new markets show our determination to identify favorable metropolitan areas that meet our new store criteria and offer strong growth potential.”
New Kum & Go stores feature an increased focus on sustainability.
“All of our new store prototypes since 2011 are submitted for Leadership in Energy and Environmental Design [LEED] certification,” Krause said.
Currently, 17 stores are LEED-certified. Another 19 have been submitted for certification, and 28 are registered. Eco-friendly store features include sustainable materials, reflective concrete, high-efficiency equipment, alternative fuels, LED lighting, daylighting, water-saving fixtures and more.
“As part of our sustainability, we offer many types of different bio-fuel options, including both E10 and E85 ethanol products,” said Krause. “These fuel options support our local agricultural economies while reducing our dependence on foreign oil. At the same time, we’re a leader in auto diesel, with more than two-thirds of our locations offering auto diesel at the pump.”
The company’s social responsibility also includes giving back to the communities in which it operates. Kum & Go shares 10% of its profits with charitable and educational causes each year. Members of the Kum & Go team are also encouraged to give of their time to important local causes.