QuikTrip

Last updated
QuikTrip
QuikTrip
Private
Industry Retail (convenience stores, fast food)
FoundedSeptember 25, 1958;60 years ago (September 25, 1958)
Tulsa, Oklahoma, U.S.
FoundersBurt Holmes
Chester Cadieux
Headquarters Tulsa, Oklahoma, U.S.
Number of locations
805
Key people
Chet Cadieux (CEO)
RevenueIncrease2.svg US$9.16 billion (FY 2017)
Number of employees
22,534 (2017)
Website QuikTrip.com

The QuikTrip Corporation, more commonly known as QuikTrip (QT), is a chain of convenience stores based in Tulsa, Oklahoma that primarily operates in the Midwestern, Southern, and Southeastern United States as well as in Arizona.

Convenience store small store that stocks a range of everyday items

A convenience store, convenience shop, or corner store is a small retail business that stocks a range of everyday items such as coffee, groceries, snack foods, confectionery, soft drinks, tobacco products, over-the-counter drugs, toiletries, newspapers, and magazines. In some jurisdictions, convenience stores are licensed to sell alcohol, although many such jurisdictions limit such beverages to those with relatively low alcoholic content such as beer and wine. Such stores may also offer money order and wire transfer services, along with the use of a fax machine or photocopier for a small per-copy cost. They differ from general stores and village shops in that they are not in a rural location and are used as a convenient supplement to larger stores.

Tulsa, Oklahoma City in Oklahoma, United States

Tulsa is the second-largest city in the state of Oklahoma and 45th-most populous city in the United States. As of July 2016, the population was 413,505, an increase of 12,591 over that reported in the 2010 Census. It is the principal municipality of the Tulsa Metropolitan Area, a region with 991,005 residents in the MSA and 1,251,172 in the CSA. The city serves as the county seat of Tulsa County, the most densely populated county in Oklahoma, with urban development extending into Osage, Rogers, and Wagoner counties.

Midwestern United States region that includes parts of Canada and the United States

The Midwestern United States, also referred to as the American Midwest, Middle West, or simply the Midwest, is one of four census regions of the United States Census Bureau. It occupies the northern central part of the United States. It was officially named the North Central Region by the Census Bureau until 1984. It is located between the Northeastern United States and the Western United States, with Canada to its north and the Southern United States to its south.

Contents

The first QuikTrip was opened in 1958 in Tulsa by Burt Holmes and Chester Cadieux. The company expanded outside of Oklahoma in 1968, and started selling gasoline in 1971. [1] Chester's son, Chet, Jr., is the current CEO.

Since 1991, QuikTrip has promoted its gasoline as "high quality" with an unconditional guarantee. In 2005, QuikTrip and Chevron were the first two retailers to earn a "Top Tier" rating from General Motors, BMW, Honda, Volkswagen, Audi, and Toyota. (The "Top Tier" rating exceeds the United States Environmental Protection Agency's standards for gasoline additives.) [2] . .

Chevron Corporation American multinational energy corporation

Chevron Corporation is an American multinational energy corporation. One of the successor companies of Standard Oil, it is headquartered in San Ramon, California, and active in more than 180 countries. Chevron is engaged in every aspect of the oil, natural gas, and geothermal energy industries, including hydrocarbon exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation. Chevron is one of the world's largest oil companies; as of 2017, it ranked nineteenth in the Fortune 500 list of the top US closely held and public corporations and sixteenth on the Fortune Global 500 list of the top 500 corporations worldwide. It was also one of the Seven Sisters that dominated the global petroleum industry from the mid-1940s to the 1970s.

Top Tier Detergent Gasoline

Top Tier Detergent Gasoline and Top Tier Diesel Fuel are performance specifications and trademarks designed and supported by several major automakers. BMW, General Motors, Fiat Chrysler Automobiles, Ford, Honda, Toyota, Volkswagen, Mercedes-Benz, Navistar, and Audi support the gasoline standard, while General Motors, Volkswagen, Detroit Diesel, and Navistar support the diesel standard. Each of these automakers recommends the use of Top Tier Detergent Gasoline in their owner's manuals. Top Tier fuels must maintain levels of detergent additives that result in a higher standard of engine cleanliness and performance as compared to the United States Environmental Protection Agency (EPA) requirement. In addition, Top Tier fuels may not contain metallic additives, which can harm the vehicle emission system and create pollutants. As of 2018, Top Tier Detergent Gasoline is available from 61 licensed retail brands and Top Tier Diesel Fuel is available from 5 licensed retail brands.

BMW automotive brand, manufacturer, and conglomerate

BMW AG is a German multinational company which currently produces automobiles and motorcycles, and also produced aircraft engines until 1945.

Overview

QuikTrip has]'s 100 Best Companies to Work For. The January 2006 version of the rankings placed QT at #21, ninth among companies classified as "mid-size"; for 2008 QT was ranked 27 in Fortune's top 100 list. [3] QuikTrip often uses this fact in recruiting new employees. QuikTrip also ranked 33rd on Forbes magazine's list of largest private companies in 2016. [4]

<i>Forbes</i> American business magazine

Forbes is an American business magazine. Published bi-weekly, it features original articles on finance, industry, investing, and marketing topics. Forbes also reports on related subjects such as technology, communications, science, politics, and law. Its headquarters is located in Jersey City, New Jersey. Primary competitors in the national business magazine category include Fortune and Bloomberg Businessweek. The magazine is well known for its lists and rankings, including of the richest Americans, of the world's top companies, and The World's Billionaires. The motto of Forbes magazine is "The Capitalist Tool". Its chair and editor-in-chief is Steve Forbes, and its CEO is Mike Federle. In 2014, it was sold to a Hong Kong-based investment group, Integrated Whale Media Investments.

History

While driving through Dallas, Burt Holmes was intrigued by the success of 7-Eleven and decided to open a small grocery store in his hometown of Tulsa. He took on classmate Chester Cadieux as a partner in his planned venture. [5]

Dallas City in Texas, United States

Dallas, officially the City of Dallas, is a city in the U.S. state of Texas and the seat of Dallas County, with portions extending into Collin, Denton, Kaufman and Rockwall counties. With an estimated 2018 population of 1,345,047, it is the ninth most-populous city in the U.S. and third in Texas after Houston and San Antonio. It is also the eighteenth most-populous city in North America as of 2015. Located in North Texas, the city of Dallas is the main core of the largest metropolitan area in the Southern United States and the largest inland metropolitan area in the U.S. that lacks any navigable link to the sea. It is the most populous city in the Dallas–Fort Worth metroplex, the fourth-largest metropolitan area in the country at 7.5 million people as of 2018. The city's combined statistical area is the seventh-largest in the U.S. as of 2017, with 7,846,293 residents.

7-Eleven Inc. is a Japanese-owned American international chain of convenience stores, headquartered in Dallas, Texas. The chain was founded in 1927 as Tote'm Stores until it was renamed in 1946. Its parent company since 2005, Seven-Eleven Japan Co., Ltd., operates, franchises, and licenses 68,236 stores in 17 countries as of June 2019. Seven-Eleven Japan is headquartered in Chiyoda, Tokyo and held by Seven & I Holdings Co., Ltd.. The most recent franchise agreement gives up to 59% of a franchise's gross profit to the company.

The first QuikTrip store was opened in a Tulsa strip mall in 1958, which sold a limited selection of groceries with high prices for the convenience. [6] The chain grew rapidly, opening its first store outside Tulsa in 1964, expanding to Missouri in 1971 and Iowa in 1974. [5]

Missouri State of the United States of America

Missouri is a state in the Midwestern United States. With over six million residents, it is the 18th-most populous state of the Union. The largest urban areas are St. Louis, Kansas City, Springfield, and Columbia; the capital is Jefferson City. The state is the 21st-most extensive in area. Missouri is bordered by eight states : Iowa to the north, Illinois, Kentucky, and Tennessee to the east, Arkansas to the south, and Oklahoma, Kansas, and Nebraska to the west. In the South are the Ozarks, a forested highland, providing timber, minerals, and recreation. The Missouri River, after which the state is named, flows through the center of the state into the Mississippi River, which makes up Missouri's eastern border.

Iowa State of the United States of America

Iowa is a state in the Midwestern United States, bordered by the Mississippi River to the east and the Missouri River and Big Sioux River to the west. It is bordered by six states; Wisconsin to the northeast, Illinois to the east, Missouri to the south, Nebraska to the west, South Dakota to the northwest, and Minnesota to the north.

QuikTrip began to sell gasoline in 1971 as states legalized self-service stations. In the early 1970s, co-founder Cadieux eliminated slow-moving merchandise from the stores' inventory, such as canned vegetables, and stocked a larger quantity of items, priced low for high-volume sales, such as beer, soda, coffee, cigarettes, and candy. [6] In 1976, it became one of the first convenience store chains to be open 24 hours a day. Also that year, it adopted its now-famous "QT" logo. [5]

QuikTrip had its own branded goods marketed from the 1970s to the 1980s, including QT Beer—QT for "Quittin' Time". The ad campaign, "It's QT Time Again", would often show a dog named Lamar. The dog's owner was portrayed in television commercials by actor Ben Jones, who often asked the dog, "Ain't that right, Lamar?" [7]

In 1988, upon rapid expansions into the St. Louis and Atlanta markets, QuikTrip began a renovation of all stores, primarily replacing the earthtone exterior and interior with a bright red color scheme. The interior decor featured red countertops and a red quarry tile floor; almond tile on the walls interspersed with painted red sections of the walls to create contrast. Some gold trim maintained continuity from the previous decor. The company also took more care with landscaping around the store. [6] By the early 1990s, QuikTrip began to offer fast foods and fountain beverages at its stores, being the first convenience store to offer a self-serve soda fountain and a self-serve coffee bar. Expensive advertising led the company to phase out the private label beer by this time. [6]

In 1994, QuikTrip acquired the former Memorex/Telex Communications headquarters in Tulsa and remodeled part of the building for its Oklahoma division. In 2003, QuikTrip decided to consolidate all employees into one corporate campus in south Tulsa and sold the building to Community Care College. [8]

In 2014, a QuikTrip store in Ferguson, Missouri was looted and subsequently burned in a riot following the fatal August 9 police shooting of Michael Brown. [9]

In 2017, QuikTrip announced plans to expand into two additional markets in Texas, San Antonio and Austin. [10] The first San Antonio store opened in October 2018. [11]

Products and services

Exterior of a QuikTrip store in Des Moines, Iowa in 2004 QuikTrip, Des Moines, IA.jpg
Exterior of a QuikTrip store in Des Moines, Iowa in 2004

In an attempt to increase speed and improve customer service at checkout, QuikTrip asks customers to stand at the counter versus standing in a long line. Employees are taught at orientation to go provide assistance on an additional register when the customer to cashier ratio exceeds 3:1, and to direct customers to the closest available checkout.[ citation needed ]

Since the early 1990s, QuikTrip has sold a private label brand of fast food, "Quick 'n Tasty" and "HOTZI sandwiches". "Quick 'n Tasty" heat-and-serve sandwiches include Texas Ham and Cheese, BarBQ Pork Rib, and the Super Po Boy. "HOTZI" breakfast sandwiches included the sausage, egg, and cheese biscuit and the breakfast burrito. [6]

In 2012, QuikTrip began an initiative of offering fresh food made daily at its own bakery and commissary referred to as QT Kitchens. The products includes fresh sandwiches, wraps, salads, fruit, and various pastries made and delivered daily. [12] Since then, QuikTrip has expanded the "QT Kitchens" brand to include actual kitchens in their stores with made-to-order hot food as well as specialty drinks. [13] The company also retrofitted their older style stores to include the new kitchen operations, in addition to building entirely new "Gen 3" stores.

Travel centers

During rapid expansion in the late 1980s, some QuikTrip stores included large 'travel centers.' A smaller version of a truck stop, the travel centers included a 5,000-square-foot store, 12 gasoline pumps, five diesel pumps with an elevated canopy to accommodate large trucks, a truck scale, and a store to serve the needs of truck drivers. [6]

Dual-branded stores

In 1994, QuikTrip began test-marketing a dual-brand concept in St. Louis, Kansas City, Springfield, and Atlanta, where a 3,000-square-foot Wendy's store was attached to each QuikTrip convenience store. In Des Moines, QuikTrip opened a new store with a Burger King with a separate entry and a drive-through window, but a passageway allowing movement between the convenience store and the restaurant. [6]

Non-traditional stores

In October 2007, QuikTrip opened a store within the Sprint Center in Kansas City, Missouri. [14] The location only offered concessions and not gasoline. The store was closed in mid-2013. [15] The company's second store without gasoline—store No.1700— opened in midtown Atlanta at the Viewpoint Midtown condominium building on Peachtree Street.

In 2008, QuikTrip signed an agreement with the city of Grand Prairie, Texas for naming rights to the Grand Prairie AirHogs' new stadium, to be named QuikTrip Park. The deal included a QuikTrip booth at the stadium selling QT Kitchens products at the park for store price. [16]

Locations

QuikTrip operates over 800 stores, which are located in the following areas of the United States:


All stores are owned and operated by the company.

In the Dallas/Fort Worth and Atlanta metro areas, QuikTrip competes head to head with RaceTrac, an Atlanta-based convenience store chain that is very similar to QuikTrip inside and out. Both chains tend to have new clean facilities with abundant on-site lighting and a large convenience area. [17] [18] In many cases, the two competitors are located directly across the street or on opposite street corners from one another. [19]

Because the company operates stores in Iowa and retains the trademarks to the name within that state, competing chain Kwik Trip uses a different name for their stores in the state, Kwik Star.

In the Phoenix metropolitan area, there are no QuikTrip stores located within the city limits of the suburb of Scottsdale. This is due to a city ordinance that regulates the design and build of gas and service stations within city limits. Neither the city nor the company will give in to the other (in other words QuikTrip will not build a station to appease the ordinance and Scottsdale will not make an exception to QuikTrip), and therefore Scottsdale is the only city in the Phoenix area without a QuikTrip.

The company has run into similar issues in Overland Park, Kansas, but it is more from a desire to make the city more "pedestrian-friendly". [20]

Related Research Articles

QT or Qt may refer to:

Sheetz

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Braums American restaurant chain

Braum's is an American family-owned restaurant chain based in Tuttle, Oklahoma.

Caseys General Stores chain of convenience stores in the Midwestern United States

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Dillons

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RaceTrac Petroleum, Inc., is an American corporation that operates a chain of gasoline service stations across the Southern United States. The firm is Georgia's third largest private company, with sales of $9.1 billion in 2013.

Kwik Shop American convenience store and gas station chain

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Mazzios

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Kum & Go American convenience store chain

Kum & Go is a convenience store chain primarily located in the Midwestern United States. The company, based in Des Moines, Iowa, operates over 400 stores in 11 states—primarily in its home state of Iowa. Other states include: Missouri, Arkansas, Oklahoma, Nebraska, North Dakota, South Dakota, Minnesota, Montana, Colorado, and Wyoming. Kum & Go was ranked as the 23rd-largest convenience store chain in the United States by Convenience Store News in 2010.


Loaf 'N Jug is a chain of convenience stores, owned by EG Group, headquartered in Pueblo, Colorado. The company was founded by 5 businessmen from southern Colorado. Kroger purchased Loaf 'N Jug in 1986. In 2006, Kroger reimaged its convenience stores brands under a common logo. At about the same time, Kroger debranded the gasoline sold at its convenience stores, eliminating Conoco which had been sold at many Loaf 'N Jug locations. As part of this re-branding all of the Mini-Mart Stores were now Loaf 'N Jug Stores.

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Kwik Trip

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Stripes Convenience Stores

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Cadieux is a surname. Notable persons with that surname include:

References

  1. Barber, Brian (2007-06-19). "A More Congenial Spot: Camelot site may be QuikTrip milestone". Tulsa World. Retrieved 2007-07-02.
  2. QuikTrip Gasoline Archived July 14, 2007, at the Wayback Machine
  3. "100 Best Companies to Work For". Fortune . 2006. Retrieved August 19, 2014.
  4. "QuikTrip on the Forbes America's Largest Private Companies List". Forbes .
  5. 1 2 3 Company history page
  6. 1 2 3 4 5 6 7 "QuikTrip Corporation History". Funding Universe. Retrieved October 16, 2016.
  7. Robinson, Robin (May 24, 1991). "QuikTrip's Lamar Returns". Tulsa World . Retrieved October 16, 2016.
  8. Winslow, Laurie (July 11, 2003). "QuikTrip Sells Former Office to School". Tulsa World.[ dead link ]
  9. Carroll, Rory (August 17, 2014). "In the Ferguson tempest, fury and resentment fuel protesters' fire". The Guardian .
  10. "QT KICKS UP ITS SPURS; BLAZES A TRAIL TO SAN ANTONIO AND AUSTIN". QuikTrip Corporation. Retrieved 2018-10-07.
  11. "QuikTrip Opens First San Antonio Store, With Dozens More to Come. In November 2018 company announce its plans to expand to Macon Ga.market with it building a Travel Center. Expect to open sometime 2019". Convenience Store News. Retrieved 2018-10-07.
  12. Siebenmark, Jerry (November 3, 2012). "QuikTrip to build Gen 3 store at Kellogg, Broadway". The Wichita Eagle .
  13. "QuikTrip Corporation > Food > Made Fresh To Order". QuikTrip Corporation.
  14. "QuikTrip will open store in Sprint Center". Kansas City Business Journal. September 20, 2007.
  15. Smith, Joyce. "QuikTrip to close in Sprint Center". The Kansas City Star.
  16. Ahles, Andrea (April 16, 2008). "QuikTrip Buys Naming Rights to Grand Prairie Minor League Stadium". Fort Worth Star Telegram. Retrieved October 16, 2016.
  17. "QuikTrip and RaceTrac Fueling Continued Growth".
  18. "Race trac or quick trip?".
  19. "Fuel wars heat up as new RaceTrac site going up near QuikTrip in Gainesville".[ permanent dead link ]
  20. https://web.archive.org/web/20170222233813/https://www.kansascity.com/news/local/community/joco-913/overland-park-leawood/article134033624.html