QuikTrip provides a quick fix for those on the go. QuikTrip (QT)
owns and operates more than 700 gasoline/convenience stores in
nearly a dozen states, mostly in the central US. QT stores, which
average 4,600 sq. ft., feature the company's own QT brand of gas
and diesel fuel, as well as brand-name beverages, candy, and
tobacco, and QT's Quik 'n Tasty and HOTZI lines of sandwiches. QT's
15-plus travel centers offer scales, food, fuel, showers, and other
services for truckers. The firm's FleetMaster program offers
commercial trucking companies detailed reports showing drivers'
product purchases, amounts spent, and odometer readings.
Privately-owned QT was co-founded in 1958 by Chester Cadieux.
QuikTrip supplies its retail stores with food from its QT
Distribution (QTD) subsidiary. More than 70% of the food products
sold at QT stores are delivered by QTD, which has warehouses in
Arizona, Georgia, and Phoenix.
Tulsa-based QuikTrip has stores in Arizona, Georgia, Illinois,
Iowa, Kansas, Missouri, Nebraska, North Carolina, Oklahoma, South
Carolina, and Texas. The chain's largest markets are Georgia,
Missouri, Texas, and Arizona, home to more than two-thirds of its
QuikTrip ranks as one of America's largest private companies, as
reported by Forbes, with sales of $11.5 billion in fiscal 2014
(ended April), up from $11.2 billion the prior year.
Fast-growing QuikTrip is expanding from its strong base in the
Atlanta area to the Carolinas and beyond. In 2012 the chain opened
its 600th store, and has since added nearly 100 more locations in
the South and Midwest, including growing central Iowa, and the
Dallas-Fort Worth area, where it currently operates more than 80
locations. Most of the new stores conform to the company's "Gen 3"
format, the chain's newest store design. Gen 3 stores are larger
than older QuikTrip stores, have multiple entrances, and offer
To drive indoor sales, QT, like many other convenience store
operators, has turned to food (to make up for declining tobacco
sales). After launching QT Kitchens in the mid-2000s, the venture
operates five commissaries (in Atlanta, Dallas, Kansas City,
Phoenix, and Tulsa) that serve all of the company's stores. Also,
select stores, including at least four in the Wichita area, are
being outfitted with in-house kitchens.