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Casey’s General Stores expanding into Texas

News

November 10th, 2023 by Ric Hanson

(Ankeny, Iowa) An Iowa-based convenience store chain known for its pizza is expanding into the Lone Star State. Officials with Casey’s General Stores say the company is acquiring 22 Lone Star Stores in Texas, and incorporating them into its brand. Darren Rebelez, Casey’s president and chief executive officer, said in the news release that all Lone Star employees have been offered jobs.

Casey’s General Stores Inc. opened its first general store in Boone, Iowa in 1968. Casey’s operates more than 2,500 stores in 16 states, primarily in the Midwest, according to its website. It’s the company’s first time expanding into Texas, which becomes its 17th state overall. The transaction is expected to be wrapped up by the end of the month. The retailer finished the first quarter of its fiscal 2024 on July 31st. It plans to add more than 350 stores through construction and acquisitions by fiscal year 2026. Announcing fiscal Q1 results, Casey’s said it was updating its forecast to add at least 150 stores in fiscal year 2024 because of pending transactions.

Casey’s is the third-largest convenience store chain in the country and the fifth-largest pizza chain.