Casey's, the Midwest's favorite convenience store chain, is hitting the gas pedal on expansion.
The plan promises more locations for late-night pizza runs and quick fuel fill-ups that will help you keep more cash in your wallet.
Get the inside scoop on Casey's ambitious plans and what it means for you in this quick read.
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Casey’s headquarters
Casey’s General Stores, Inc. is currently headquartered in Ankeny, Iowa, near Des Moines.
The company started in 1968 in Boone, Iowa, before expanding to other small towns in Iowa and before adding spots outside the state’s borders.
Casey’s continues to support local communities, with around 50% of its locations in towns of 5,000 residents or less.
Casey’s is the fifth-largest pizza chain in the country and the third-largest convenience store chain in the U.S. It also is the fourth-largest holder of liquor licenses in the country.
Casey’s current locations
Casey’s currently has more than 2,600 locations in the United States across 16 states as it plans its future expansion to include more spots for Casey’s.
The company has more than 500 locations in its home state of Iowa as well as its neighboring state of Illinois.
Casey’s locations are mainly concentrated in the Midwest, with additional locations in a few southern states, including Tennessee, Arkansas, and Texas.
How many Casey’s are coming?
In June 2023, Casey’s announced that it plans to increase its reach by adding more than 350 stores to its company.
The retailer hasn’t announced where those stores will be located or if any of them will be new locations.
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Casey’s expansion plans
In June, the company’s chief financial officer told investors that some of the growth will come from acquiring smaller convenience store chains to add to Casey’s portfolio.
The chains targeted would have around one to 50 locations with some larger acquisitions mixed in.
Where Casey’s plans to go next
Casey’s is mainly based in the Midwest, but its expansion plans could take it outside its current 16 states to pick up more places for customers to stop.
Its plans could include states like Colorado in the west and Pennsylvania in the east.
The company also expects to expand its reach to more southern such as Louisiana, Alabama, and Georgia.
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Acquisition of Lone Star Food Stores
In November, Casey’s announced that it acquired 22 Lone Star Food Stores locations in North Texas.
The company plans to rebrand the stores as Casey’s locations as part of its expansion plans to increase its footprint in Texas.
Acquisition of EG America
Casey’s picked up 63 convenience stores from EG America in August in a deal that covered locations in Kentucky and Tennessee.
EG America’s Minit Mart and Certified Oil stores were part of the deal. However, EG Group will still operate other Minit Mart and Certified Oil locations in other states, including Ohio and West Virginia.
Bottom line
If you already have a Casey’s near you, you can save money as a member of its loyalty program to earn points and exclusive offers.
And make sure you have the best cash back credit cards in your wallet when you go to Casey’s to save even more when you shop.
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