QuikTrip
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| QuikTrip | |
| Private | |
| Industry | Retail (convenience stores, fast food) |
| Founded | September 25, 1958 Tulsa, Oklahoma, U.S. |
| Founders | Burt Holmes Chester Cadieux |
| Headquarters | Tulsa, Oklahoma, U.S. |
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Number of locations
|
953 |
|
Key people
|
Chet Cadieux (CEO) |
| Revenue | $11.2 billion (2013) |
|
Number of employees
|
20,920 |
| Website | QuikTrip.com |
The QuikTrip Corporation, more commonly known as QuikTrip (QT), is a Tulsa, Oklahoma-based chain of convenience stores that primarily operates in the Midwestern, Southern, and Southeastern United States.
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. 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.)
QuikTrip has been consistently listed among Fortune'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 QuikTrip often uses this fact in recruiting new employees. QuikTrip also ranked 30th on Forbes magazine's list of largest private companies in 2013.
The first QuikTrip store was opened in a Tulsa, Oklahoma strip mall in 1958, which sold a limited selection of groceries with high prices for the convenience. 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.
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Wikipedia