Ankeny, Iowa — The leaders of the Ankeny-based Casey’s convenience store chain laid out their three-year plan last Wednesday in an event for investors.
CEO Darren Rebelez says their goal is to open 350 new stores in the next three years. He says they want to continue to their focus of putting stores in rural areas and smaller cities.
The company added 354 stores in the last three years, giving it more than 25-hundred stores. He says their three distribution centers in Ankeny, Missouri and Indiana make it easier for them to add stores. Rebelez says the ability to add more stores is important.
Rebelez says Casey’s would like its new stores in the next three years to be a 50-50 mix of new and acquired stores, but is positioned to change that mix if there were favorable acquisitions available. The company has three stores that doesn’t sell gasoline, including one near Drake University in Des Moines, and Rebelez says they will consider more.
The company has some 300 of its own line of branded products, and he says they will look at increasing those.
The company plans to make its thin crust pizza permanent and increase other prepared food offerings as well. Rebelez says Casey’s is the fifth largest pizza chain in the country.
