Krause Gentle Corp. · West Des Moines, IA United States
Company Description
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This link will open in a new window If you're in a hurry in Iowa, Krause Gentle provides an assist. The company runs more than 400 Kum & Go convenience stores, mostly in Iowa, but also in a dozen other Midwestern and western states. The stores provide basic gas station amenities, as well as the company's private-label line (Hiland) of coffee, potato chips, sandwiches, and other foods. The company has more than doubled its Kum & Go store count since 1997 mostly through acquisitions. Solar Transport, a petroleum products and fertilizer hauler, Liberty Bank, and the Des Moines Menace soccer team are affiliated with Krause Gentle, which was founded in 1959. The founding Krause and Gentle families still own and run Krause Gentle. To read the full description, subscribe now.
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Key Krause Gentle Corp. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Employees | 13 |
Krause Gentle Corp. Executives
12 executives listed for Krause Gentle Corp.'s West Des Moines, IA location.
| Title | Name & Bio | Contact |
| Chairman | William Krause | Network |
| President and CEO | Kyle Krause | Network |
| COO | Dennis Folden | Network |
Competition
Competitive Landscape for Krause Gentle Corp.
Demographics and small business growth drive demand, and spending in warehouse clubs generally resists economic cycles. The profitability of individual companies depends on high volume sales, low-cost purchasing, and efficient distribution. Large chains dominate the market due to advantages in purchasing, distribution, and finance. Average annual revenue per employee is about $304,000. Warehouse clubs have grown rapidly. Industry sales increased at an annual average rate of 35 percent between 1998 and 2008, compared to 16 percent for all general merchandise stores. The number of warehouse club stores more than doubled between 1998 and 2008, with expansion coming at the expense of grocery stores and department stores. Warehouse clubs differ from superstores by requiring a membership to shop. Superstores typically offer a wide range of products, while warehouse clubs offer a limited selection. Both types of retailers sell products across many categories including food, and both compete with grocery stores, mass merchandisers, department stores, drugstores, specialty retailers, and wholesalers. Some retailers, such as Wal-Mart, operate warehouse and superstores as well as traditional discount stores. To read the full description, subscribe now.Top Krause Gentle Corp. Competitors
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