QuikTrip Corporation · Tulsa, OK United States
Company Description
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This link will open in a new window QuikTrip provides a quick fix for those on the go. QuikTrip (QT) owns and operates some 525 gasoline/convenience stores in nine states, mostly in the central US. QT stores, which average 4,200 to 5,000 sq. ft., feature the company's own QT brand of gas and diesel fuel, as well as brand-name beverages, candy, and tobacco, and QT's Quik 'n Tasty and HOTZI lines of sandwiches. QT's 15-plus travel centers offer scales, food, fuel, showers, and other services for truckers. The firm's FleetMaster program offers commercial trucking companies detailed reports showing drivers' product purchases, amounts spent, and odometer readings. QT was co-founded in 1958 by chairman Chester Cadieux. His son Chet runs the company. To read the full description, subscribe now.
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Key QuikTrip Corporation Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | April |
| 2008 Sales (mil.) | $7,700.0 |
| 2008 Employees | 10,745 |
QuikTrip Corporation Executives
23 executives listed for QuikTrip Corporation's Tulsa, OK location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Chester Cadieux | Network |
| SVP Store Operations | Mike Stanford | Network |
| Sandra Westbrook | Network |
Competition
Competitive Landscape for QuikTrip Corporation
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 QuikTrip Corporation Competitors
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