Kum & Go owners reportedly consider sale
The c-store chain is owned by the Krause family, who founded the chain more than six decades ago.
The c-store chain also in February announced it would deploy floor-scrubbing robots across all of its stores to free up time for its employees, Retail Leader reported.
The number of convenience stores in the U.S. has continued to decline during the past several years. According to a 2022 report from the National Association of Convenience Stores (NACS), 148,026 c-stores operated in the U.S. in December 2021, about one c-store for every 2,246 people. That was about 1.5% fewer stores than in 2020, which NACS attributed to struggles imposed by the COVID-19 pandemic and overall consolidation in the convenience industry.