Overview
Alimentation Couche-Tard of Laval, Quebec, operates convenience stores selling goods for immediate consumption, road-transport fuel and other products through company-operated and franchised stores in the United States, Europe and other regions, and Canada.[2] Forbes records it was founded in 1980 by Alain Bouchard, Jacques D’Amours, Richard Fortin and Réal Plourde.[2] Sales were US$73.3bn, 1.4% lower than the prior-year figure, and profit US$2.7bn.[2] Despite the decline it moved from fifteenth to fourteenth because Seven & i’s dollar sales fell further; the two companies are the largest convenience-store operators in the ranking. Forbes counts 146,000 employees.[2]
Alimentation Couche-Tard strengths and limitations
Strengths
- Largest Canadian retailer by sales
- Moved up one place
- International store network
Limitations
- Sales fell 1.4%
- Fuel sales depend on oil prices
- Profit margin 3.7%
Appears in
Alimentation Couche-Tard peers and competitors
Companies ranked in the same lists as Alimentation Couche-Tard.
- George Weston
- Royal Bank of Canada
- Lowe’s
- JD.com
- Home Depot
Kroger- Alibaba Group
Ahold Delhaize
Target- Tesco PLC
- Carrefour SA
- AEON
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