Core-Mark Inks 3-Year Agreement With Turkey Hill
Packaged-goods distributor Core-Mark wants to be king of the hill. Turkey Hill, that is. It announced that it has signed a three-year distribution agreement with the Turkey Hill subsidiary of supermarket chain Kroger .
Turkey Hill, located in Lancaster, Pa., is the largest of the Kroger's convenience divisions, operating 271 convenience stores across Pennsylvania, Ohio, and Indiana under the names Turkey Hill Minit Marts and Turkey Hill Market, which is a sister company to Turkey Hill Dairy. Core-Mark already services more than 400 of Kroger's stores
Core-Mark CEO Tom Perkins said: "The addition of Turkey Hill represents a further strengthening of our commitment to support the Kroger Convenience Division's initiatives and leverage both our companies' resources to reach higher levels of performance. We are very pleased to begin this relationship with an exceptional convenience store brand and are focused on building a great partnership."
Core-Mark provides distribution and logistics services to more than 29,000 retail locations across the U.S. and Canada through 28 distribution centers. It services traditional convenience retailers; grocers; mass merchandisers; drug, liquor, and specialty stores; and other stores that carry packaged consumer goods.
Core-Mark was founded in 1888 and had more than $6.9 billion in revenues at the end of 2012.
The article Core-Mark Inks 3-Year Agreement With Turkey Hill originally appeared on Fool.com.Fool contributor Rich Duprey and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.