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Coborn’s sells 14 stores to Holiday Stationstores
The move reflects Coborn’s recent strategy to focus on grocery over convenience
1 Min Read
St. Cloud, Minn.-based Coborn’s has decided to focus on growth in the grocery store market over its convenience holdings.Holiday
Coborn’s has sold 14 Holiday-franchised fuel and convenience stores and one developmental site to Holiday Stationstores LLC, a chain of gasoline and convenience stores and a subsidiary of Canadian operator Alimentation Couche-Tard.
St. Cloud, Minn.-based Coborn’s has decided to focus on growth in the grocery store market over its convenience holdings, according to the company’s CEO and Chairman Chris Coborn.
“The transaction provides continuity to our store employees and customers as the stores will remain Holiday branded and continue to accept the Coborn’s MORE Rewards programs,” he said.
The Coborn’s network consists of 77 grocery stores across Minnesota, North Dakota, South Dakota, Wisconsin, Michigan, and Illinois and operate under the following names: Coborn’s, Cash Wise Foods, Hornbacker’s, Tadych’s Marketplace Foods, and Sullivan’s Foods banners.
