Hy-Vee has acquired four QuikTrip convenience store locations in metropolitan Des Moines, Iowa.
Financial terms of the transaction with Tulsa, Okla.-based QuikTrip Corp., announced yesterday, weren’t disclosed. Plans call for Hy-Vee to convert the QuikTrip stores to its Hy-Vee Fast & Fresh Express fuel and convenience store banner and reopen them on March 20.
The QuikTrip locations being acquired are in Clive, Urbandale, Johnston and Windsor Heights, Iowa. Renovations on the stores, now closed, are expected to begin shortly, Hy-Vee said.
In additional to traditional c-store offerings, Hy-Vee Fast & Fresh Express carry a range of meal and snack options, including a fresh food express counter serving breakfast and burgers, Nori Sushi, healthy home meal choices, Hy-Vee Short Cuts grab-and-go fruit and vegetables, fresh fried donuts and bakery items, among other food choices.
Hy-Vee noted that each of the new locations also will have a wine and spirits section, and customers filling up their gas tanks will be able to redeem Hy-Vee Fuel Saver + Perks points. Store hours will be 5 a.m. to 11 p.m. seven days a week.
West Des Moines-based Hy-Vee operates 22 stores under the Fast & Fresh banner in Iowa, Minnesota and Illinois, including 18 Fast & Fresh Express and four Fast & Fresh locations.
In late January, Hy-Vee unveiled plans to buy six former Shopko stores in Iowa and convert them to its Hy-Vee Dollar Fresh format. The locations — in Hampton, Cresco, Oelwein, Waukon, Dyersville and Vinton — are slated to reopen under the Dollar Fresh banner by late summer.
Targeted at smaller communities, the Dollar Fresh stores offer an assortment of fresh and new products at low prices, according to Hy-Vee. The first Dollar Fresh opened in Osceola, Iowa, in the fall of 2018. Hy-Vee operates five other Dollar Fresh stores in Centerville, Creston, Emmetsburg and Toledo, Iowa, and in West Point, Neb.
Overall, Hy-Vee has more than 265 stores in eight Midwestern states. The retailer also operates an array of small-store concepts ranging from under 10,000 square feet to over 30,000 square feet. Along with Fast & Fresh and Dollar Fresh, they include one HealthMarket healthy lifestyles store and the first urban-format Hy-Vee store, called Fourth + Court (at Fourth Street and Court Avenue in downtown Des Moines).