Iowa’s Casey’s General Stores buys Fargo-based Stop-n-Go chain
FARGO — The familiar stoplight-themed signs of Stop-n-Go convenience stores will soon be no more as Iowa-based Casey’s General Stores Inc. has purchased the Fargo-based regional chain.
The acquisition will likely be finalized in early May, said Bill Walljasper, senior vice president and chief financial officer for Casey’s General Stores.
“We have been eyeing for several years, trying to expand into that area,” Walljasper said. “We certainly noticed Stop-n-Go as a very strong competitor. We’re always looking for an opportunity to build or buy.”
The 24 stores in North Dakota and Minnesota will be rebranded as soon as the sale is finalized, Walljapser said.
Many, if not all, will be remodeled, adding in Casey’s prepared food operation, which includes fresh-made pizzas, made-to-order sub sandwiches and doughnuts, he said.
Walljasper said the acquisition is a “springboard for hopefully more development in the state.”
Casey’s expansion plans for the current fiscal year include building or acquiring 70 to 100 stores, Walljasper said. It now has more than 1,770 stores in 14 states.