Minit Mart Foods Inc.

Fred’s Minit Mart LLC
Minit Mart Foods Inc.
Private
Industry Retail (Convenience stores)
Founded Lexington, Kentucky in 1967
Founder Ralph and Fred Higgins
Headquarters Bowling Green, Kentucky, United States
Number of locations
 38 (as of 2015) [1]
Key people
 Fred Higgins CEO & Current Manager [2]
Products Marathon gasoline
Godfather’s Pizza[3]
O’Deli’s sub shops
Services Fuel
Fast food
Convenience store
Revenue Unknown
Number of employees
 Unknown
Website Minit Mart homepage

Fred’s Minit Mart LLC, otherwise known as Minit Mart Foods Inc. is a chain of convenience stores operating in south central and western Kentucky, northern middle Tennessee, and eastern Wisconsin. Its corporate offices are located in Bowling Green, Kentucky, and the chain consists of 31 locations scattered around the region.

History

The early days

In 1967, Fred Higgins, and his father, Ralph, founded a convenience store, known by the name of Minit Mart. By the time Fred graduated from the law school at the University of Kentucky in the spring of 1969, he expanded the operation to a chain of six locations in the metro Lexington area.[4]

Fred Higgins served in the U.S. Army in the time between 1969 and 1972. When he returned in 1972, Minit Mart Foods became incorporated with 16 locations. After that time, Fred began acquiring single convenience stores and select sites on which to build new locations across Kentucky.

During the 1970s, Minit Mart became one of the first convenience store chains to add gas pumps to their locations. an innovation that has changed the way Americans buy gasoline for their transportation vehicles. Marathon brand gasoline has been part of Minit Mart’s offered services since then. Minit Mart has been at the forefront of adding delis and game machines during the same decade. Minit Mart started offering videotaped movie rentals when the VHS format gained popularity in the very late 1970s and early 1980s after it beat out the Betamax videocasette format. DVD movie rentals began to be utilized by Minit Mart around the dawn of the then-new millennium around the year 2000.

Ralph Higgins, the co-founder, played an active role in the management of Minit Mart Foods Inc until his 1987 death.

Expansion into Tennessee

Minit Mart began to expand in Tennessee in 1988 after acquiring 19 Bread Box convenience stores. After that point, Minit Mart had 87 stores in Kentucky and Tennessee. Many locations included Godfather’s Pizza, O’Deli’s, Baskin-Robbins Ice Cream, and Taco Bell Express, thereby grossing $250 million each year, and employing exactly 1,200 people.

Operation changes

In 1998, Fred lost his 25-year-long-time wife to a battle of cancer she was fighting since the diagnosis in 1978. After the loss of his wife, he and the management team thought that it was time that the convenience store chain is in for a change. In 2001, Minit Mart Foods leased its operations to Clark Retail, retaining ownership of the assets. In addition to Clark’s original 600 stores, that company also acquired several other chains in the Midwestern United States, mainly in Indiana and Illinois, growing to approximately 1,200 stores. Competition, however, was intense during that time, and Clark eventually ended up in bankruptcy. After filing for bankruptcy, Clark returned 37 stores to Minit Mart Foods Inc.

Fred’s Minit Mart LLC had taken over the operation in August 2003. A management team was formed, and 34 locations remained in operation.

Current slate and recent history

In the present day, Minit Mart operates 34 locations. Most of them are in Kentucky, but there are two locations operating in Clarksville, Montgomery County, Tennessee, and one in the Cookeville, Tennessee area. All locations are combinations of convenience and grocery shopping, and for many years, feature Marathon Gasoline.[5] Godfather’s Pizza and O’Deli’s sub shops continued to be offered in most locations.[6][7] In addition to those two, most Minit Mart locations also offer World Blends fresh coffee (formerly CuppaJoe), and Minit Mix.

In 2007, Minit Mart really had the business boost of the store's life when customers took advantage of Godfather's Pizza Large 1-topping pizza that went for $5.00 that summer [8](later $5.99 in late 2007, and then $7.99 between Spring 2008 and Summer 2010). Regular prices returned in 2009.

In 2008, Minit Mart introduced Minit Mix, a fountain drink that allows customers to create a soft drink mixed with certain flavors, including vanilla, cherry, and several others. It’s a similar service to Coca-Cola’s Freestyle machines that were introduced in certain fast food chains several years later.[9][10]

Beginning in 2012, all Minit Mart locations added ATM kiosks without service charges.

During the early 2010s, Minit Mart renovated their location in Glasgow.

Also in the early 2010s, a new building was built to house the Minit Mart location in Brownsville just a couple hundred feet from the original location. The old building was destroyed a few weeks after the completion and official opening of the new present building due to old age. The destruction of the old building made way for a larger parking lot, a few more entrances, and more fuel pumps.

In 2015, Fred Higgins sold the Minit Mart convenience store chain to TravelCenters of America for $67 million.[11][12] In January 2015, Minit Mart purchased additional stores and rebranded them, including a few in the Jackson Purchase region of western Kentucky, including one in Paducah, and one in Centerville, Indiana. [1]

In late March 2016 TCA closed on the purchase of Quality State Oil's "QMart Marketplace" 17-store chain of convenience stores based in Sheboygan, Wisconsin, which were immediately converted into Minit Mart locations.[13]

Pizza sales

According to Minit Mart's Facebook post on June 17, 2015, two Godfather's Pizza locations within the Minit Mart chain has been listed as the tfirst and second place in terms of pizza sales. The location in Brownsville (Edmonson County) had the highest sales of any non-traditional location in the entire Godfather's Pizza chain nationwide, with one of Minit Mart's Bowling Green locations taking second place.

Competition in the region

Minit Mart’s main competitors include Jr. Food Stores and Crossroads IGA locations. Both of those chains are owned by Houchens Industries, which also owns their flagship supermarket chain, Houchens Markets, and several IGA Foodliner stores in south central Kentucky. Minit Mart’s other competitors include several locally-owned convenience stores around southern Kentucky, some of which offer pizza and/or fried chicken, as well as some Speedway locations. Phillips 66-branded stores under the name “Traveler’s Food Plaza” in areas around Glasgow, Edmonton, and Tompkinsville, Kentucky also competed with Minit Mart for quite some time. Gas stations offering rival branded gasoline also often competed with Minit Mart for consumer allegiances.

Key Dates

Community Support

In March 2014, Minit Mart raised almost $43,000 USD from employees and their customers to the MDA, the Muscular Dystrophy Association, during their annual shamrock fundraising campaign they conduct each year. Paper shamrocks were handed to all employees and customers that give a donation, and write their name on them, and display them on the window of the stores. This takes place around St. Patrick's Day, and this fundraiser helps MDA assist people with the disease.[18][19]

See also

References

  1. 1 2 Minit Mart - Blog Post - Minit Mart Adds Additional Kentucky and Indiana Stores
  2. ↑ Management Team | Minit Mart
  3. ↑ Godfather's Pizza | Minit Mart
  4. ↑ "History | Minit Mart".Archived from the original via Wayback Machine on December 21, 2014. Retrieved June 23, 2015.
  5. ↑ Store Locations | Minit Mart
  6. ↑ Fresh Food | Minit Mart
  7. ↑ Godfather's Locations | Minit Mart
  8. ↑ Minit Mart > Welcome to Minit Mart! (from Internet Archive Archived February 24, 2007)
  9. ↑ https://www.youtube.com/watch?v=8gZwFLbCRsA
  10. ↑ https://www.youtube.com/watch?v=4B0sJnZPlD4
  11. ↑ Higgins Sells Minit Mart Stores (from WBKO.com November 18, 2013)
  12. ↑ "History | Minit Mart"
  13. ↑ Lintereur, Josh (31 March 2016). "Sheboygan-based QMart chain sold to Ohio firm". Sheboygan Press. Retrieved 31 March 2016.
  14. ↑ All in the Family for Minit Mart | ConvenienceStoreNews (January 16, 2008)
  15. ↑ Fred Higgins, Minit Marts Honored by Kentucky Associations | ConvenienceStoreNews (November 23, 2008)
  16. ↑ Higgins Hall of Fame
  17. ↑ "TA Acquires 19 GasMart USA Sites". CSPnet.com. CSP Daily News.
  18. ↑ Community Support | Minit Mart
  19. ↑ Minit Mart customers raise funds for MDA at campaign - Bowling Green Daily News: Features

External links

This article is issued from Wikipedia - version of the Thursday, March 31, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.