I am close w some people that are close friends with the Krause family (owners of K&G) they have a major complex when it comes to Casey’s and QT. I know they’ve tried to break into some of QTs stronghold markets and have failed pretty miserably at it.
Are you an SAE?
K&G built a huge office downtown Des Moines and it’s literally across the street from one of the last QTs in town. Which I find funny.
But as MIR said, Kwik Trip/Star is on a whole different level. Hand breaded chicken tender, angus cheeseburgers and this ridiculously cheap gas they market as E88 to fill up the rental car before returning. So much to love.
Hm no, I have family in DSM.
The new headquarters is amazing, but put some serious financial hardship on the company. Think they spent almost 200 million on it.
Couldn't have hurt them too bad. They committed $550 million to the soccer stadium, the site cleanup, and the district around the stadium.
The family has plenty of money, K&G the company did not have the kind of assets to cover that cost, so the family had to put up a bunch of collateral/cash to cover it.
They seem like nice people, and have done a lot to help DSM. Think that was the main reason behind the insane hq building, they wanted a gem for the city to be proud of. It’s beautiful.