Hannasch recently told investors that Circle K has experienced lower traffic levels which have caused sluggish merchandise sales across all channels. This trend has baffled the company and it has been working with some of its key supplier partners to figure out why this is happening. In terms of sagging tobacco sales, the company has noticed a weakness in the Midwest and Southeast where winter storms led to less traffic and weaker sales than usual.
For all the latest news from Couche-Tard, visit corpo.couche-tard.com/en.
