Casey's Retail Company (

doing business as A trade name, trading name, or business name is a pseudonym used by companies that do not operate under their registered company name. The term for this type of alternative name is fictitious business name. Registering the fictitious name with ...

Casey's) is a chain of convenience stores in the

Midwestern The Midwestern United States (also referred to as the Midwest, the Heartland or the American Midwest) is one of the four census regions defined by the United States Census Bureau. It occupies the northern central part of the United States. It ...

and

Southern United States The Southern United States (sometimes Dixie, also referred to as the Southern States, the American South, the Southland, Dixieland, or simply the South) is List of regions of the United States, census regions defined by the United States Cens ...

. The company is headquartered in

Ankeny, Iowa Ankeny (, ) is a city in Polk County, Iowa, United States and a suburb of the state capital of Des Moines, Iowa, Des Moines, as part of the Des Moines metropolitan area. As of the 2020 United States census, 2020 census, the population of Ankeny ...

, a suburb of

Des Moines Des Moines is the List of capitals in the United States, capital and List of cities in Iowa, most populous city in the U.S. state of Iowa. It is the county seat of Polk County, Iowa, Polk County with parts extending into Warren County, Iowa, Wa ...

. As of October 1, 2023, Casey's had 2,500 stores in 16 states. Following

7-Eleven 7-Eleven, Inc. is an American convenience store chain, headquartered in Irving, Texas. It is a wholly owned subsidiary of Seven-Eleven Japan, which in turn is owned by the retail holdings company Seven & I Holdings. The chain was founde ...

's purchase of

Speedway Speedway may refer to: Racing Race tracks *Daytona International Speedway, a race track in Daytona Beach, Florida. *Edmonton International Speedway, also known as Speedway Park, a former motor raceway in Edmonton, Alberta. *Indianapolis Motor Spe ...

, Casey's is the 3rd largest convenience store chain in the

United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...

(after 7-Eleven and

Circle K Circle K Stores, Inc. is a Canadian-American chain of convenience stores headquartered in Tempe, Arizona, and owned by Alimentation Couche-Tard, Alimentation Couche-Tard, Inc., based in Laval, Quebec. Founded in 1951 in El Paso, Texas, the comp ...

/ Couche-Tard) and the largest that is wholly American-owned. It is one of two Iowa-based

Fortune 500 The ''Fortune'' 500 is an annual list compiled and published by ''Fortune (magazine), Fortune'' magazine that ranks 500 of the largest United States Joint-stock company#Closely held corporations and publicly traded corporations, corporations by ...

companies. Casey's is famous for their

pizza Pizza is an Italian cuisine, Italian, specifically Neapolitan cuisine, Neapolitan, dish typically consisting of a flat base of Leavening agent, leavened wheat-based dough topped with tomato, cheese, and other ingredients, baked at a high t ...

including a breakfast pizza and a taco pizza resulting in Casey's being the fifth largest pizza chain in the U.S.

History

In 1959, Donald Lamberti leased a service station in

Des Moines, Iowa Des Moines is the List of capitals in the United States, capital and List of cities in Iowa, most populous city in the U.S. state of Iowa. It is the county seat of Polk County, Iowa, Polk County with parts extending into Warren County, Iowa, Wa ...

, from his father. After he had successfully remodeled the station into a convenience store and operated it for nine years, his gasoline supplier and friend, Kurvin C. (K.C.) Fish, suggested that he purchase the Square Deal Oil Company, a service station available for sale in

Boone, Iowa Boone ( ) is a city in Des Moines Township, Boone County, Iowa, Des Moines Township, and county seat of Boone County, Iowa, United States. It is the principal city of the Boone, Iowa Micropolitan Statistical Area, which encompasses all of Boone ...

. Lamberti followed Fish's advice and purchased the station, which he renamed "Casey's" after Fish, then converted it into a convenience store. The logo on the Boone store was used by the chain until 2020. The Boone store (located in a town of only 12,500) did well, so Lamberti decided to see if he could duplicate his success. He built another store in

Creston, Iowa Creston is a city in and the county seat of Union County, Iowa. The population was 7,536 at the time of the United States Census, 2020, 2020 Census. History Creston was originally settled in 1868 as a survey camp for the Burlington and Missou ...

(population 7,000), and that store did well also. Lamberti became more ambitious and decided to open a store from scratch in the even smaller town of Waukee, Iowa (population 1,500 at the time). The Waukee store proved to be the most successful of the three, so Lamberti decided to purchase and open more stores, concentrating on towns of less than 5,000 population.

1970s–1990s

By the late 1970s the chain had 118 stores and opened its first warehouse. The original store, operated by Lamberti's parents, entered the Casey's fold in 1977. In 1982, Casey's opened its first Distribution Center in Urbandale, Iowa. Casey's became a publicly traded company in October 1983, with an initial public offering of 700,000 shares. Around this time Casey's began to sell doughnuts and pizza in its stores. The store also briefly introduced fried chicken before abandoning the endeavor. In 1990, Casey's moved to its current facility in Ankeny, Iowa. Casey's 1,000th store opened in Altoona, Iowa, in 1996, the same year Casey's exceeded US$1 billion in annual sales. In 1998, Lamberti stepped down from his role as CEO and became the company's chairman. He retired in 2002.

2000s–2020s

In January 2006, Casey's purchased

Lincoln, Nebraska Lincoln is the List of capitals in the United States, capital city of the U.S. state of Nebraska. The city covers and had a population of 291,082 as of the 2020 census. It is the state's List of cities in Nebraska, second-most populous city a ...

-based Gas 'N Shop. On August 7, 2006, Casey's agreed to purchase the 33-store HandiMart chain, based in

Cedar Rapids, Iowa Cedar Rapids is a city in Linn County, Iowa, United States, and its county seat. The population was 137,710 at the 2020 United States census, 2020 census, making it the List of cities in Iowa, second-most populous city in Iowa. The city lies o ...

, in a $63 million deal. In March 2010,

Alimentation Couche-Tard Alimentation Couche-Tard Inc., or simply Couche-Tard, is a Canadian multinational operator of convenience stores. The company operates approximately 16,700 stores across Canada, the United States of America, United States, Mexico, Ireland, Norway ...

(operator of several convenience store chains, including

) offered $1.9 billion for control of the company, and later announced a

proxy fight A proxy fight, proxy contest or proxy battle is an unfriendly contest for control over an organization. The event usually occurs when a corporation's stockholders develop opposition to some aspect of the corporate governance, often focusing on dir ...

for control. Casey's rejected Couche-Tard's offer and was successful in September 2010 in retaining its board of directors against Couche-Tard's nominated slate. While Casey's and Couche-Tard were battling for company control, in September 2010,

offered a $2 billion bid for control of the company. Casey's and 7-Eleven engaged in discussions, but in November 2010 elected not to proceed with a merger. In April 2016, Casey's opened a distribution center in

Terre Haute, Indiana Terre Haute ( ) is a city in Vigo County, Indiana, United States, and its county seat. As of the 2020 United States census, 2020 census, the city had a population of 58,389 and Terre Haute metropolitan area, its metropolitan area had a populati ...

, the company's second. Casey's announced in 2017 that it plans to open about 10 new locations in western Ohio. Casey's announced plans in August 2018 to build a store in Huber Heights, Ohio. In 2018 Casey's announced under increasing pressure from outside investors to adopt a range of new digital initiatives including a new

Fleet Card A fuel card or fleet card is used as a payment card most commonly for gasoline, diesel, and other fuels at gas stations. Fleet cards can also be used to pay for vehicle maintenance and expenses at the discretion of the fleet owner or manager. Mos ...

, mobile app, and loyalty program for Casey customers. The CEO announced in late 2018 the initiative would be complete by Quarter 1 of 2020.

2020–present

In October 2020, Casey's announced a rebranding, including a new logo and dropping 'General Stores' from its signage (though it remained in the legal corporate name until 2022). In November 2020, Casey's announced it was acquiring Omaha-based Bucky's Convenience Stores, a 94 store chain, in a $580 million deal. In April 2021, Casey's opened a third distribution center in Joplin, Missouri. In May, it closed its acquisition of Buchanan Energy and became the owner of 94 Bucky's Convenience Stores. As part of the deal, Casey's was ordered to divest six stores to appease regulators. In September, Casey's purchased 38 Pilot Food Mart locations and two truck stop locations from

Pilot Corporation A pilot is a person who flies or navigates an aircraft. Pilot or The Pilot may also refer to: Common meanings * Maritime pilot, a person who guides ships through hazardous waters * Television pilot, a television episode used to sell a series to ...

. The locations in

East Tennessee East Tennessee is one of the three Grand Divisions of Tennessee defined in state law. Geographically and socioculturally distinct, it comprises approximately the eastern third of the U.S. state of Tennessee. East Tennessee consists of 33 coun ...

, around the

Knoxville Knoxville is a city in Knox County, Tennessee, United States, and its county seat. It is located on the Tennessee River and had a population of 190,740 at the 2020 United States census. It is the largest city in the East Tennessee Grand Division ...

area, were owned by the Haslam family outright and not part of the company's national truck stop chain jointly-owned by Pilot,

Berkshire Hathaway Berkshire Hathaway Inc. () is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Originally a textile manufacturer, the company transitioned into a conglomerate starting in 1965 under the management of c ...

, and FJ Management. In August 2023, Casey's purchased 63 Minit Mart and Certified Oil locations in

Kentucky Kentucky (, ), officially the Commonwealth of Kentucky, is a landlocked U.S. state, state in the Southeastern United States, Southeastern region of the United States. It borders Illinois, Indiana, and Ohio to the north, West Virginia to the ...

and

Middle Tennessee Middle Tennessee is one of the three Grand Divisions of Tennessee that composes roughly the central portion of the state. It is delineated according to state law as 41 of the state's 95 counties. Middle Tennessee contains the state's capital an ...

, with plans to convert those stores into Casey's locations; the deal closed in October. In November of that year, Casey's expanded into

Texas Texas ( , ; or ) is the most populous U.S. state, state in the South Central United States, South Central region of the United States. It borders Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the we ...

with the purchase of 22 convenience stores mainly in North Texas. In July 2024, Casey's purchased Fikes Wholesale, Inc., including its chain of CEFCO convenience stores, in a $1.145B all-cash transaction. The deal, which closed in November 2024, added nearly 200 stores and expanded Casey's further into Texas as well as for the first time into the states of

Alabama Alabama ( ) is a U.S. state, state in the Southeastern United States, Southeastern and Deep South, Deep Southern regions of the United States. It borders Tennessee to the north, Georgia (U.S. state), Georgia to the east, Florida and the Gu ...

Florida Florida ( ; ) is a U.S. state, state in the Southeastern United States, Southeastern region of the United States. It borders the Gulf of Mexico to the west, Alabama to the northwest, Georgia (U.S. state), Georgia to the north, the Atlantic ...

, and

Mississippi Mississippi ( ) is a U.S. state, state in the Southeastern United States, Southeastern and Deep South regions of the United States. It borders Tennessee to the north, Alabama to the east, the Gulf of Mexico to the south, Louisiana to the s ...

. In October 2024, Casey's purchased the naming rights to the Wells Fargo Arena, renaming it Casey's Center on July 1, 2025.

Operations

As of January 2025, Casey's has over 2,600 stores across these states: *

Arkansas Arkansas ( ) is a landlocked state in the West South Central region of the Southern United States. It borders Missouri to the north, Tennessee and Mississippi to the east, Louisiana to the south, Texas to the southwest, and Oklahoma ...

Illinois Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. It borders on Lake Michigan to its northeast, the Mississippi River to its west, and the Wabash River, Wabash and Ohio River, Ohio rivers to its ...

Indiana Indiana ( ) is a U.S. state, state in the Midwestern United States, Midwestern region of the United States. It borders Lake Michigan to the northwest, Michigan to the north and northeast, Ohio to the east, the Ohio River and Kentucky to the s ...

Iowa Iowa ( ) is a U.S. state, state in the upper Midwestern United States, Midwestern region of the United States. It borders the Mississippi River to the east and the Missouri River and Big Sioux River to the west; Wisconsin to the northeast, Ill ...

Kansas Kansas ( ) is a landlocked U.S. state, state in the Midwestern United States, Midwestern region of the United States. It borders Nebraska to the north; Missouri to the east; Oklahoma to the south; and Colorado to the west. Kansas is named a ...

Michigan Michigan ( ) is a peninsular U.S. state, state in the Great Lakes region, Great Lakes region of the Upper Midwest, Upper Midwestern United States. It shares water and land boundaries with Minnesota to the northwest, Wisconsin to the west, ...

Minnesota Minnesota ( ) is a U.S. state, state in the Upper Midwestern region of the United States. It is bordered by the Canadian provinces of Manitoba and Ontario to the north and east and by the U.S. states of Wisconsin to the east, Iowa to the so ...

Missouri Missouri (''see #Etymology and pronunciation, pronunciation'') is a U.S. state, state in the Midwestern United States, Midwestern region of the United States. Ranking List of U.S. states and territories by area, 21st in land area, it border ...

Nebraska Nebraska ( ) is a landlocked U.S. state, state in the Midwestern United States, Midwestern region of the United States. It borders South Dakota to the north; Iowa to the east and Missouri to the southeast, both across the Missouri River; Ka ...

North Dakota North Dakota ( ) is a U.S. state in the Upper Midwest, named after the indigenous Dakota people, Dakota and Sioux peoples. It is bordered by the Canadian provinces of Saskatchewan and Manitoba to the north and by the U.S. states of Minneso ...

Ohio Ohio ( ) is a U.S. state, state in the Midwestern United States, Midwestern region of the United States. It borders Lake Erie to the north, Pennsylvania to the east, West Virginia to the southeast, Kentucky to the southwest, Indiana to the ...

Oklahoma Oklahoma ( ; Choctaw language, Choctaw: , ) is a landlocked U.S. state, state in the South Central United States, South Central region of the United States. It borders Texas to the south and west, Kansas to the north, Missouri to the northea ...

South Dakota South Dakota (; Sioux language, Sioux: , ) is a U.S. state, state in the West North Central states, North Central region of the United States. It is also part of the Great Plains. South Dakota is named after the Dakota people, Dakota Sioux ...

Tennessee Tennessee (, ), officially the State of Tennessee, is a landlocked U.S. state, state in the Southeastern United States, Southeastern region of the United States. It borders Kentucky to the north, Virginia to the northeast, North Carolina t ...

Wisconsin Wisconsin ( ) is a U.S. state, state in the Great Lakes region, Great Lakes region of the Upper Midwest of the United States. It borders Minnesota to the west, Iowa to the southwest, Illinois to the south, Lake Michigan to the east, Michig ...

Notes

References

External links

Official website

Blog

at FundingUniverse.com {{S&P 400 companies Convenience_stores Companies listed on the Nasdaq Ankeny, Iowa Companies based in Iowa Economy of the Midwestern United States Convenience stores of the United States Retail companies established in 1968 1968 establishments in Iowa American companies established in 1968 Restaurants established in 1968 Companies in the S&P 400 Iowa culture