ST. PAUL, Minn., May 15 /PRNewswire-FirstCall/ -- A major retail
conversion effort is underway in the Pacific Northwest. In early May, CHS
closed a deal to acquire 33 Zip Trip convenience stores in the Spokane,
Wash., area, and immediately began converting the stores from the 76(R)
brand to the Cenex(R) energy brand.
The initial conversion process includes installing new signs and
lighting, and updating graphics on canopies and fuel pumps. When complete,
the stores will all carry the inviting, contemporary Cenex brand image
which features bright colors and strong brand visibility.
"We expect to have almost all of these stores converted within just a
few weeks," according to Bob Schulte, CHS retail financial operations
manager. "At CHS, we have the people, the processes and the partners to
quickly and efficiently convert multi-location retailers to the Cenex
brand, with minimal disruptions to customers. Because payment solutions are
so critical to today's c-store business, we are also working to ensure a
smooth and fast transition to Cenex proprietary credit cards."
CHS is supplying the stores with Cenex gasoline and diesel fuel from
its Laurel, Mont., refinery, and with a full array of retail services such
as training and marketing support.
The newly acquired Zip Trip locations -- together with three other
Cenex retail locations operated by an independent dealer -- make Spokane
the single largest metropolitan market for Cenex convenience stores in the
United States.
CHS Inc. (http://www.chsinc.com) is a diversified energy, grains and
foods company committed to providing the essential resources that enrich
lives around the world. A Fortune 200 company, CHS is owned by farmers,
ranchers and cooperatives, along with thousands of preferred stockholders,
from the Great Lakes to the Pacific Northwest and from the Canadian border
to Texas. CHS supplies energy, crop nutrients, grain, livestock feed, food
and food ingredients, along with business solutions including insurance,
financial and risk management services. The company operates petroleum
refineries/pipelines and manufactures, markets and distributes Cenex(R)
brand refined fuels, lubricants, propane and renewable energy products. CHS
is listed on the NASDAQ at CHSCP.
SOURCE CHS Inc.
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Related links:
http://www.chsinc.com
CONTACT:
Ann Mann of CHS Inc., +1-651-355-4604,
ann.mann@chsinc.com
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