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Circle K Comes on Strong with Foray into Loop Market
Convenience store brand Circle K is making a bet on downtown Chicago, leasing smaller-format outlets in and around the Loop, reported the Chicago Sun-Times. The company website lists 10 sites in the downtown area as “opening soon.”
The first, at 190 W. Madison St., is expected to open by the end of August, said a company spokesman, with others to follow in coming weeks.
“We’re growing the Circle K brand,” he said. “We are finding new ways to meet customers where they are.”
The spokesman said the company’s urban formats are about half the size of typical highway locations and don’t have gas pumps or car washes. Chicago, he said, provided a “unique opportunity to secure some space.”
The company’s interest is welcome news for landlords of commercial buildings who have been stuck with vacant street-level frontage since the pandemic kept customers away, the Sun-Times reported.
- ◦Lease
