Howdy folks and I’m glad you’ve found yourself back at HHR. Today we’re talking about what’s likely to become a local issue within the next few years, the underperformance of Circle K. Depending on your age, you may remember the giant red K’s, first go at Houston. Despite being founded in El Paso during the 1950s, Circle K has never had an easy go of Houston. Their first attempt at expanding here started in 1983 with their purchase of U-Tote-M Food Stores, from an insurance company that had purchased them as an investment. However, the iconic Totem Poles weren’t immediately …Keep reading
Tag: Circle K
Retail News: Circle K Quietly disposes of 4 Houston locations to newcomer Prime Spot
Strange things are afoot at a few Houston area Circle K locations as they begin to rebrand as Prime Spot. The brand is a new one, with their operations mainly consisting of wholesaling fuel prior to this point. Circle K made its reentry into Houston during a 2018 conversion spree, after purchasing the CornerStore chain of C-Stores in 2016, which had recently been spun off by Valero. Many of these Corner Store locations came from Diamond Shamrock’s acquisition of Stop n Go, with a good number of stores dating back to the 1970s as various independents. While some of these …Keep reading
It’s been how many years since Circle K bought our Corner Store?!
In 1977 the Valero Energy Corporation was formed by the State of Texas, as a successor to a failed natural gas transmission company that Coastal had set up years prior. In connection with the Texas Railroad Authority (nothing to do with railroads), Coastal was allowed to build a multi thousand-mile set of pipelines, that supplied natural gas to city utilities. Most large Texas cities were tied into the Coastal system, with the unobtainable promise that prices would never rise. Then the Energy Crisis of the 70s hit, natural gas prices skyrocketed and all of a sudden Coastal’s pipeline subsidiary was …Keep reading
Random Retail Photos
This week’s post is a bit late. However, it’s unique! It’s a collection of Random Retail Photos, I have taken over the summer. I’ll try to provide a bit of background for each photo, but there’s no overall theme. Let me know if you guys enjoyed this. I’ve always got tons of Random Retail Photos I never post. Timmy Chan Restaurants 2606 Fannin Street | 3700 Buffalo Speedway I snagged this photo of an old Timmy Chan’s Advertisement. Neither location is still operating. I believe the Mid-Town location is the original. These locations closed some time in the 70s or …Keep reading