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Quik Trip Course Project

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Submitted By DEvans
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Darryl Evans
MAN 5245 1-M
COURSE PROJECT

Abstract
Quik Trip Corporation (abbreviated QT) is a privately held company headquartered in Tulsa, OK. Founded in 1958, Quik Trip has grown to a more than $11 billion organization with 700+ stores in eleven states. Those revenues place Quik Trip high on Forbes listings of largest privately held companies. Quik Trip’s strategy is to be the dominant convenience/gasoline retailer in each market and to reach that level not through sheer numbers of stores, but through key, high-volume locations. With over 18,600 employees, Fortune’s has ranked Quik Trip on the list of The Best Companies to Work For. This accomplished has been in effect the last thirteen years. Quik Trip also gives back to the communities it serves, donating 5% of net profits to charitable organizations. (Quik Trip official website: www.quiktrip.com)

Quik Trip
Quik Trip (abbreviated QT) is a Tulsa, Oklahoma-based chain of convenience stores which primarily operates in the Midwestern and Southern United States. The first QT was opened in 1958 in Tulsa by Burt Holmes and Chester Cadieux. The company expanded outside of Oklahoma in 1968, and began selling gasoline in 1971 (Barber, 2007). Chester’s son, Chet, Jr., is the current CEO. Since 1991, Quik Trip has promoted its gasoline as “high-quality” with an unconstitutional guarantee. In 2005, QT and Chevron were the first two retailers to earn a “Top Tier” rating from General Motors, BMW, Honda, Volkswagen, Audi, and Toyota (Quik Trip Gasoline official website).
Quik Trip Corporation is a privately held company headquartered in Tulsa, Oklahoma. Founded in 1958, QT has grown to a more than $11 billion organization with 700+ stores in eleven states. Those revenues place Quik Trip high on Forbes listing of largest privately held companies. Quik Trip’s strategy is to be the dominant

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