US retailer Publix has announced plans to divest its Pix convenience chain as part of plans to focus on its core supermarket operations.
Publix said today (23 October) that Circle K Stores, a subsidiary of French retailer Couche-Tard, will purchase 13 sites of which 11 are located in Florida and two in Georgia. Family-owned Max Arnold & Sons will purchase the site located in Tennessee.
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Publix began testing the Pix fuel/c-store concept in 2001. However, the company said the sale followed an evaluation of the business, including the products and services it offers.
“The sale of Pix locations gives us the ability to remain passionately focused on our core business, our customers and the products and services we offer within our grocery retail environment,” said CEO Ed Crenshaw.
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