Kum & Gone

jdcyclone19

Well-Known Member
Apr 14, 2017
3,548
4,876
113
Iowa
FJ Management is a private company that owns convenience stores, oil refineries, banks and insurance businesses. In addition to Maverik, the company co-owns Pilot Flying J, the country's largest truck stop chain. The other owners are Berkshire Hathaway and Pilot Corp.

 

ISU3PtLand

Well-Known Member
Jan 31, 2007
258
454
63
53
Ames, Iowa
Kum & Go has always been a place that it seemed like the employees genuinely enjoyed where they worked, and from what I understand, they also get some pretty good benefits.

Wonder how that's going to change now that a faceless "investment group" will own the stores and just be focused on squeezing the most profit they can out of them?
 

3TrueFans

Just a Happily Married Man
Sep 10, 2009
63,241
61,911
113
Ames
Kum & Go has always been a place that it seemed like the employees genuinely enjoyed where they worked, and from what I understand, they also get some pretty good benefits.

Wonder how that's going to change now that a faceless "investment group" will own the stores and just be focused on squeezing the most profit they can out of them?
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Torks Pub

Well-Known Member
Dec 16, 2006
546
384
63
Ankeny
The mortgage he has to carry on his building made selling K&G inevitable. Besides, Kyle was more interested In his Italian vineyard anyway.
 

3GenClone

Well-Known Member
Jun 28, 2009
6,432
4,077
113
Columbus, OH
I noticed that they took the big K&G sign down at the Huxley exit on I-35 a few weeks ago. Not sure if there was something wrong structurally (I think it's barely a year old) or if it's an indication the stores will be renamed.
 

mapnerd

Well-Known Member
Aug 17, 2006
4,249
2,670
113
47
Ames
Damn I live really close to a Kum and Go and I think it's a pretty good store. I hope it doesn't start to suck.
 
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ISUcyclones11

Well-Known Member
Dec 11, 2014
3,936
2,590
113
Ankeny, IA
K&G stores (and solar) were doing well but it sure looks like the Krause Family has been bleeding money on their other investments the last few years.

i have suspicions they needed some cash.
 

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