Cardtronics' Retail ATM Network Growing Along With Kroger Relationship
August 08 2011 - 7:30AM
Cardtronics, Inc. (Nasdaq:CATM), the world's largest retail ATM
owner, today announced that it has expanded its ATM management
services agreement with The Kroger Co., the nation's largest
traditional grocery retailer. Building on a 2010 agreement with
Kroger, Cardtronics has added 350 ATMs to both its retail ATM
footprint and Kroger relationship, with such additions occurring in
Ralphs, Food 4 Less and Foods Co. grocery stores in California and
Nevada, as well as Tom Thumb convenience stores in Florida and
Alabama. Ralphs, Food 4 Less, Foods Co. and Tom Thumb are all local
banner names operated by Kroger Co.
As the largest single provider of ATM services to the Kroger
family of stores, Cardtronics now manages ATMs in more than 1,150
Kroger-owned grocery and convenience stores, with that total spread
across 32 states and 13 of Kroger Co.'s local banner names. (A
complete rundown of store names is listed below.)
"Within a year of establishing an ATM services relationship with
Cardtronics, Kroger has elected to extend our ATM management
services across a wider cross-section of its family of well-known
grocery and convenience store chains," said Rick Updyke, president,
U.S. Business Group, Cardtronics. "With Cardtronics' size, scale
and coast-to-coast service coverage, we've made it logistically and
financially prudent for Kroger to consolidate multiple ATM service
provider relationships with us."
The Stores
|
· Kroger |
|
· Dillons |
|
· Food 4 Less |
|
· Foods Co. |
|
· Fred Meyer |
|
· Gerbes |
|
· JayC Food Stores |
|
· Kwik Shop |
|
· Loaf 'N Jug |
|
· Quik Stop |
|
· Ralphs |
|
· Smith's |
|
|
|
· Tom Thumb |
|
|
Editor's note: Cardtronics previously disclosed this same
expanded agreement with Kroger during its 2011 first quarter
earnings conference call held on April 28, 2011.
About Cardtronics, Inc.
Cardtronics (Nasdaq:CATM) is the world's largest retail ATM
owner. The Company operates over 37,100 ATMs in the United States,
the United Kingdom, Mexico, and the Caribbean, primarily with
well-known retailers such as 7-Eleven, Chevron, Costco,
CVS/pharmacy, ExxonMobil, Hess, Rite Aid, Safeway, Target, and
Walgreens. Cardtronics also assists in the operation of
approximately 4,300 ATMs under managed services contracts with
customers such as Kroger, Travelex, and Circle K. In addition
to its retail ATM operations, the Company provides services to
large and small banks, credit unions, and prepaid card issuers,
allowing them to place their brands on 14,900 Cardtronics' ATMs and
providing surcharge-free access through Cardtronics' Allpoint
Network. www.cardtronics.com.
The Cardtronics logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=991
Cardtronics and Allpoint are registered
trademarks of Cardtronics, Inc.
All other trademarks are the property of their
respective owners.
CONTACT: Cardtronics - Media
Tom Pierce
Chief Marketing Officer
832-308-4111
tpierce@cardtronics.com
Cardtronics - Investors
Chris Brewster
Chief Financial Officer
832-308-4128
cbrewster@cardtronics.com
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