FAF webinar summaryGot this from a yahoo forum member named Bang
- spark perks said to be around 220,000
- trevor said he is very excited about our next financial report
- both FAF and couche tard are very pleased with the current results from the co located FAF and Circle K stores
- gift cards are in 300 stores, and I like the psychological approach to this of him stating that when someone gives you a gift card from somewhere it's basically a word of mouth marketing, the person giving their approval to the store
- the recent ATM $15 million announced today will be mainly used to expand the Hifyre digital platform and build their tech business side. Also used for more store growth.
- trevor mentioned Australia, israel, and Poland as other opportunities on top of US
- said Alberta market is more competitive than Colorado and that FAF is winning in Alberta (great sign for US expansion using their tech enabled retail)
- hyfire is a huge advantage Couche Tard wants to utilize alot more
- US strategy is ready to roll out and they are waiting for the right moment
- they are expecting more consolidation in the Candian Retail space
Future opportunities with Couche Tard include
- US expansion
- utilizing their tech platform hifyre
- leverage Circle K real estate in integration opportunities (other countries)
- expanding co located stores in other countries and canada