Cardtronics Inc. 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 across 32 states.
"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 of the 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."
For more information on this topic, visit our distributors/ISOs/IADs research center.
