Cardtronics and Kroger extend ATM relationship
HOUSTON, TX (November 17, 2016) — Cardtronics (Nasdaq: CATM) today announced it has entered into a new, long-term ATM services agreement with The Kroger Co., the nation’s largest traditional grocery retailer. Cardtronics is the world’s largest ATM owner / operator.
The latest agreement, a long-term renewal, extends a relationship between the two companies that was established in 2010. Cardtronics currently owns and operates approximately 1,300 ATMs in the Kroger family of grocery and convenience stores, with that total spread across 32 states and 13 of Kroger Co.’s local banner names.
Cardtronics is the largest single provider of ATM services to the Kroger family of stores, with the vast majority of these cash machines participating in Allpoint Network, the world’s largest surcharge-free ATM network and a wholly owned subsidiary of Cardtronics.
Kathleen Kelly, president, Kroger Personal Finance, commented:
“With the broad geographical reach of the Kroger family of companies, Cardtronics is uniquely capable, given the scale of its global operations, of being a nationwide ATM services provider for many of our grocery and convenience stores. Cardtronics has helped us make convenient cash access part of the Kroger shopping experience since 2010 and will continue doing so for many years to come.”
Jonathan Simpson-Dent, chief commercial officer, Cardtronics, added:
“Our successful six-year relationship with the Kroger family of companies has been a growth story. Cardtronics has risen to become the largest single provider of ATM services to Kroger stores and its various local banner names nationwide. We look forward to continue serving Kroger, including the store traffic we plan to drive with our surcharge-free Allpoint Network, which has expanded its Kroger footprint along with Cardtronics over the years.”
Cardtronics is the trusted leader in financial self-service, enabling cash transactions at approximately 229,000 ATMs across 10 countries in North America, Europe, Asia-Pacific, and Africa. Leveraging our unmatched scale, expertise and innovation, top-tier merchants and businesses of all sizes use our ATM solutions to drive growth, in-store traffic, and retail transactions. Financial services providers rely on Cardtronics to deliver superior service at their own ATMs, on Cardtronics ATMs where they place their brand, and through Cardtronics' Allpoint Network, the world’s largest surcharge-free ATM network, with over 55,000 locations. As champions of cash, Cardtronics converts digital currency into physical cash, driving payments choice for businesses and consumers alike.
About The Kroger Co.
Every day, the Kroger Family of Companies makes a difference in the lives of eight and a half million customers and 431,000 associates who shop or serve in 2,781 retail food stores under a variety of local banner names in 35 states and the District of Columbia. Kroger and its subsidiaries operate an expanding ClickList offering – a personalized, order online, pick up at the store service – in addition to 2,240 pharmacies, 785 convenience stores, 323 fine jewelry stores, 1,423 supermarket fuel centers and 38 food production plants in the United States. Kroger is recognized as one of America’s most generous companies for its support of more than 100 Feeding America food bank partners, breast cancer research and awareness, the military and their families, and more than 145,000 community organizations including schools. A leader in supplier diversity, Kroger is a proud member of the Billion Dollar Roundtable.