Giant Eagle selling Get-Go convenience stores

[TheFugitive]

Well I didn't see THIS one coming.

Giant Eagle has agreed to sell their Get-Go chain of convenience stores and gas stations to Canadian convenience store operator Couche Tard. 

https://www.wtae.com/article/giant-eagle-sell-getgo/61913447#

The press release says the sale will allow Giant Eagle to focus on their core supermarket business.

This is kind of a stunner as Giant Eagle has aggressively built Get-Go in this area to compete with Sheetz.  The move seems to indicate that all is not going well for their core grocery business.

Couche Tard is French for "Late to Bed".

[TheFugitive]

An article delving into the thinking behind Giant Eagle's decision to divest itself of GetGo.

https://triblive.com/local/regional/giant-eagles-sale-of-getgo-refocuses-company-amid-growing-grocer-competition-experts-say/

This is a sharp turn because just a couple of years ago they were all-in on GetGo.