How A Convenience Store Became One Of America’s Largest Pizza Chains

Casey’s General Stores is the third-largest convenience store chain by size and the fifth-largest pizza chain in the U.S. Aside from its focus on food service, the company has carved out a niche by going after small towns with populations of 20,000 people or less. Its share price has grown nearly 200% between September 2020 and September 2025. Can the Iowa convenience giant keep its impressive momentum? Watch the video to learn more. Chapters: 0:00 Introduction 1:59 Chapter 1. Small-town dominance 4:44 Chapter 2: Food service forward 7:58 Chapter 3: White space Produced and Shot by: Natalie Rice Edited by: Evan Lee Miller Senior Managing Producer: Tala Hadavi Animation: Jason Reginato, Emily Park, Gabriel Cortes Additional Camera by: Kaan Ogutz Additional Sources: PitchBook, IBISWorld Additional Footage: 7-Eleven, AP Newsroom, Casey’s General Stores, Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to stand out, grow your network, and get more job opportunities? Sign up for Smarter by CNBC Make It's new online course, How to Build a Standout Personal Brand: Online, In Person, and At Work. Sign up today: https://cnb.cx/4nUBgbA Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC How A Convenience Store Became One Of America’s Largest Pizza Chains