Core-Mark Holding Company, Inc. engages in marketing fresh and broad-line supply solutions to the convenience retail industry in North America. The company provides sales and marketing, distribution, and logistics services. The company operates a network of 28 distribution centers (excluding 2 distribution facilities the company operates as a third party logistics provider) in the U.S. and Canada, which distribute a line of national, regional, and private label convenience store products to approximately 30,000 customer locations in 50 states in the U.S. and 5 Canadian provinces. Products The company distributes various products that include food products, such as fast food, candy, snacks, groceries, beverages and fresh products such as sandwiches, juices, salads, produce, dairy, and bread; and non-food products, such as cigars, tobacco, health and beauty care products, general merchandise and equipment. Suppliers The company’s suppliers include Philip Morris USA, Inc. and R.J. Reynolds Tobacco company. Customers The company’s traditional convenience store customers include major national and super-regional convenience store operators, as well as multi- and single-store customers. Its alternative outlet customers comprise various store formats, including grocery stores, drug stores, liquor stores, cigarette and tobacco shops, hotel gift shops, military exchanges, college and corporate campuses, casinos, movie theaters, hardware stores, airport concessions and other specialty and small format stores that carry convenience products. Strategy The company’s strategy includes the following: leveraging vendor consolidation initiative; delivering fresh products; and expanding its presence eastward. Seasonality The company generates slightly higher net sales and higher gross profits during the warm weather months (April through September) than in other times throughout the year. Trademarks The company has registered trademarks including the following: Arcadia Bay, Arcadia Bay Coffee Company, BOONDOGGLES, Cable Car, Core-Mark, Core-Mark International, EMERALD,, Java Street, QUICKEATS, SmartStock, and Tastefully Yours. Significant Events Core-Mark Holding Company, Inc. announced that it would be opening a new distribution center in Glenwillow, Ohio. From this new division, the company would service approximately 1,000 new stores and transfer an additional 1,000 existing stores from other Core-Mark divisions. Core-Mark Holding Company, Inc. announced with U.S. Oil the opening of the first new GAIN Clean Fuel station in Aurora, Colorado in October 2014. Regulations As a distributor of food products in the U.S., the company is subject to the Federal Food, Drug and Cosmetic Act and regulations promulgated by the U.S. Food and Drug Administration (FDA). A limited number of the over-the-counter medications that the company distributes are subject to the regulations of the U.S. Drug Enforcement Administration. In Canada, similar standards related to food and over-the-counter medications are governed by Health Canada. The company’s facilities are inspected periodically by federal, state, provincial and local authorities, including the Occupational Safety and Health Administration under the U.S. Department of Labor, which require the company to comply with certain health and safety standards to protect its employees. The company is also subject to regulation by various other federal, state, provincial, and local regulatory agencies, including the U.S. Department of Labor, which sets employment practice standards for workers; the U.S. and Canadian Departments of Transportation, which regulate transportation of perishable goods; and similar state, provincial and local agencies. History Core-Mark Holding Company, Inc. was founded in 1888.
core-mark holding co inc
(CORE:Consolidated Issue Listed on NASDAQ Global Select )
395 Oyster Point Boulevard
South San Francisco, CA 94080
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