According to CSNews, Sheetz has named Joe Sheetz as chairman of the board of directors. A link to the CSNews article can be found here.
As chairman, Joe Sheetz will now oversee the board’s activities as they relate to corporate governance and risk, executive appointments and compensation, and long-term planning.
Sheetz has been using PriceAdvantage and Skyline signs since 2009 – read the case study here.
Convenience Store News reported today that Maverik just opened their 400th convenience store. The article can be found here.
The 5,000-square-foot c-store is open 24 hours a day, seven days a week. It will serve the needs of residents in Magna, Utah and travelers with a full lineup of fresh made-to-order food offerings, certified truck scales, truck and RV lanes, an RV dump, a picnic area and assisted-checkout registers.
“Since Maverik’s first stores opened in Utah in the late 1950s, Maverik has become a statewide standard in convenience, employer of choice and strong community partner, now operating 175 stores across Utah,” said Magna Mayor Dan Peay at the store’s grand opening event.
Maverik will serve guests heading to nearby outdoor activities and attractions like the Great Salt Lake and Saltair entertainment venue, along with those traveling to and between Salt Lake and Tooele.
Salt Lake City-based Maverik operates across 12 western states, including Arizona, California, Colorado, Idaho, New Mexico, Nebraska, Nevada, Oregon, South Dakota, Utah, Washington, and Wyoming.
According to the CSP Daily News article here, Rutter’s announced a 100-year plan that includes further growth in eastern and western Pennsylvania, entrance into the Virginia and Delaware markets and remodeling existing convenience stores to add alcohol and video-gaming terminals.
In Pennsylvania, Rutter’s is looking to continue its expansion outside the central part of its home state, with its 10,000-to-12,000-square-foot stores on up to 25 acres of land. Rutter’s Pennsylvania market will run from the east, near Philadelphia, to west of Pittsburgh and north of Altoona.
Twenty-one of Rutter’s Pennsylvania locations have video gaming terminals, which makes it the largest licensed gambling operator in the state that isn’t a casino, according to the company.
Rutter’s has been a PriceAdvantage customer since 2010 and a Skyline sign customer since 2004. A Rutter’s case study explaining their complete PriceAdvantage / Skyline sign solution can be found here.
As reported in CStoreDecisions here, Shell has acquired Volta Inc. The transaction is for $169 million in cash.
In a Convenience Store News article about this transaction found here, Volta’s assets include an existing public EV charging network of more than 3,000 charge points at destination sites — such as shopping centers, grocery stores and pharmacies — across 31 U.S. states and territories, as well as a development pipeline of more than 3,400 additional charge points and capabilities to continue developing, operating and monetizing EV charging infrastructure. Beyond providing a charging service, Volta also specializes in generating advertising revenues from screens embedded into the charge point.
On Volta’s website is a press release from June 2022 where Volta announced a collaboration with The Kroger Co. to bring a mix of DC Fast and Level 2 Volta charging stations to Kroger customers nationwide. According to their website “Volta’s vision is to build EV charging networks that capitalize on and catalyze the shift from combustion-powered miles to electric miles by placing stations where consumers live, work, shop, and play. By leveraging a data-driven understanding of driver behavior to deliver EV charging solutions that fit seamlessly into people’s daily routines, Volta’s goal is to benefit consumers, brands, and real-estate locations while helping to build the infrastructure of the future.”
NACS today reported on an article published in the Wall Street Journal saying 10% of global 2022 car sales were EVs. The NACS article can be found here.
EV sales in the U.S. still only make up a small fraction of vehicle sales at 5.8%, but in China and Europe, EVs were 19% and 11% of total car sales, respectively. When adding in plug-in hybrid vehicles, the share of electric vehicles sold in Europe rose to 20.3% of the total last year.
Even though the U.S. saw a smaller share of EV sales than Europe and China, sales were up by two-thirds over 2021, with 807,180 fully electric vehicles sold in the U.S. last year.
According to InsideEVs, US hydrogen fuel cell sales decreased in 2022.
Only a total of nearly 15,000 hydrogen-powered cars were sold in the past 11 years. The Toyota Marai accounts for 11,000 of that number.
Inhibitors to growth of the hydrogen fuel cell vehicle market include
There are just two models of hydrogen fuel cell vehicles available in California, the Toyota Mirai and Hyundai Nexo.
According to their website, InsideEVs was created not only to publish the breaking news of the day about electric vehicles, but to dissect it, promote it, and, most importantly, examine the how, what, and why of electric vehicles.