by John Keller | Dec 27, 2012 | Industry News, PriceAdvantage
Congratulations to Parker’s on the successful opening of their 30th store, this time in Rincon Georgia. Parker’s uses PriceAdvantage as their cloud solution to manage their fuel pricing strategy and monitor company-wide fuels performance down to the store level. After opening their 28th store in October, this is now their second new store opening in two months.
The PriceAdvantage team is proud to have Parker’s as a PriceAdvantage fuel pricing software customer and to contribute to Parker’s continued success as they expand.
by John Keller | Dec 26, 2012 | Industry News
More details regarding the future of the recently spun-off Murphy retail c-store chain were revealed today, as Murphy Oil announced plans to open another 200 retail locations at Wal-Mart properties over the next three years. With a current store count of over 1100, that represents a growth of 18%.
Murphy and Skyline Products have had a strong partnership for twelve years in both signs and the PriceAdvantage fuel pricing software solution.
by John Keller | Dec 21, 2012 | Industry News
OPIS reported today that average retail fuel margins increased for the third consecutive week, rising $0.007 per gallon across the US. Retail fuel margins are now at $0.247 per gallon.
Calendar year quarter to date, average retail fuel margins are now at $0.238 per gallon.
This will be a key benchmark as c-store retailers report their Q4 results.
by John Keller | Dec 19, 2012 | Industry News, PriceAdvantage
Congratulations to PriceAdvantage customer Sheetz, who opened their third new store this month, and raised their total store count to 433. Sheetz has been using PriceAdvantage as their fuel pricing software since 2009.
“We estimate Skyline’s PriceAdvantage™ software to drive $141,000 in annual cost savings, and give store managers up to 50 extra hours annually per store to spend with our customers.” says Mark Wilson, Director of Store Support, Sheetz. “Giving store managers more time with our customers is our overriding team goal, and a competitive advantage for Sheetz. PriceAdvantage software gives us that and more in a usable, understandable, teachable and trainable package.”
by John Keller | Dec 17, 2012 | Fuel Pricing Software, Industry News
Convenience Store News Retail Technology published the following news story announcing Flyers Energy has selected PriceAdvantage for gas pricing strategies.
AUBURN, Calif. — Flyers Energy LLC has selected the hosted version of Skyline Products’ PriceAdvantage fuel price management solution for its Flyers-branded retail locations in California.
“PriceAdvantage allows us to automate our fuel pricing process while aligning our pricing strategy and improving communications across our network of sites,” stated Tom DiMercurio, director of accounting at Flyers Energy. “Our goal is to leverage technology to reduce operating expenses and to provide a means of tracking the implementation of price changes through the whole process. PriceAdvantage is allowing us to accomplish both of these objectives.”
PriceAdvantage’s SMART Fuel Pricing is a highly specialized retail fuel pricing solution for the convenience store industry. It is designed to maximize fuel profits by automating the entire fuel pricing process from the collection of competitive surveys, to sophisticated analysis for best price determination, to rapid speed-to-the-street price change execution with price change confirmation feedback, according to Skyline Products.
“Retailers are faced with many challenges in managing fuel price changes, including an inability to communicate or confirm price changes effectively and quickly between headquarters and the stores,” said Chip Stadjuhar, CEO of Skyline Products. “So, we are thrilled that Flyers Energy has chosen PriceAdvantage to manage their fuel pricing process as it eliminates execution delays with one-click fuel price changes.”
Flyers Energy franchises the Flyers fuel brand and distributes wholesale and branded retail fuel, commercial lubricants, renewable fuels and solar power in the United States. It is also the largest member of the Commercial Fueling Network and the marketer for more than 100 Chevron-, Shell-, Valero- and 76-branded stations.
by John Keller | Dec 14, 2012 | Industry News
OPIS reported this week that average retail fuel margins increased for the second consecutive week, rising $0.042 per gallon this week. Retail fuel margins are now at $0.240 per gallon.
The increase this week erases the loss in fuel margins seen the last half of November, resetting margin levels to those of mid-November.
All indications are that 2012 will finish with robust fuel margins.