by John Keller | Nov 17, 2022 | Customer News, Fuel Price Management, Fuel Price Management Solutions, Fuel Price Optimization, Fuel Pricing Software, Fuel Pricing Strategy, Fuel Pricing Technology, Fuel Software, Industry News, Retail Fuel Margins
According to Fuel Marketing News, the Convenience Leaders Vision Group held its inaugural session on November 1, 2022. The article can be found here. This collaborative group of convenience retailing leaders will meet once a quarter to discuss and debate thoughts on market trends and disruptions, which will be shared through a series of trend reports. The first CLVG Trend Report will be released in early December 2022. The number of ideas presented during the first meeting, and the level of engagement, was impressive and is exactly what the founders had hoped would happen.
The CLVG is made up of well-respected industry leaders, 30% of which are PriceAdvantage customers including:
- Varish Goyal, Loop Neighborhood Markets
- Scott Hartman, CEO, Rutter’s
- Doug Haugh, President, Parkland USA
- Greg Parker, CEO, Parker’s Kitchen
- Joe Sheetz, Executive Vice Chairman, Sheetz, Inc.
- Kevin Smartt, CEO, TXB Stores
We look forward to tracking what the group releases in their quarterly Trend Reports.
by John Keller | Nov 16, 2022 | Customer News, Fuel Price Management, Fuel Price Management Solutions, Fuel Price Optimization, Fuel Pricing Software, Fuel Pricing Strategy, Fuel Pricing Technology, Fuel Software, Retail Fuel Margins
ConvenienceStore News has named Parkland USA President Doug Haugh as Retailer Executive of the Year. The article that includes an interview with Doug can be found here. It traces the chain’s rapid expansion from 20 company-owned stores to 212, and the development of their On the Run brand.
At the beginning of 2022, Parkland USA selected PriceAdvantage for their retail fuel pricing software. In a press release announcing this selection, Jay Erickson, COO of Parkland USA said “With the current fluctuations in fuel costs, supply, and demand it’s more important than ever to have a responsive and accurate retail fuel pricing platform. PriceAdvantage’s proven technology will enable us to be agile with our pricing, which will help strengthen our business and ensure our customers continue to benefit from competitive prices.” By helping Parkland make strategic, up-to-the-minute pricing decisions, they can be responsive to evolving demands with peace of mind that changes are rapid and accurate.
by John Keller | Nov 15, 2022 | Customer News, Fuel Price Management, Fuel Price Management Solutions, Fuel Pricing Software, Fuel Pricing Strategy, Fuel Pricing Technology, Fuel Software, Industry News, Retail Fuel Margins
NACS published an interesting article titled “EVs Are Hitting the Mainstream“. Here are some highlights:
- EV purchasers have morphed from tech aficionados to “the early majority, which is when the first sizable segment of the population begins to adopt the innovation”
- Sales of EVs are up 70% YOY through September 2022 as compared to ICEs where sales are down 15%
- Chevy is one of multiple car companies that are introducing EVs in the $30,000 price range next year
- Safe, readily available charging stations are still a concern
It’s this last bullet that is relevant to the c-store industry. Fuel retailers would be wise to follow industries such as Casey’s, Maverik, Sheetz, and Spinx, and focus their attention on adding charging stations in strategic locations.
by John Keller | Jul 5, 2022 | Customer News, Fuel Price Management, Fuel Price Management Solutions, Fuel Price Optimization, Fuel Pricing Software, Fuel Pricing Technology, Fuel Software, PriceAdvantage
USA Today just released their 2022 Best Gas Station Brand list. PriceAdvantage customers are well represented in this top-ten list:
We’re proud to have strong partnerships with everyone here and to share in their success.
by John Keller | Jun 29, 2022 | Customer News, Fuel Price Management Solutions, Fuel Price Optimization, Fuel Pricing Software, Fuel Pricing Strategy, Fuel Pricing Technology
Sheetz utilized the combination of their PriceAdvantage retail fuel pricing software and Skyline signs to make a dramatic downward fuel price move across their markets for the July 4 holiday. The press they’ve garnered has been incredible, with headline stories like this one on Fox & Friends: “Sheetz CEO offers gas at $3.99 per gallon through July 4 holiday weekend.” Sheetz CEO Travis Sheetz was interviewed on Fox & Friends – the link can be found here.
by John Keller | May 15, 2022 | Fuel Price Management, Fuel Price Management Solutions, Fuel Price Optimization, Fuel Pricing Software, Fuel Pricing Strategy, Fuel Pricing Technology, Fuel Software, Retail Fuel Margins
We hold a PriceAdvantage User Conference every year, and we just announced the dates for 2022. We’ll be holding this year’s conference September 19-21 at The Cliff House in Manitou Springs. It’s a beautiful venue, named a “Top 100 Hotels of the World”.
Day one will include the opportunity for 1:1 meetings with the PriceAdvantage team, followed by a welcome reception and dinner. Day two will be a full day of discussions, followed by a group dinner. Day three will provide more opportunities for 1:1 meetings.
We look forward to seeing you there!
