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CommentWire
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Several new motorway service stations are expected to open on the Emerald Isle over the next couple of years, and leading petrol retailers such as Statoil [STL.OL], Esso and Texaco would be foolish not to seize this fresh opportunity to capture a larger share of the Irish market for both fuel and non-fuel products.
Published By Datamonitor
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25 Aug 2004 |
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CommentWire
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The Irish National Roads Authority has stated that there will be no new motorway service stations in Ireland until 2009 at the earliest, partly because of lack of interest. However, this seems somewhat surprising as, if executed correctly, oil companies could profit from running motorway service stations in the country.
Published By Datamonitor
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29 Jan 2007 |
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CommentWire
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The Musgrave group has grown operating profit by 4.1% to E109.2m and nearly halved its net debt to E96m. Going forward, it plans to continue its growth in the UK by investing in IT, logistics and store environments, making stores more consistent and navigable. This is an indication that it plans to supply more fresh goods, but the group will need a strong logistical system if it is to succeed.
Published By Datamonitor
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18 Apr 2008 |
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CommentWire
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Chevron is believed to be in negotiations with the UK's largest independent fuel retailer, Malthurst Fuels, to sell part of its Texaco branded service station network in Ireland. After reporting a loss in 2008, it is possible that Chevron, along with ExxonMobil, the only other oil major left in the country, could follow Shell and Statoil's decision to exit the Irish market altogether.
Published By Datamonitor
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25 Feb 2010 |
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Expert View
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In February, two major fuel retailers launched promotions in an attempt to generate loyalty and promote higher margin, non-fuel products and services. However, with a recent Verdict survey indicating that European motorists are more concerned about fuel prices and service station location and less about brand loyalty, retailers will find it difficult to make customers interested in such schemes.
Published By Datamonitor
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21 Feb 2013 |
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