Latest Intelligence on Gas Stations and Forecourt Retailers

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Type Product title / description Pub Price
CommentWire
CommentWire

Tesco: expanding the convenience offering at its UK service station shops

Supermarket giant Tesco is running a trial of its One-Stop brand at its Dudley and Cannock service stations, with plans for a full roll-out across its 440 forecourt sites upon the trial's conclusion. However, although the One-Stop format will expand Tesco's convenience offering at its fuel outlets, it may not necessarily help Tesco benefit from the growing food service opportunity.

Published By Datamonitor
08 Feb 2010
CommentWire
CommentWire

TOTAL and ERG: joint venture creates Italy's third-largest fuel retailer

TOTAL and ERG are to merge their fuel retail and refining operations in Italy, to form a joint venture known as TotalERG. The deal will enable both companies to cut production costs and minimize distribution expenses, two areas that are both vital for survival in a service station market characterized by a high density of sites and low fuel throughputs.

Published By Datamonitor
10 Feb 2010
CommentWire
CommentWire

BP and Texaco: payment card deal offers greater coverage to fleet customers

BP has struck a deal with Texaco that will allow all BP Plus card holders to refuel at 1,061 Texaco branded sites in the UK. Similarly, Texaco's fuel card will now be accepted at all 1,200 BP branded sites. The deal represents an 11% and 12% increase in network coverage for BP and Texaco, respectively, and highlights an attempt by both companies to offer better value to their card holders.

Published By Datamonitor
24 Feb 2010
CommentWire
CommentWire

Chevron: looking to leave the Irish market?

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
25 Feb 2010
Expert View
Expert View

Supermarkets gain more ground on oil companies as consumers look to curb fuel spend

One in three UK (and one in five European) motorists are reducing their car journeys in order to slash their fuel spend. The trend, driven by the global financial crisis and high pump prices, has led to a shift in consumer behavior, and has tested the resilience of the fuel retail sector. Supermarkets, yet again, are gaining ground on their oil company competitors.

Published By Datamonitor
10 Mar 2010
CommentWire
CommentWire

Starbucks and Euro Garages: bringing drive-through coffee to UK forecourts

Following the success of its pilot store in Cardiff, Starbucks has partnered with Euro Garages to open 30 drive-through coffee shops across the UK, at both service stations and as standalone sites. Starbucks' brand value, the convenience of the drive-through format, and a growing trend of eating-on-the-go among young consumers suggest that this collaboration has every chance of being a success.

Published By Datamonitor
18 Mar 2010
Expert View
Expert View

Waitrose: looking to get a small bite to Eat

Having already unveiled plans to sell food-to-go through Shell petrol stations and Alliance Boots, Waitrose is looking to consolidate its position in the convenience market with two new initiatives. The retailer is set to trial a new smaller format comprising its first stores of less than 3,000 square feet, and is also in early discussions to acquire the Eat chain of premium food-to-go outlets.

Published By Datamonitor
30 Mar 2010
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Expert View

French service station network to consolidate in near term

With players such as TOTAL and Shell planning to close sites in rural areas, the French service station network could see a 7% contraction over the next two years. The closures, incited by environmental protection regulations, may require fuel retailers to focus more on non-fuel offerings in order to balance out the increased cost of refueling.

Published By Datamonitor
01 Apr 2010
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Expert View

UK: a decline in service station numbers and fuel sales signals a testing 2010

According to the Energy Institute, the number of UK service stations dropped significantly in 2009, while fuel sales declined by 2.4% over 2008 figures. The situation for fuel retailers is set to remain testing throughout 2010, as high global oil prices and an increase in taxation will further erode fuel margins, which will inevitably lead to more service station closures.

Published By Datamonitor
06 Apr 2010
CommentWire
CommentWire

Shell: withdrawing from Finnish market as part of wider rationalization plans

The news that oil giant Shell is to sell its network of Finnish service stations comes on the back of the revelation that the firm is to withdraw from a third of its fuel retail markets globally. Datamonitor predicts that, due to the concentrated nature of the market, it is unlikely that one of the leading players in Finland will purchase the Shell network.

Published By Datamonitor
14 Apr 2010

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