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CommentWire
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A decline in petrol and diesel sales coupled with a desire to reduce costs is forcing Europe's fuel retailers to convert more service stations into unmanned sites. By 2013, one in 10 service stations across Europe will have no staff at the forecourt, leaving motorists to pay for their fuel using automated payment technology.
Published By Datamonitor
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20 Oct 2011 |
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CommentWire
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Dutch grocer Ahold plans to open its AH To Go format in Germany in 2012. The retailer is targeting busy transport hubs and will compete with other emerging food-to-go players, including Rewe. However, the extremely saturated market will give Ahold little room for maneuver, and it will therefore have to prove that it has the innovative edge required to thrive in such a competitive market.
Published By Datamonitor
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12 Sep 2011 |
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CommentWire
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Tesco is to accept KeyFuels fuel cards across its UK network of service stations. The partnership will help KeyFuels attract company cars and van fleets, while Tesco will benefit from an increase in custom at its forecourts. It could also pave the way for oil company fuel cards to partner with supermarkets in order to grow their acceptance and fuel volume share of the lucrative fuel cards market.
Published By Datamonitor
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09 Sep 2011 |
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CommentWire
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BP is offering a new convenience store fascia to its independent dealers in a bid to develop a consistent brand and shop offer across its entire company-branded retail network in the UK. The new dealer offer, BP Essentials, should help the company raise the profile of its overall convenience retail business while also strengthening its relationship with its dealers.
Published By Datamonitor
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24 Aug 2011 |
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Expert View
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Ecotricity and Welcome Break Services have installed the first electric vehicle charging points at a UK motorway rest stop. Within the next 18 months all 27 Welcome Break service stations will be equipped with both slow and fast chargers, free of use to those who register. The extension of charging points beyond urban areas could propel electric vehicles into the mainstream.
Published By Datamonitor
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05 Aug 2011 |
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CommentWire
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The Rontec Investments consortium has agreed to purchase TOTAL's 810 UK service stations. Upon the completion of the deal, Rontec Investments will immediately sell 254 of the service stations to Shell, solidifying the latter's market position. Concurrently, with Snax 24 gaining a 6% network share through the deal, the UK fuel retail industry may see a rise in competition from independent players.
Published By Datamonitor
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12 Jul 2011 |
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Expert View
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Oil giant BP is to introduce contactless payment terminals instore at all of its service stations in the UK, Germany, and Switzerland; a total of 3,984 company- and dealer-owned sites. If the roll-out is a success, BP could take measures to lift the current E25 limit imposed on contactless payments, in order to capture a larger proportion of fuel sales, rather than just shop purchases.
Published By Datamonitor
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28 Jun 2011 |
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Expert View
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Given the rising top-up shopping trend, the UK's convenience retail industry is expanding rapidly. However, fuel retailers have not been able to fully exploit the opportunity, and their efforts thus far have been inadequate in changing consumers' unfavorable perceptions of forecourt shops.
Published By Datamonitor
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27 Jun 2011 |
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Expert View
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Over the last five years, thousands of petrol stations have closed across Europe, while the number of cars on the road during this period has increased substantially. Unless new and faster payment methods are introduced, long queues at the pump could soon become the norm.
Published By Datamonitor
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24 May 2011 |
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Expert View
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Russian oil giant Lukoil is reportedly in discussions with the country's biggest food and grocery retailer, X5 Retail Group, for a potential partnership in the area of non-fuel retail at its service stations. If the joint venture goes ahead, it will give Lukoil a competitive advantage in an area of the service station business in which oil companies often find themselves struggling.
Published By Datamonitor
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06 Apr 2011 |
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