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CommentWire
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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
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10 Feb 2010 |
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CommentWire
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Irish energy giant Topaz is currently re-branding all of its service stations and has plans to radically expand its business. Given that this will bring investment in areas such category managers, inventories and supply chain strategy, and the fact that the Topaz brand is less recognizable than fuel retailers such as Shell, Topaz is well placed to expand into standalone convenience retail outlets.
Published By Datamonitor
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25 Feb 2008 |
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CommentWire
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TomTom has released a new sat nav system that tracks petrol and diesel prices in 12,000 fuel stations across the UK and allows users to compare fuel prices in their current location. The new technology is likely to increase competition between neighboring fuel retailers, but will also offer up a number of marketing opportunities that fuel retailers should not ignore.
Published By Datamonitor
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03 Dec 2008 |
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Expert View
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The concept of cashless transactions appeals to consumers and suppliers alike. It reduces the overheads of handling cash, cuts down on the risk of theft, and the inconvenience of having to find the right amount of change for a vending or car park machine. However, there are a few things that every organization should know about cashless payments before committing to such a scheme.
Published By Datamonitor
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05 Sep 2006 |
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Expert View
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Rapid network expansion and upstream muscle are the unstoppable forces pushing Lukoil to the fore of fuel retailing in central and eastern Europe (CEE). The firm is the key mover in the region, expanding its site presence by a remarkable 180% over the past three years. But selling petrol is not simply a numbers game: Lukoil is also successfully incorporating a strong shop proposition.
Published By Datamonitor
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11 Apr 2006 |
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CommentWire
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Facing declining margins, looming refinery overcapacity and divestitures, the global refinery industry seems to be in a state of reinvention. Datamonitor analysis observes that the future of this industry lies in emerging and developing economies, with investment in infrastructure, energy efficiency and expansion being the most likely route to success.
Published By Datamonitor
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20 Sep 2010 |
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CommentWire
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Tesco's acquisition of 21 supermarket forecourt sites from Morrison highlights the growing presence of supermarkets in the UK fuel retailing market. As their presence increases and offerings and strategies become more sophisticated, the threat they represent to oil companies becomes more formidable.
Published By Datamonitor
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04 Oct 2005 |
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CommentWire
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Tesco [TSCO.L] is starting to flex its muscles in the Hungarian fuel retailing market with the opening of a second discount petrol station. Building on its existing reputation as a food retailer in the market and its fuel retailing success in the UK, it's certainly strong enough to make its mark.
Published By Datamonitor
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14 May 2004 |
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CommentWire
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Tesco's [TSCO.L] recent decision to expand its forecourt network of Coffee Nation vending machines reflects the considerable demand for premium food and drink offerings from on the move consumers. Tesco's strong brand image should give it an added benefit in the forecourt setting as consumers are attracted to the same quality of offerings they find in the supermarket.
Published By Datamonitor
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03 Sep 2004 |
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CommentWire
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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
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08 Feb 2010 |
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