EIA: Gasoline Prices Prior to Labor Day Lowest In 12 Years Principal contributor: Mason Hamilton Source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update The U.S. average retail price for regular gasoline was $2.24/gallon (gal) on August 29, the lowest price on the Monday before Labor Day since 2004, and 27¢/gal lower than the…
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Maximizing Retail Sales through Loyalty
Retailing 101 still stands on the four p’s (Product, Price, Promotion and Position). Traditional convenience retailers are certainly not as threatened as other box retailers by the internet given the nature of their sales and services, but they are not completely immune to technology. In fact, they can take advantage of innovative loyalty and technology…
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Leighton O’Brien renews ties with Chevron in Asia
Leading software and field technologies firm Leighton O’Brien (LOB) has renewed its ties with Chevron International Pte Ltd after winning a multi-year renewal agreement for the provision of tank and line testing and wetstock software throughout Chevron’s equity sites in Singapore, Malaysia, Thailand, Cambodia, and Hong Kong. The contract extension is a testament of the…
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PetrolPlaza Special: The revolution of cloud-based solutions
Cloud-based solutions, big data and digitalization are shaping the future of the fuel retailing business. From remote control services, to predictive maintenance or mobile payments, all these new trends which are dominating the industry´s discussions are based on those three technological developments. “Cloud doesn´t represent an evolution, but a revolution. It will change the products…
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