SAN ANTONIO -- Valero Corner Stores has rolled out fuel price management solution PriceAdvantage to its 100th store in just under a month.
Corner Store is a network of more than 1,000 Valero company-owned U.S. retail fuel and convenience locations. All Corner Store locations are scheduled to implement PriceAdvantage by the end of summer.
Aaron McHugh, head of Skyline Products' PriceAdvantage division, said, "Valero is focused on continually improving its retail operations, and we are proud that PriceAdvantage has provided Valero Corner Stores with the necessary functionality and flexibility to achieve this goal. We are excited to continue the roll out of the remaining 900-plus Corner Stores and expect to have all completed by Q3."
PriceAdvantage is a retail fuel pricing solution for the convenience store industry, designed to increase the efficiency and effectiveness of a retailer's pricing process. PriceAdvantage provides automation for the entire fuel pricing process, from collection of competitive surveys, to efficient and detailed analysis for best price determination, to rapid speed-to-the-street price change execution. It offers the ability to change prices immediately at the point of sale, fuel pumps and electronic price signs from the centralized headquarters location with one click, creating a streamlined closed loop fuel pricing process.
PriceAdvantage, a division of Skyline Products, is the leading provider of fuel price management solutions to the convenience store industry. Colorado Springs, Colo.-based Skyline Products is a leading developer, manufacturer and provider of fuel pricing and central control software, electronic price displays and dynamic message signs to the fuels, transportation and government vertical segments in North America.
San Antonio-based Valero Energy Corp., through its subsidiaries, is an international manufacturer and marketer of transportation fuels, other petrochemical products and power. Valero subsidiaries employ approximately 22,000 people, and assets include 16 petroleum refineries with a combined throughput capacity of approximately 3 million barrels per day, 10 ethanol plants with a combined production capacity of 1.2 billion gallons per year, and a 50-megawatt wind farm. Approximately 6,800 retail and branded wholesale outlets carry the Valero, Diamond Shamrock, Shamrock and Beacon brands in the United States and the Caribbean; Ultramar in Canada; and Texaco in the United Kingdom and Ireland.
Valero Retail Holdings Inc. owns and operates more than1,000 fuel and c-store locations under the Corner Store brand. Corner Stores are located across the western half of the United States, with operations in Texas, Arkansas, Arizona, California, Colorado, Louisiana, New Mexico, Oklahoma and Wyoming.
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