Jeff Lenard
Jeff Lenard
absorb afford anymore dramatic gas hurt increase losses retailers rita stations temporary
There was an increase in thefts immediately, especially with the dramatic increase of prices. After Katrina, there were so many retailers that couldn't absorb losses anymore ... so they went to prepay. They couldn't afford that one drive-off a day that would hurt their gas profits. And with Rita ... we will see more stations go pre-pay, if nothing else, as a temporary solution.
capture trying
Everyone is trying to capture those last-minute shoppers.
matter pick round
No matter how old you are, there are things you can pick up to round out your stocking.
figure gone huge prevent retailers
This week, there's been a huge upswing in retailers who've said, 'Enough. I can't figure out another way to prevent theft,' who've gone to prepay.
goal matter phone sandwich sell time
We sell time as much as anything. It doesn't matter if it's gas, a sandwich or a phone card. The goal is to sell time.
full good operations starting
The pipelines are also starting operations again, ... It is not full capacity, but that is still good news.
gas price values
As the price of gas climbs, people's values decline.
counter definitely labor services taking
The whole idea of taking labor-intensive services away from the counter is definitely on our to-do lists.
customers industry
This industry more than any other is regulated by the customers and competition.
bottle coffee cup figuring gallon selling stores water
Stores are figuring out you make more selling a 12-oz. cup of coffee or a 12-oz. bottle of water than you can selling a gallon of gas.
leave penny people price
People price shop. There is no loyalty. They will leave you for a penny a gallon.
bearing brunt consumer hit stressed
It's a significant hit to a very stressed system, and we're bearing the brunt of consumer frustration,
base prices recently related retailers
It's all related to how recently you got your shipment. Retailers base prices on replacement costs.
powerful proven
It's actually proven to be much more powerful in people's minds.