Retail giants Walmart and Costco are making significant strides in their fuel station services. Walmart is set to expand its network of fuel and convenience stations, with over 45 new or revamped sites planned for this year. This move aims to enhance customer experience by providing accessible and convenient shopping options. Meanwhile, Costco has adjusted the operating hours of its North American gas stations to offer extended service times, catering to member needs and boosting convenience. Both companies emphasize value-based strategies to attract and retain customers.
Walmart's expansion will increase its U.S. gas station count to over 450 locations across 34 states. Additionally, Sam’s Club has extended fuel station hours at 90% of its clubs. Similarly, Costco has introduced longer operating hours for its gas stations and is in various stages of expanding 60 of its U.S. stations. These initiatives highlight a focus on customer satisfaction through increased accessibility and competitive pricing strategies.
Walmart is significantly enhancing its fuel station offerings by adding dozens of new or renovated fuel and convenience stations. The company plans to open more than 45 locations this year, which will bring its total U.S. gas station count to over 450 spread across 34 states. This strategic move underscores Walmart's commitment to delivering exceptional convenience and value to its customers. By extending its fuel station network, Walmart aims to meet growing consumer demands while maintaining its reputation for low prices.
The addition of these new stations aligns with Walmart's broader mission to provide an unparalleled shopping experience. Dave DeSerio, Walmart U.S. Vice President of Fuel and Convenience, emphasized that the expansion brings added value to customers who seek everyday low prices and convenience. Furthermore, Walmart+ subscribers enjoy savings of up to 10 cents per gallon, reinforcing the retailer's value proposition. Besides affordable gas, the fuel and convenience stations also offer competitively priced snacks and beverages, ensuring a comprehensive shopping experience for all patrons. With over 4,600 Walmart locations in the U.S., the Bentonville-based retailer continues to strengthen its presence both domestically and internationally.
Costco is elevating its fuel station services by extending daily operating hours across North America. CEO Ron Vachris announced during the company's March earnings call that most stations now remain open an hour longer, with some opening earlier as well. This adjustment ensures greater convenience for members, allowing them ample time to fill up their vehicles without constraints. Moreover, Costco is actively engaged in expanding 60 of its U.S. gas stations, showcasing its dedication to improving infrastructure and service quality.
By extending the operational hours to 6 a.m. to 10 p.m. Monday through Friday, 6 a.m. to 8:30 p.m. Saturday, and 6 a.m. to 7:30 p.m. Sunday, Costco caters to diverse schedules and preferences of its members. Exceptions may apply in specific regions like California and Hawaii, where members are advised to check the Costco app for precise information. In conjunction with these changes, Costco offers a 5% cash back incentive on fuel purchases made using the Costco Anywhere Visa Card by Citi, further enticing members to utilize their services. With its 620th U.S. warehouse recently opened in Sharon, Massachusetts, and nearly 900 worldwide, Costco remains committed to offering superior value and convenience to its expanding membership base.