Walmart, Costco, and even Dollar General are getting into the gas station business

From Yahoo Finance: 2025-05-26 05:00:00

Major retailers like Costco, Sam’s Club, and Walmart are expanding their gas stations amid the electric vehicle shift. Walmart plans to open over 45 new gas stations this year, offering low prices and benefits for Walmart+ members. Costco and Dollar General are also increasing their fuel offerings to compete for price-sensitive consumers.

As the fuel business evolves, retail giants like Walmart and Costco are mirroring each other’s strategies to stay competitive. Walmart’s move into fuel aims to rival Costco’s successful business, while Costco is navigating U.S. tariffs on Chinese suppliers. Gas sales could help offset potential losses from tariffs and inflation for both retailers.

Retailers are investing in gas stations to meet consumer needs and build loyalty. The trend expands offerings beyond traditional stores, responding to evolving customer expectations. As the industry navigates supply chain challenges, gas remains a no-frills winner, providing convenience and driving customer loyalty amid market shifts.

Retailers are not just adding gas stations for nostalgia; they are positioning for the future. With EVs on the rise, retailers see an opportunity to capture more business as EV charging times present a unique opportunity to attract shoppers to their stores. Retailers are betting on the future, aiming to provide convenience and capture customer loyalty in a changing retail landscape.

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