Gravitate

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"This partnership with Falfurrias Management Partners marks the beginning of our next chapter. We’re excited about this next stage of growth and the opportunities it presents to further solidify our market leadership, provide more value to our existing customers, invest in our core offerings, scale operations, and invest further in product development, ensuring that Gravitate remains at the forefront of the industry,” said co-founder and Chief Executive Officer Mike Scharf. The full Gravitate team will remain unchanged. Scharf and Bernard Wehbe will remain key owners of the business. Read more here: https://lnkd.in/gG3U3QeR

C-store sales hit $860 billion in 2023. Store count across the convenience store segment of retail grew 1.5% to 152,396 stores. Fuel sales decrease in 2023 to $532.2 billion, largely as a result of lower gas prices, which decreased 11.2% to $3.53 in 2023. Fuel sales accounted for 67.3% of revenues, but only 38.6% of profits for the convenience store industry in 2023. If the average retail margin was 30 cents per gallon, and total gallons of 180 bn gallons, total fuel profit is around $50 billion for the sector. Small savings equate to big dollars in this industry. What would a 1% improvement in fuel cost mean for your profitability? Gravitate #fuel #margin https://lnkd.in/gPmBt5iP

Refined fuels leaders across the industry like Casey's, KwikTrip, Hutchinson Oil, Flint Hills, and GROWMARK are turning to Gravitate's AI-enabled collaboration and decision support software to tackle their business challenges. Will you be the next leader to get ahead? Book a free demo with us today: https://hubs.la/Q02yYbYC0

The Gravitate team's expertise in: ✅supply planning & optimization ✅customer engagement ✅process automation drives transformation for companies in the energy and commodity industry. Discover how Gravitate turns challenges into opportunities for growth by booking a demo today: https://hubs.la/Q02yYbYy0

Whether you're a c-store operator, fuel wholesaler, refiner, or first purchaser, we have a solution. Optimize supply, reduce costs, automate processes, engage your customers, and more with us by your side. Here's what to expect when partnering with Gravitate: Discovery Session - 30 minutes Product Demo - 1 hour Benefits Case and Simulation - 3-4 days Positive Return on Investment - less than 1 year Don't wait a day longer. Book a free demo today: https://hubs.la/Q02yYbWJ0

Refined fuels leaders across the industry are turning to Gravitate's AI-enabled collaboration and decision support software to tackle their business challenges. Will you be the next leader to get ahead? Let's turn your obstacles into opportunities. Book a free demo with us today: https://hubs.la/Q02x9zpy0

More opportunities to join our winning team!

Take your business to the next level with Gravitate. Our supply and dispatch software solution is trusted by industry leaders like Casey's, KwikTrip, Hutchinson Oil, Flint Hills, and GROWMARK. Don't wait - book a demo today: https://hubs.la/Q02x9N0X0

Good morning from the 2024 SIGMA Spring conference 👋🏼 Catch the Gravitate team onsite today! #sigmafuelconference #fuel #cstores | SIGMA: America's Leading Fuel Marketers