ARKO Details Dealerization Push, ARKO Petroleum IPO and Retail Efficiency Plan at Conference
On the retail side, Kotler pointed to a diversified gross profit mix and said 59% of gross profit comes from inside sales and other income. He also described centralized procurement from the company's Richmond, Virginia headquarters, and a common loyalty program that works across banners including E-Z Mart, fas mart, Scotchman, and others. Kotler said the dealerization strategy is intended to improve profitability and reduce complexity in regions where ARKO lacks sufficient scale, while allowing the company ...