National Battery Retailer Demonstrates Unmatched Stability in 2020, Powers Up for Momentous Year Ahead

Batteries Plus showed stability in the face of uncertainty, signing 20 franchise agreements which will add 30 new locations to the system’s 700+ network of specialty retail stores.

Read the original at Franchising.com
National Battery Retailer Demonstrates Unmatched Stability in 2020, Powers Up for Momentous Year Ahead

TL;DR

Batteries Plus signed 20 franchise agreements to add 30 new locations to its network of over 700 stores. The brand demonstrated stability in 2020 despite uncertainty, with a focus on maintaining competitive advantages and protecting long-term profits.

The agreements represent a healthy mix of single and multi-unit growth, with four current franchisees signing on to open six additional stores and 16 new franchisees who will be opening 24 stores. The new Batteries Plus franchises are slated to open in:

  • Arizona (Phoenix and Yuma)

  • California (El Centro, Lodi and Sacramento)

  • Colorado (Colorado Springs)

  • Florida (Melbourne, Orlando and Tallahassee)

  • Idaho (Boise)

  • Maryland (Bowie)

  • Minnesota (Forest Lake)

  • New Hampshire

  • New Jersey (Haddonfield)

  • New Mexico (Carlsbad)

  • Oregon (Oregon City)

  • Tennessee (Nashville)

  • Texas (Prosper)

  • Vermont (Burlington)

  • Wisconsin (Hales Corners)

The confidence these franchisees demonstrate by investing in Batteries Plus helps showcase the brand’s strength and durability during a particularly challenging year for business owners.

“It’s no secret that last year brought a lot of challenges but along with these challenges came plenty of opportunities,” said Scott Williams, CEO of Batteries Plus. “Early last year, our stores were deemed essential businesses which allowed them to remain open and continue to meet customer needs at a time when health and safety were a top priority. The stability of our business model quickly became apparent and entrepreneurs across the country took notice.”

Current and new Batteries Plus franchise owners alike have been inspired by the brand’s performance last year and are helping to keep the momentum building in 2021. Focus for the brand has been and will remain on the ability to maintain competitive advantages in order to protect its long-term profits and market share. Batteries Plus has found a niche in its ‘plus’ services - including battery installation and key fob programming - capitalizing on both its knowledge and service offerings.

“Our investments in omni-channel technology have directly benefited our franchisees and increased our competitive advantage,” said Jon Sica, Chief Strategy Officer at Batteries Plus. “In many ways, Batteries Plus is already ahead of the game in strategies other restaurants and retailers are just implementing - this allows us to keep looking ahead to new innovations that make our franchisee’s stronger.”

In this story

This story was originally published in Franchising.com on February 16, 2021. Burnaze summarizes and links to the original reporting.

Read the full story at Franchising.com

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