Love’s plans up to 40 new stores, 3,000 parking spots in 2020
Love’s Travel Stops’ growth plans this year are in line to slightly more aggressive than those of 2019 and 2018.
In a prepared statement Thursday morning, the truck stop and store operator said it was going to open “up to” 40 stores this year and add 3,000 parking spots. It would also create 2,500 jobs under that expansion plan.
At the start of 2019, Love’s said its plan was to open “more than” 40 new locations. It did cross the 500-store mark last year. When it announced its 2019 plans, it said it had added 35 new stores and 2,900 parking spaces in 2018. A query to Love’s on the actual number of new openings in 2019 had not been answered by publication time.
The addition of 40 Travel Stops also means the addition of that many Truck Care Centers and Speedcos, an oil and lubricant change network that Love’s purchased in 2017. Love’s also said it will open new outlets of Trillium, which specializes in compressed natural gas (CNG) sales. That division now has about 65 outlets, according to its website. Hydrogen sales are also planned through Trillium.
If the company opens up 40 stores and 3,000 parking spots, that’s a ratio of 75 spots per store. That’s roughly in line with what one gets when averaging the parking spots connected to prior store openings. For example, Love’s announced openings in 2019 included 64 parking spots in Franklin County, Ohio; 79 in Hot Spring County, Arkansas; 93 in Calhoun, Georgia; 103 in Kershaw County, South Carolina; and 60 in Tacoma, Washington.
In last year’s January announcement of the company’s planned growth, co-CEO Greg Love was quoted as saying: “The truck parking shortage is a continued focus for us, which is why we plan to add more than 3,000 truck parking
Love’s plans up to 40 new stores, 3,000 parking spots in 2020 - FreightWaves
Love’s continues there ever growing number of locations
Discussion in 'Truckers News' started by drvrtech77, Jan 18, 2020.
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Nice to see or hear a truck stop chains is working to help the drivers. TA/Patro can only charge for parking vs opening new locations. Love's can open new truck stops and still have free parking !
justcarhaulin, BoostedTeg, Mototom and 2 others Thank this. -
Georgia I 16 off 280.A Love's is near completion there.Glad to see this.
bzinger and Cabinover101 Thank this. -
RockinChair, Tb0n3, bzinger and 1 other person Thank this.
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Topeka Kansas is nearing completion badly needed!!!I hope they have a tire shop at that location to because most Topeka tire people are crap, Wingfoot four or five years ago wanted to charge me $250 for a call out and I was sitting in their yard, On a Saturday an hour after they went home at noon.
bzinger, Cabinover101 and HopeOverMope Thank this. -
I-255 Sauget, Illinois right across the river from St.Louis is getting close to open.
bzinger Thanks this. -
Flowood ms i20 exit 15 They’re getting ready to open up one there too
bzinger Thanks this. -
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bzinger and Deere hunter Thank this.
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TA must be praying that Loves starts the reserved parking deal, as they have to be losing a lot of business to them... Kind of "even" the playing field...
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