Love's to invest $1 billion upgrading locations
Strategic Remodel Initiative slated to update 200 locations by 2028
OKLAHOMA CITY, April 10, 2023 – Love’s Travel Stops recently launched its Strategic Remodel Initiative that will invest more than $1 billion in updating 200 locations over the next five years. On average, Love’s will invest between $2 million and $7 million per location.
“Investing in existing locations is another way Love’s prioritizes creating a first-class experience for customers,” said Randy Swain, director of construction and remodels for Love’s. “Being strategic with how we update existing locations – and keeping them open during the process – strengthens Love’s commitment to getting customers back on the road quickly.”
The stores will remain open during the remodel process, and when completed each location will have a more modern look and open concept. Locations will be equipped with open-kitchen concepts, multiple restaurant options and updated Love’s Truck Care and Speedco locations. Dog parks will be added to locations without existing ones, where space allows.
While the company has always invested in its locations, the Strategic Remodel Initiative identifies which locations will be updated based on foot traffic,salesand store age. Locations being completed soon as a part of the initiative include El Paso, Texas, and Columbia, Tennessee.
As part of the Strategic Remodel Initiative, Love’s will also update three locations this year via teardown and reconstruction. The locations will be closed during the process and be reopened with an expanded footprint and new look and feel. Love’s locations in Oklahoma City and Gary, Indiana, reopened in February after being complete rebuilds.
In addition to Love’s Strategic Remodel Initiative, the company plans to open 25 new locations in 2023. In all, Love’s will invest over $1 billion in new and remodeled locations in 2023 adding amenities and services to maintain its commitment to safe,cleanand well-maintained locations.
About Love’s Travel Stops
Love’s Travel Stops is the nation’s leading travel stop network with more than 610 locations in 42 states. Founded in 1964 and headquartered in Oklahoma City, the company remains family-owned and operated and employs more than 39,000 people. Love’s provides professional truck drivers and motorists with 24-hour access to clean and safe places to purchase gasoline, diesel fuel, fresh coffee, restaurant offerings and more. Love’s has over 430 truck service centers, which include Speedco and Love’s Truck Care locations. Love’s and Speedco combined is the largest oil change, preventive maintenance and total truck care nationwide network with over 1,500 maintenance bays and 1,200 emergency roadside vehicles available for customers. Love’s is committed to providing customers with “Clean Places, Friendly Faces” at every stop. To learn more, visit loves.com or follow the company on Facebook, Instagram, LinkedIn or Twitter.