LPT RETAIL MANAGEMENT SERVICES LLC
LPT RETAIL MANAGEMENT SERVICES LLC Overview
Industry
About LPT RETAIL MANAGEMENT SERVICES LLC
LPT Retail Management Services LLC is a comprehensive retail management company specializing in the convenience store industry. Established in 2010 and headquartered in Plano, Texas, the company offers a wide array of services designed to optimize operations of convenience stores, car washes, truck stops, quick lubes, and fast food restaurants across the United States, including Alaska and Hawaii.
With over 200 years of combined experience, LPT's executive team has successfully managed and operated thousands of convenience stores nationwide. Their clientele includes prominent oil companies such as Shell, BP, ExxonMobil, ConocoPhillips, Valero, and Texaco, as well as financial institutions like Morgan Stanley and GMAC.
Service Offerings
The company's extensive services are tailored to meet the unique needs of each client and include:
- Operations Management: Overseeing daily store activities to ensure efficiency and profitability.
- Marketing: Developing and implementing strategies to boost sales and customer engagement.
- Fuel Management: Monitoring and optimizing fuel operations to maintain competitive pricing and supply.
- Survey Analysis: Conducting assessments to identify areas for improvement and growth.
- Accounting and Payroll: Providing comprehensive financial services, including bookkeeping and payroll management.
- Information Technology (IT): Implementing and maintaining technological solutions to streamline operations.
Additionally, LPT offers specialized services such as reopening closed locations and launching new sites, ensuring seamless transitions and continued success for clients.
Technology and Partnerships
LPT's commitment to innovation is highlighted by their partnership with Petrosoft, a leading back-office service provider in the convenience store industry. This collaboration allows LPT to utilize cloud-based technology for efficient inventory management, payroll processing, and sales tax collection.
This enhances operational efficiency and compliance across their client base.
Locations
The company operates multiple locations across Texas, with offices in Plano, Temple, and Cresson. The Plano office serves as the headquarters, while the Temple and Cresson locations support regional operations.
Additionally, LPT Retail Management Services LLC has a significant office in Tucson, AZ, USA, broadening their operational reach.
- Plano, TX (Headquarters)
- Temple, TX
- Cresson, TX
- Tucson, AZ, USA
Summary
LPT Retail Management Services LLC stands out as a versatile and experienced partner for businesses seeking to enhance their retail operations. Their comprehensive suite of services and deep understanding of the convenience store industry position them as a valuable asset for clients aiming to achieve operational excellence and sustained growth.