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Could EVs Drive Business for Retail?

IKEA is the only retailer who has charging stations at nearly all of its U.S. locations.




Could EVs Drive Business for Retail?

A new study released by Consumer Reports suggests that retailers could benefit from the installation of EV chargers at their locations. Currently, only 1 percent of retailers across the U.S. offer EV charging stations but they could offer benefits through government incentives that may offset installation costs, reports NBC WFMJ.

The study analyzed roughly 270,000 store locations across the retail industry, from grocery to drugstores to departments stores and more: According to the findings, one out of every 14 big box stores offer EV charging stations; one out of every 40 department stores; and one out of every 15 grocery stores.

IKEA was found to be the only retailer who had charging stations at nearly all of its U.S. locations. In terms of convenience stores, Wawa and Sheetz are leading the charge with more than 10 percent of their locations offering EV charging stations.

Consumer Reports Sustainability Campaign Manager Drew Toher says, “Companies can attract more shoppers, elevate their brand and leverage federal incentives while consumers benefit from the convenience of integrating EV charging into their routine stops.”

Consumer Reports urges retailers to:

  • Educate consumers and your employees regarding EV charging
  • Be open about which of your locations offers EV charging
  • Follow through on timelines when installing EV equipment
  • Don’t exclude low-income neighborhoods or communities when it comes to installing EV equipment
  • Properly maintain existing chargers




This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”

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