Five Below Incorporated’s Success Story with Guttman Energy
Five Below Inc., a national retailer with more than 1,500 stores offering an array of low-priced items, faced significant fuel management issues. Operating a fleet of 35 units, including tractors and box trucks, Five Below Inc. previously used company credit cards for fuel purchases. This approach lacked proper reconciliation and data capture, leading to difficulties in managing and controlling their expanding fleet. As Five Below Inc. sought to streamline their operations and improve fleet management, they recognized the need to migrate to a more structured fuel program.
Persistence Pays Off
In Spring 2022, Guttman Energy was introduced to Five Below Inc. through the Express Courier Association. The company was evaluating several alternatives, including Comdata and Motive. Guttman Energy’s superior fueling network, pricing, and customer service guided the decision process, spanning six months, culminating in Q3 2023. Guttman Energy’s persistence won Five Below Inc.’s trust, leading to the implementation of Guttman Energy’s Fleet Fuel Card program.
Fueling Success at Five Below Inc.
Once implemented at Five Below Inc.’s five distribution centers across the country, they immediately realized significant benefits. The Guttman Energy Fleet Fuel Card provided considerable cost savings and improved control over fuel expenditures. Five Below Inc. gained an organized and detailed reporting system, streamlined assistance with IFTA, and a dedicated sales representative ensuring quick response times. The comprehensive Guttman Energy Fleet Solution supports Five Below Inc.’s large annual fuel consumption of 300,000 gallons yearly, ensuring efficiency and improved productivity for all involved.
Five Below’s leadership explained that they switched to Guttman Energy because of the value and many benefits that Guttman Energy’s Fleet Fuel Card program provides and the exceptional customer service that their sales representative, Matt Reese provided.
