News
Industry Update
- Over $100 billion has been invested in the lithium batteries sector since 2020. Global trends towards renewable energy has driven this growth. Forecasts indicate the sector will grow at a compounded annual growth rate (CAGR) of 13% from 2022 to 2031, making it one of the fastest-growing energy sectors.
- The lithium battery industry is a $48 billion industry with a five-year compound annual growth rate of 23%.
- Lithium batteries can be used to power electric vehicles, households and personal electronics, and as a power backup storage.
Q2 2025
- Our Batteries Plus team was honored at the BP Convention in May as one of the top franchise groups to win the President’s Club Award for having a store do over $1,000,000 in sales in 2024!
- Matt Miller was awarded the Commercial Rep of the Month for growing his commercial portfolio 196.5% in April!
- Congratulations to Edwin Luna at our Batteries Plus store in Henderson, NV (BP695) for being #9 on the June PRCOM Attachment Report and Joy Segura at our Batteries Plus store in Beaumont, TX (BP207) for being #15!
Q1 2025
- Congratulations to Stephen Carty for being Commercial Rep of the Month in January with a +200.2% YOY sales increase.
- Company Wide commercial sales increased 17.6% this Quarter.
- Seven of our stores are now Apple Independent Repair Provider certified!
- With national retail struggles, our auto/golf battery segment still showed a 7% increase in sales volume!
Q4 2024
- Congratulations to Joy Segura, Sales Associate at our Batteries Plus store in Beaumont, TX (BP207) for being #1 on the September PRCOM Attachment Report!
- All our Batteries Plus stores combined had one of their best months in Commercial Sales in September!
- Derrick Smith, Dean Nichols and Stephen Carty were recognized by Batteries Plus Corporate as an MVP Group for collectively being up 68% in commercial sales!
- Our Batteries Plus store in Las Vegas, NV (BP695) participated in the Henderson Hot Rod Days in October to help promote our BP stores! Our group was well-received, and we were able to gain more new customers thanks to the exposure!
- Our Batteries Plus store in Covington, LA (BP730) had their Grand Opening in November!
- The Covington store was also the first-place winner of The Great Holiday Display Award from BP Corporate for their holiday decorations in December!
- Our Batteries Plus Commercial Sales team was awarded the 2024 Procell Achievement Award in December! This contest was held by BP Corporate from March 1st-August 31st and our group had the largest dollar growth in commercial Duracell Procell sales YOY!
Q3 2024
- Our Batteries Plus stores had a big month in July, with over 900 device repairs, 750 automotive batteries sold to retail customers, and sales in 24 of 26 stores up from last year!
- Our Covington, LA (BP730) Batteries Plus store had a complete remodel done of the interior.
- Greg Hyatt was recognized by Batteries Plus Corporate as Commercial Rep of the Month for almost reaching $100k in revenue for July!
- Our Batteries Plus store in Las Vegas, NV (BP1096) was relocated in August to a new location in Las Vegas that is now known as Batteries Plus store 327.
- Congratulations to Courtney Howarth and Joy Segura at our Batteries Plus store in Beaumont, TX (BP207) for ranking #13 and #18 in the entire network for PRCOM Attachment rate! They had a 25% rating, meaning one out of four transactions with an add-on in August.
Q2 2024
- Our Lehi, UT (BP848) Batteries Plus store underwent a remodel.
- Our Twin Falls, ID (BP599) Batteries Plus store worked with a local school district on their bulb recycling needs to recycle over 3,000 bulbs.
- Our Batteries Plus Commercial group was awarded the Southeast Texas Region 5 battery contract. This is a Texas Independent School District co-op with 150 schools across Texas. The contract covers batteries and lighting and will be in effect until June 2025.
- In April our four Batteries Plus stores in Houston were up a combined 297.5% in commercial revenue vs April 2023!
Q1 2024
- Five of our Batteries Plus stores had record year sales in 2023: St. George, UT (BP355), Layton, UT (BP356), Twin Falls, ID (BP599), Las Vegas, NV (BP696) and Queen Creek, AZ (BP703)
- Four of our UPS stores had record breaking sales in 2023: Aurora, CO (0711), Baton Rouge, LA (3236), Henderson, NV (0320) and Las Vegas, NV (6393).
- In January our Batteries Plus Commercial Sales group had an 84% increase in commercial revenue vs. January 2023!
- Our Commercial Sales group was recognized as co-commercial rep MVPs for the month of January for increasing commercial revenue over 40% in December 2023 vs. December 2022!
- In February Derrick Smith was recognized by Batteries Plus Corporate as Commercial Rep of the Month for growing his commercial sales over 104% vs February 2023!
Q4 2023
- Our Batteries Plus store in Covington, LA (BP730) was ranked #2 in Total Sales in October for stores open under one year!
- Our Batteries Plus stores in Queen Creek, AZ (BP703) and Covington, LA (BP730) achieved record monthly sales for the month of October!
- Cobblestone Group acquired a Batteries Plus store in Las Vegas, NV (BP1096).
- Our Batteries Plus commercial sales team had a 41% increase in commercial sales in November over last year!
Q3 2023
- Our Batteries Plus group was recognized by Batteries Plus Corporate in the month of July for increasing our sales at our 24 stores by 26%!
- Cobblestone Group acquired several Batteries Plus locations in North Houston, TX and a single store in Beaumont, TX
Q2 2023
- Cobblestone Group opened our 24th Batteries Plus store in Covington, Louisiana (BP730).
- Our Batteries Plus store in Twin Falls, ID (BP599) had a record-breaking sales month in June with an increase of over 70% from the prior year.
Q1 2023
- Cobblestone Group opened our 23rd Batteries Plus store in Maricopa, Arizona (BP533) and had a Grand Opening for our Centennial store (BP532), which is located in Las Vegas, Nevada. Read more about the Maricopa grand opening.
- Our Batteries Plus store in Baton Rouge, Louisiana (BP756) had record sales in the month of March!
Q4 2022
- Our Batteries Plus store in Las Vegas, NV (BP326) was recognized by the Batteries Plus Franchise Administration for achieving record monthly sales in the month of October!
- Two Batteries Plus stores were relocated to enhance parking and improve foot traffic. The Denton, Texas store was moved to a better location within the city and the Sandy, Utah store was relocated to Draper, Utah.
- UPS Stores had a record-breaking peak season achieving the highest month of sales in December–the highest in our seven year history! Every store increased its sales with an overall total increase of 31.4% over last year.
- Our Batteries Plus store in Las Vegas, NV (BP344) achieved record monthly sales in the month of December!