EYE on RETAIL: Batteries Plus charges up growth
Batteries Plus has started 2025 with strong momentum, signing 17 new franchise agreements and opening eight new locations across seven states during the first quarter.
With signings to debut in Hawaii along with expansions in Florida, New Jersey, and Texas, the brand is on pace to have locations open and in development in all 50 states by year's end.
By the numbers
Key development highlights for the brand from Q1 include:
- 17 new franchise signings, including seven new franchisees.
- Eight store openings across Arkansas, Georgia (2), Michigan, Minnesota, New Jersey, South Carolina, and Texas.
- Active development and expansion in Florida, Hawaii, Minnesota, Nebraska, Nevada, New Jersey, and Texas.
Victor Daher, Vice President of Global Franchise Development for Batteries Plus, said: "From new franchisees entering our system to seasoned operators expanding their portfolios, entrepreneurs continue to see Batteries Plus as a stable, high-growth investment backed by innovation, support, and strong unit-level economics."
Development in Hawaii
Of the new franchise agreements, the brand's debut in Hawaii is a milestone as Batteries Plus enters its 48th state, closing in on offering service across the entirety of the U.S. Bringing Batteries Plus to the Aloha State is local entrepreneur Pierre Parranto who saw great opportunities for the retailer when he needed batteries, light bulbs and more for other business ventures he owned.
"As a business owner and former customer, I saw firsthand the need for a dependable battery supplier in Hawaii," said Parranto. "The franchise model fills a critical gap in the market while offering the backing of a national brand and a strong support system. I'm excited to bring Batteries Plus to Hawaii, where we can deliver reliable power solutions, create jobs, and become a trusted resource for local businesses and residents alike."
