Great Place to Work® And Fortune Name Sheetz One Of The 2017 Fortune 100 Best Companies to Work For®
ALTOONA, Pa., March 9, 2017 /PRNewswire/ -- Sheetz, one of America's fastest growing family-owned and operated convenience store chains, is pleased to announce that it is one of the 2017 Fortune 100 Best Companies to Work For, according to global research and consulting firm Great Place to Work® and Fortune Magazine. This list, now in its 20th year, recognizes companies that have exceptional workplace cultures.
Sheetz, which ranked 87th, was selected among hundreds of companies across the nation vying for a place on the 2017 list, and the ranking improved on Sheetz's 2016 standing by ten positions. Applicant companies opt to participate in the selection process, which includes an employee survey and an in-depth questionnaire regarding their programs and employee practices. Great Place to Work® then evaluates each application using its unique methodology based on five dimensions, including credibility, respect, fairness, pride and camaraderie.
"Sheetz is committed to investing in its people, rewarding employees, and attracting the best talent for the job, whether it's in the distribution centers, kitchens, corporate office, or one of our store locations. We strive to create a great working environment where our employees feel valued and have all the resources they need," said Sheetz, Inc. President/CEO Joe Sheetz. "We do this by providing all of our employees with the opportunity to grow; instilling a culture of respect; and ensuring that all employees understand the importance of their job and the role they play in the larger company. We are a family-owned business and are very proud of the culture and environment we have created and nurtured at Sheetz."
In 2016, Sheetz announced both plans to hire 8,000 employees companywide as well as the investment of more than $15 million to increase employee wages. Sheetz reaffirmed its commitment to employees when the company announced that salaried employees will earn a minimum base salary of $47,500 despite a federal judge's injunction in November 2016, which prevented the FLSA minimum wage regulation from going into effect on December 1, 2016.
To view a video regarding the announcement, go to https://youtu.be/BkV28FX8PlE.
Current Sheetz, Inc. Snapshot
Headquarters in Altoona, Pa.
Operates 540+ store locations in six states
Serving 1.5 million customers per day
Family owned – 65th anniversary in 2017
40 new and rebuilt stores in 2017
On the Fortune 100 Best Companies to Work For list in 2014/2016/2017
Listed in 2016 as a Fortune Best Workplace for Women (Top 12)
Selected by Fortune in 2016 as a Best Workplace for Millennials (Top 35)
Named by Fortune in 2016 as one of the Best Workplaces in Retail (Top 10)
Named one of the Best Places to Work in Pennsylvania, Maryland, Virginia, Ohio and North Carolina
Convenience Store Chain of the Year/Convenience Retailer of the Year
Locations in six states: Pennsylvania, North Carolina, Virginia, West Virginia, Ohio and Maryland
Total yearly sales of more than $5.6 billion
More than 17,500 employees
Employee bonuses paid in 2016: More than $53 million
Corporate Charities Supported
Sheetz For the Kidz™, a charitable organization operated by Sheetz employees, provided more than $1.6 million in 2016 to ensure approximately 8,800 children in need have gifts at Christmas. Through this program, Sheetz for the Kidz™ has helped more than 100,000 children since 1992 raising $22.9 million.
Through Make-A-Wish, Sheetz For the Kidz™ sponsored 48 family trips to Walt Disney World each year. Since 2005, Sheetz has been able to grant more than 450 wishes!
Special Olympics: In 2017, with the help of its generous customers, Sheetz will donate more than $650,000 to the Special Olympics. Sheetz was Pennsylvania's largest contributor as well as an inductee into the Special Olympics Hall of Fame.
In addition, Sheetz donates millions of dollars in cash and products to worthwhile community endeavors each year.
In fiscal year 2018, Sheetz is projected to operate 600 stores with projected capital investment (including new and rebuilt unit growth) of eight percent annually.
"Congratulations to the 2017 100 Best," said Michael C. Bush, CEO of Great Place to Work. "These leading companies are at the vanguard of a new business frontier, where organizations know they have to develop the full human potential of all their employees. They are working to build Great Places to Work for all, which are better for business, better for people and better for the world."
Organizations named on the list see many benefits that include better financial performance, less employee turnover, higher levels of customer satisfaction and loyalty, more innovative and creative thinking, higher productivity and enhanced public perception.
About Sheetz, Inc.
Established in 1952 in Altoona, Pennsylvania, Sheetz, Inc. is one of America's fastest-growing family-owned and operated convenience store chains, with more than $5.6 billion in revenue and more than 17,500 employees. The company operates more than 540 store locations throughout Pennsylvania, West Virginia, Virginia, Maryland, Ohio and North Carolina. Sheetz provides an award-winning menu of M•T•O® sandwiches and salads, which are ordered through unique touch-screen order point terminals. All Sheetz convenience stores are open 24 hours a day, 365 days a year. Recognized by Fortune as one of the 100 Best Companies to Work For, Top 12 Best places to work for Women and Top 35 Best Workplaces for Millennials, Sheetz is committed to offering employees sustainable careers built on an inspiring culture and community engagement. For more information, visit www.sheetz.com or follow us on Twitter (@sheetz), Facebook (www.facebook.com/sheetz) and Instagram (www.instagram.com/sheetz).
About Great Place to Work®
Great Place to Work® is the global authority on high-trust, high-performance workplace cultures. Through proprietary assessment tools, advisory services, and certification programs, including Best Workplaces lists and workplace reviews, Great Place to Work provides the benchmarks, framework, and expertise needed to create, sustain, and recognize outstanding workplace cultures. In the United States, Great Place to Work produces the annual Fortune "100 Best Companies to Work For®" and a series of Great Place to Work Best Workplaces lists, including lists for Millennials, Women, Diversity, Small and Medium Companies and over a half dozen different industries. Great Place to Work® provides executive advisory and culture consulting services to businesses, non-profits, and government agencies in over 50 countries across six continents.
Follow Great Place to Work online at www.greatplacetowork.com and on Twitter at @GPTW_US.
SOURCE Sheetz, Inc.