Today’s idea of the day: Bid out utilities. There are lower-cost providers competing for your business. Do you have an idea to share? Email Erin Rigik Del Conte at email@example.com.
Today’s idea of the day: Control cash/inventory loss by performing mid-shift audits. Surprise inspections keep employees on their toes. Remember, overages are also a sign of foul play. Do you have an idea to share? Email Senior Editor Erin Rigik Del Conte at firstname.lastname@example.org.
Today’s idea of the day: Get property revaluations after the town/city you operate in does construction around your store. Less traffic could mean lower valuation and lead to lower taxes. Do you have an idea to share? Email it to Senior Editor Erin Rigik Del Conte email@example.com.
Today’s idea of the day: Merchandise or repack candies and pastries in clear to-go cups down the candy aisle between gum, mints and candy bars. Do you have an idea to share? Email Senior Editor Erin Rigik Del Conte at firstname.lastname@example.org.
Idea of the day: Split the sales counter with the cash register to form two lines for customers—one line on each side of register. Two shorter lines look less intimidating than one short line. In stores with multiple registers, always keep the registers manned during busy hours. The majority of convenience store customers crave speed
Idea of the Day: Utilize under-counter cigarette racks so your best top-selling cigarette brands are always at an arm’s length from employees. Think of how many times a day your employees are turning around and searching for the most popular packs of cigarettes on the display behind them. By adding this simple under-counter rack, you’ll
Today’s idea of the day: Utilize a rolling rack at the sales counter for morning breakfast sandwiches and afternoon corn dogs, taquitos, hot snacks, etc. This help to ensure customers know you have food items, and it can help temp consumers to make impulse buys. Do you have an idea of the day? Email Senior
Could a shareholder proposal push Walgreens in the same direction as CVS, which eliminated its tobacco category in 2014? Tobacco sales could be evaporating from Walgreens in the near future. Walgreens’ shareholders and members of the Interfaith Center on Corporate Responsibility filed a shareholder proposal on Aug. 25, requesting that the Board of Directors review
Today’s idea of the day: IRS tax code 199. Are you eligible? The section 199 tax deduction is also called the domestic manufacturing deduction, U.S. production activities deduction and domestic production deduction. It allows a deduction equal to 9% of the lesser of the “qualified production activities income” (QPAI) of the business; the operation’s taxable
Today’s idea of the day: Use four-inch riser signage on all fuel pumptoppers. You can sell space monthly to local companies or trade space for free advertising on local radio and TV. Casey’s General Stores is one of the companies that has perfected this type of marketing. It turns every pump in your chain into
Today’s Idea of the Day: Explore a draft beer program (Howlers/Growlers). Growlers are a great way to gain a loyal craft beer following and expand your beer offering without taking up more cooler space. Plus, you ensure repeat business and earn great margins on the beer and the bottles. If you have an idea to
Today’s idea of the day: Remove or forbid the use of the error correct key on the cash registers. That means theft. Error corrects and voids should be warning signals. Make it store policy that shift managers must approve error corrects and voids and provide documentation of these transactions. Plus, when applicable, use video monitoring
Today’s idea of the day: Analyze scan data frequently! Fewer SKUs mean more sales. Analyzing scan data will help you know what your customers are buying. Run velocity reports that set minimum sales standards. If a product falls below your standard for a month, look to rotate it out in favor of a higher-selling SKU.
Today’s idea of the day: On all candy, bigger sizes are better because they bring better margin and higher sales. Especially when it comes to merchandising candy items at the front counter, always go with the bigger king-size bars and multipacks. From the customer perspective the price difference is negligible, but for the retailer, the
Today’s idea of the day: Use warehouse programs and discontinue any duplications with DSD (direct store delivery). Do you have an idea to share? Email Senior Editor Erin Rigik Del Conte at email@example.com.
Customers lined up to taste-test new products at the Consumer’s Choice Contest hosted at a truenorth convenience store. Convenience Store Decisions (CSD) has announced the winners of the second-annual Consumer’s Choice New Products Contest. The product contest, hosted by Truenorth Energy, took place on Thursday, July 28, in the parking lot of a truenorth convenience
Today’s idea of the day: Utilize shelf tags and other signage to identify EBT-approved products. Electronic Benefit Transfer, or EBT, is used in all states to issue food stamp benefits to recipients. Recipients are issued an “EBT Card” similar to a bank ATM or debit card to receive and use their food stamp and cash
Today’s idea of the day: Incorporate the fundamentals of billboard marketing and design in outdoor advertising to maximize potential. Here are some ways to maximize outdoor advertising success: Remember you are communicating with driving and distracted people on the move. Be brief but focused with ONE idea. Make it a big idea that’s relevant to
With a focus on healthy food, aggressive expansion plans and a c-store model that evades the boundaries of normal classification, Green Zebra gallops ahead. By Erin Rigik Del Conte, Senior Editor The moment customers set foot inside a Green Zebra store, it’s clear this isn’t the type of convenience store where “Bubba” buys his smokes
Today’s Idea of the Day: Utilize a community fuel dispenser for community fundraisers. As you become a bigger part of your local community, you will be approached by organizations to donate to their cause. This is a great idea, but it can get costly. One way you can ease the burden of donations is to
Non-chocolate trends include gummy and sour varieties, as well as a new focus on mouthfeel and texture. By Erin Rigik Del Conte, Senior Editor The National Confectioners Association (NCA) found that the overall confections category grew 3.2% in 2015. Non-chocolate confection sales increased 3.7% with fruity candy, gummies, sour candies and breath fresheners leading the
Company proposes changing its name to Hershey and relocating its global headquarters as part of the deal. Mondelez International Inc. has placed a bid in an effort to purchase The Hershey Co. According to a report in The Wall Street Journal, Mondelez, the maker of Oreo cookies and Cadbury chocolate bars, has sent Hershey a
Nearly 50 next-generation executives representing 40 c-store chains traveled to Atlanta for an in-depth look at RaceTrac’s operations and to participate in ample networking opportunities. By Erin Rigik, Senior Editor The National Advisory Group (NAG) kicked off its third annual Young Executives Organization (YEO) roundtable on April 27 in Atlanta. RaceTrac Petroleum, Convenience Store Decisions’
University of Massachusetts Amherst c-stores get a market-fresh makeover in time for this year’s incoming freshman class. By Erin Rigik, Senior Editor The University of Massachusetts Amherst, located in Amherst, Mass., boasts the single largest dining operation in the U.S. based on revenue. In addition to the renowned dining program, the university offers 24 locations
Now Florida customers in select markets can gain fuels rewards points, redeemable at Chevron and Texaco, when they shop at Safeway. Chevron Products Co., a division of Chevron U.S.A. Inc., and Albertsons Cos. LLC are expanding their joint fuel rewards program to customers in parts of Florida. Customers who earn Reward Points by shopping at