“As a traditionally slower sales month for the industry, it’s encouraging to see such sustained growth in consumer spending and sentiment,” says NRF CEO. Building on the momentum of a strong holiday shopping season and propelled by gift card redemptions and warm weather, retailers’ January sales saw solid growth across the board. According to the…
SymphonyIRI Report Examines Shopping Mission Trends
Times & Trends report finds pantry stock-up and quick trips account for two-thirds of CPG trips and dollar sales. It has long been a daunting task to stay in lock step with the shopper mindset. After all, mindsets are a moving target and can quickly change due to a variety of reasons, including purchase…
Strength in Numbers
Resilient, tough and tested. These are just a few of the words analysts and retailers alike used to describe the convenience store and petroleum industry over the past 12 months. With the economy suffering its most difficult period in some 80 years, convenience stores held up rather admirably considering how consumer confidence plunged and the…
Convenience Industry Holds Strong
When history looks back on 2009 it will not be generous. The U.S. economy was, and to a certain degree, remains locked in the worst economic recession since the Great Depression. Unemployment is high and the value of the dollar and consumer spending are at near-record lows. While this is bad, it could have been…