The onslaught continues. It never ceases to amaze me that why, in these trying economic times, lawmakers insist on introducing legislation that costs retailers sales opportunities. Virtually every chain I’ve covered over the past 15-plus years in this industry has counted on earnings and profits to reinvest in the business. That means buying more real
Cigarettes continue to be the top in-store category based on sales dollars. On a monthly basis, the industry per store average over the past year was $39,127. However, its gross profit contribution slipped to 3.2% to $6,152 falling behind package beverages ($6,526), according to the National Association of Convenience Stores State of the Industry report.