Despite the global recession, convenience stores have thrived thanks to their ability to provide fast service, quality products and great value in strategic locations. As service and location remain the industry’s primary competitive advantage over supermarkets, drug stores and mass merchandisers, many of whom are moving into the fuel and fresh food business, convenience stores
The energy shots and drinks market has been on an upward growth trajectory since 2010 and with the improvement in the economy is expected to continue on this growth. By Howard Riell, Associate Editor Americans need all the energy they can get their hands on, which goes a long way to explaining the enduring success
More U.S. cities go green and ban the use of plastic bags in retail outlets. The ban on plastic bags continues as Seattle bans single-use plastic shopping bags at all businesses in the city, according to an Examiner report. The ban went into effect on Sunday, as was approved by the Seattle City Council in December.
A Jefferies-AlixPartners study shows food-at-home spending to jump by $50 billion a year for Millennials and decrease by up to $15 billion annually for Baby Boomers by 2020. Jefferies, a global investment bank, and AlixPartners, a global business advisory firm, have announced the findings of their new joint study, Trouble in Aisle 5, which finds
MSA and Paradigm Sample, in partnership with Convenience Store Decisions, examine the purchasing habits of adult tobacco consumers at U.S. convenience stores. By Trish Temmerman, Management Science Associates, and John Lofstock, Editor. The tobacco industry continues to face challenges on multiple fronts, namely ongoing legislative initiatives and the ever-present high rate of taxation. These persistent
Los Angeles plans to get rid of all plastic bags in the city to promote sustainability in its grocery, convenience and retail stores. The Los Angeles City Council approved a sweeping ban on the distribution of single-use, plastic shopping bags at grocery stores, convenience stores and pharmacies within the city. This decision came from a
International Dairy-Deli-Bakery Association report shows demographics are changing, impacting the way retailers market. A new cultural mix is shaping the retail food market, according to the “What’s In Store 2012” report from the International Dairy-Deli-Bakery Association (IDDBA). The burgeoning U.S. Hispanic population, in addition to single-person households, are steadfast forces in the grocery aisle. Active
New report shows c-stores have greatly benefited from the growth of the overall retail industry. Research and Markets has announced the addition of the “US Convenience Stores Forecast to 2014” report to its offering. The U.S. convenience stores industry, one of the world’s largest and fastest growing sectors, presents lucrative investment opportunities for new players.
“With her deep understanding of retail and consumer trends, her love of our industry and her strategic communications background, Ellen is the perfect candidate to re-imagine the possibilities for our Foundation,” says NRF CEO. The National Retail Federation announced today that Ellen Davis has been named senior vice president and executive director of the NRF
Website tools to help convenience retailers maximize sales potential. The Kellogg’s Convenience Team has launched a redesigned Website, www.kelloggsconvenience.com, a comprehensive and interactive tool for convenience store owners. “Our goal has always been to provide a high level of personal service for our customers every day,” said Kimberly Belson, spokesperson for Kellogg’s Convenience Team. “We’ve
NACS releases results of its annual Retail Fuels Report. Price remains the dominant reason why consumers buy fuel at a particular location, according to the results from the new 2012 NACS Consumer Fuels Report. Nearly two-thirds of consumers (63%) rated price as the most important reason why they select a particular location for fueling, more
Veteran Designer Joseph Bona shares trade secrets with viewers of TV’s ‘Modern Marvels’. The History Channel’s “Modern Marvels” makes clear in a new episode on the convenience-store phenomenon that there is much more to America’s go-to pit stops than just coffee, soda, snacks and hot dogs. Indeed, convenience stores are carefully designed for maximum speed
Nearly one-third of U.S. shoppers found empty shelves this holiday season, an Aldata survey finds. Holiday shopping wasn’t a cheerful experience for many Americans this holiday season. According to a new survey of more than 1,000 U.S. in-store shoppers, 31% discovered that the product(s) they were looking for this holiday season were out of stock.
“Fiscal 2012 represents an important transitional period for the company, as we focus on a pricing strategy that is intended to improve merchandise sales growth and align our gasoline volume with industry trends,” says The Pantry’s Interim CEO. The Pantry Inc. has announced financial results for its fiscal fourth quarter and year ended Sept. 29,
“The investment creates an exciting resource that will become an asset to help us connect with and deliver great advancements to our valued customers,” says Bolla Oil CEO. Bolla Oil gas station and convenience store locations, located in the New York market, are adding inOvationTV to more than 40 sites, some of which will be
“Convenience stores are increasingly falling into the same consideration set as fast-food restaurants,” says Technomic director. As convenience stores continue offering busy consumers more options for meals and snacks, new research by Technomic finds consumers are taking advantage of the expanding foodservice options, many times at the expense of quick-service restaurants. Of consumers polled on
As technology continues to change the way we do business, retailers must weigh the benefits of being ahead of the curve versus the risks, and the disadvantages of falling behind. By Erin Rigik, Associate Editor. In a scene from the futuristic movie “Minority Report,” Tom Cruise’s character walks through a shopping mall while 3-D screens