Few operators take the time to better understand both revenue projections as well as variable and fixed expenses so they can see what contributes or detracts from store profitability. A profit and loss (P&L) analysis provides a simple yet effective way of managing both revenue and expenses. When conducting a P&L analysis, small tweaks can…
How an Independent C-Store Can Stage a Killer Grand Opening (or Anniversary)
Creating an exciting retail grand opening or anniversary event requires work upfront, but in the long run will make your store drive sales. Still, this can often be a challenge for small, independent convenience store chains who often lack the promotional power of huge chains. But with some careful planning and strategic attention to detail,…
How Does Safe Shop Assured™ Certification Benefit Retailers?
Discussing cleanliness and safety isn’t always easy for retailers. Much of their hard work happens behind the scenes in ways that aren’t apparent to consumers, and there has never been a simple and effective way to communicate brand standards. This was apparent over the past year as retailers worked to maintain brand trust during the…
Tobacco Loyalty Tools Finding Their Way to Independent C-Stores
Single-site and independently operated c-stores will find it easier, regardless of fuel brand, to use tobacco manufacturer funds and promotions to drive sales. Convenience industry software solutions provider PDI Software has expanded its PDI CStore Essentials tobacco loyalty solution to those smaller operators. For thousands of single-site c-stores in the U.S., access to the latest…
StrasGlobal Appoints Leaders for Small Chain Services
StrasGlobal, provider of contract operations for gas stations and convenience stores around the country, has announced the addition of two industry leaders to the Resources for Retailers (RfR) team. Introduced in December of last year, RfR provides solutions for the challenges that are common to single store and small chain convenience store operators. “We are…
Study: NY Flavored Tobacco Ban Bad for Businesses, State Coffers
Outlawing the sale of flavored tobacco products for adults — such as cherry pipe tobacco and menthol cigarettes — would deepen New York State’s budget hole, threaten the survival of thousands of mom-and-pop retailers, and place the jobs of frontline workers at these businesses at risk. That’s the conclusion of an economic study performed by…
Skupos, 5-hour ENERGY Partner for First Consumer Promotion at Independent C-Stores
Skupos, a technology platform connecting the convenience retail industry, and the makers of 5-hour ENERGY shots announce the energy shot brand’s first consumer promotion on the Skupos Engage platform. Skupos Engage is a game-changing platform that enables brands to run, measure and test promotions in a base of more than one million consumers across thousands…