A new report from Retale has revealed grocery shopping trends and preferences among Millennial consumers. The results of a recent commissioned study from Retale that examines grocery shopping preferences among Millennial consumers have been released. The study, “Retale Millennial Grocery Report” collected data from 1,000 Millennials across the U.S., and was conducted May 2-6, 2016.…
Organic Food Industry Reaches All Time High in 2015
Enormous growth in the organic food industry in 2015 can be attributed partially to overwhelming consumer demand. A recent survey from the Organic Trade Association (OTA) has revealed that the organic food industry reached new industry records in 2015. The Organic Trade Association’s 2016 Organic Industry Survey revealed that the industry reached a new benchmark…
Independent Restaurants Increase Spending with Broadline Distributors
Independent retailers who were able to withstand recent economic hardships are now doing quite well. Research from The NPD Group has revealed that, despite declines in the number of independent restaurants in the industry, independent restaurant operators account for one third of broadline foodservice distribution dollars. Data from the NPD’s report also revealed that independent…
How to Ensure Customer Retention
A new survey has revealed what consumers consider when deciding whether or not to return to a particular retail location. As many consumers continue to turn to online shopping rather than visiting a brick-and-mortar retail location, it is becoming increasingly important for retailers to work to ensure customer retention. While not all variable that may…
Many Factors Shape Future Eating Habits
The NPD Group seeks to discover what life factors influence current and future eating behaviors. A recently released study from The NPD Group has revealed that, when it comes to eating behaviors, there are more variables weighing in when it comes to predicting future consumption trends than previously believed. Previously, a great deal of weight…
April 2016 Figures Are In
By Bill Scott, President, StoreReport LLC Changes in sales for April were relatively small. An analysis of 30 convenience stores located in Mississippi comes up with a new winner for April. The winner is CAMEL CRUSH Hard Pack that jumped from the 125th position to 91, an impressive gain in rank of 34. Last month’s…
Cake and Pastry Market Poised for Growth
Three major factors have been identified as having a significant impact on the state of the global cakes and pastries market. New data gathered by Technavio analysts has revealed that the global cakes and pastries market is poised for growth over the next few years. According to their latest report, the global cakes and pastries…
Exploring Today’s Workforce
The Eighth Annual CSD/Humetrics Human Resources Benchmarking Survey identifies the key employee issues affecting convenience store retailers and what chains can do to overcome them. By Mel Kleiman, President, Humetrics and John Lofstock, Editor Convenience Store Decisions and Humetrics have again collaborated on our eighth annual Human Resources Benchmarking Survey. The results reported here are…
In-Store Sales Drive Profitability
While motor fuels account for the majority of industry sales, they did not do much for profitability. The National Association of Convenience Stores (NACS) released the industry metrics for 2015 at NACS State of the Industry Summit, which took place in Chicago from April 11-13. According to the data collected by NACS, U.S convenience stores…
Forecasting? What’s That?
By Bill Scott, President, StoreReport Convenience store operators tend to live in the present—How much will I sell today, this week, this month, this year—and put little or no effort in forecasting. Forecasting is easy, IF you have the tools to do it. Forecasting may consists of multiple systems addressing multiple objectives. For example, merchandise planning,…