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,…
Low Gas Prices Increase Spending in Other Markets
Although some are spending the money they save on fuel in different areas, many are choosing to save more and pay off their debts. According to data from a recent consumer survey conducted by the National Association of Convenience Stores (NACS), there is variation in the categories that are profiting from current fuel savings. More…
Customers Desire a Healthier Restaurant Experience
Many consumers are on the lookout for healthier menu items, but the majority believe that healthy menu items are too expensive. New research from Mintel has revealed that the shift away from calorie counting and toward holistic wellness has led to a search among U.S. consumers for restaurants that provide clear indicators of healthy items.…
Technavio Forecasts Food Stabilizers Market Growth
Growth in the food stabilizers market will help the foodservice industry to innovate and expand. The new Global Food Stabilizers Market 2016-2020 report from Technavio provides an in-depth analysis of the food stabilizers market in terms of revenue and emerging market trends. Data from the report suggests that the market will generate $9.69 billion in…
Fuel Prices Impact C-Store Sales Trends
The majority of retailers feel optimistic about business prospects in the coming quarter. A new survey of convenience retailers from the National Association of Convenience Stores (NACS) has revealed that fuel prices are having a significant impact on c-store sales. According to data from the study, low gas prices are driving convenience store sales, in…
Snack and Beverage Dollar Sales are Up
Wells Fargo has released data on the current status of the beverage and snacking markets, specifically considering the industry’s giants. Wells Fargo has released data on the beverage and snacking markets. The research has revealed that the sales in both of these markets is up for the period in the last period. All Channel Sales…
Significant Growth Expected in the Soy Food Market
Growth in the soy food market is being attributed to a number of factors related to the benefits of soy products, along with the introduction of new products. New research from a study conducted by Technavio has revealed that the U.S. soy food market is expected to experience significant growth in the coming years. Data…
January/February Comparison Sales Based on Sales From 33 C-Stores in Southern Mississippi
By Bill Scott, President, StoreReport LLC Sales comparisons are in for the previous two months. Not a lot of surprises in February. ‘Pall Mall Blue 100 .50 Off Deal’ dropped off the Top 100 List this month after showing a strong showing in the previous month; however Pall Mall Blue 100 HP did well, jumping up…