The NPD Group has released a report that shows Generation Z is not following trends that have occurred in previous generations when it comes to restaurant usage. Historically, the heaviest restaurant usage stage occurs from the ages 18-24, which is currently where the oldest among Gen Zers are situated. Two decades ago, when Gen Xers…
C-Store Investments into Foodservice Prove to be Beneficial
Last month, Bluedot surveyed 1,570 American consumers and released the first Convenience Experience Report that explores consumer sentiment and the customer experience at gas stations and c-stores. The inaugural report explores how consumers think about c-stores and gas stations and what drives their behavior, preferences and loyalty. The findings offer a glimpse into the current…
Retailers Report Decreased Customer Traffic
A new survey released by NACS revealed that over the past three months, 59% of retailers said their customer traffic has decreased in stores, likely in large part due to high gas prices. Convenience stores, which sell an estimated 80% of the fuel purchased in the U.S., rely on in-store sales, not fuel sales, to…
Industrial Hemp Market Projected to Grow
Research and Markets recently added industrial hemp data to its offerings, as the company shares its predictions for the industry from 2022-2027. The growing acceptance of industrial hemp in numerous industries, coupled with the loosening of strict rules, has increased the market value. Furthermore, innovation and development of new products also expand the market prospects.…
C-Store Workshops for Store Managers
BandyWorks is launching c-store workshops for store managers. Store managers are the single most manageable factor in c-store results once the store investment is made. The workshop addresses employee retention, loss prevention, customer service, inventory levels, store cleanliness, cash control, management pipeline and recruitment. C-Store Growth Mindset workshops are based on a field-proven, research-validated set of […]
Restaurant Visits Decrease in April 2022
As a result of increased pricing of a foodservice meal over the past few years, The NPD Group reported that there was a 4% decline in consumer visits to U.S. restaurants this April compared to a year ago. Factors that contributed to this decline include food inflation, rising costs and a 9% increase in the…
NACS Releases C-Store Performance Data
The resiliency of the U.S. convenience retailing industry was amplified in 2021, and the year’s total in-store sales increased to a record $277.9 billion, according to newly released NACS State of the Industry data. The in-store increase in sales came despite a 1.5% decline in the number of convenience stores, which totaled 148,026 stores at…
Study Shows Takeout and Delivery Programs Offer Business-Building Opportunities
Y-Pulse conducted a new nationwide survey, and insight from it suggests that takeout and delivery programs are much more than a convenience for young adult consumers. A well-crafted takeout and delivery program can build awareness, encourage new product trial and strengthen relationships with this sought-after demographic. Y-Pulse surveyed 670 U.S. consumers between the ages of…
IRI and NPD to Merge
Information Resources, Inc. (IRI) and The NPD Group (NPD) announced the signing of a definitive agreement through which IRI and NPD will merge. The combination will create a leading global technology, analytics and data provider that offers clients a view of total retail purchasing and consumption trends powered by advanced, predictive analytics on the IRI…
ACE Comments to EPA on Biofuel GHG Modeling
The American Coalition for Ethanol (ACE) submitted feedback on the current scientific understanding of greenhouse gas (GHG) modeling of land-based crop biofuels in response to the Environmental Protection Agency’s (EPA) request for comment. ACE CEO Brian Jennings and ACE Board Director Ron Alverson contributed to the feedback after attending EPA’s workshop on biofuel GHG modeling.…