At the NACS State of the Industry Summit in Chicago this week, Matt McCourt, director of Convenience / Spirits for SymphonyIRI Group, spoke on the new products in the c-store channel drawing the most excitement from consumers. Topping the list by Symphony IRI of the top new items in total U.S. c-stores for the 13…
Efficient Exit Strategies Sweeten Candy Profits
Developing an effective exit strategy for candy and reviewing product performance regularly can boost profits in the candy segment. “On a basic level you want to discontinue the slow moving items that rank in the bottom of the category to bring in something new that is going to contribute sales and margins to the category,”…
NCA Announces Changes to Public Policy and Advocacy Efforts
The National Confectioners Association (NCA) has added two members to its public affairs and advocacy department and is re-structuring several other positions in order to enhance its public policy and advocacy efforts following a year-long strategic planning process. Joining NCA as vice president of government affairs is Patrick Aylward who most recently served as the…
Core Brands Drive Candy
The confectionery retail market grew across all trade channels in 2009, but supermarkets, dollar stores and warehouse clubs outpaced the overall retail market in 2009, according to the National Confectioners Association (NCA). NCA also noted c-stores brought in $4.6 billion in dollar sales in 2009, up 3%. Seasonal confectionary sales were up 1.2% in 2009…
Chocolate Sweetens Candy Sales
TOP PERFORMERS Hershey’s Mars HONORABLE MENTIONS Nestlé Ghirardelli While the current recession has slowed down sales of everything from cars to organic groceries, people seem happy to keep shelling out for chocolate, and convenience store owners couldn’t happier. Chocolate is one of the more recession-resilient food sectors. With consumers eating out less and eating at…
Grocery Sales Going Up
Signs of the Times Overextended and anxious about the economy, consumers are responding to economic pressures by buying less, borrowing less and paying down credit card debt. The amount Americans owe on credit cards and other consumer loans plunged a record $21.6 billion in July, dimming prospects that the budding economic recovery will extend to…
Customers Indulging in Chocolate
The Benefits of Chocolate Once considered a “guilty pleasure,” researchers now say that chocolate offers health benefits—when consumed in moderation and provided the chocolate is the right kind. International experiments show that dark chocolate has an impressive array of activities, according to the Harvard Health Newsletter. It’s an antioxidant that may improve cholesterol scores and…
Turkey Hill Supports its Hometown Heroes
While the recession rages on at home and many Americans are struggling to make ends meet, far too many people have forgotten the work our brave men and women are doing overseas. So, Turkey Hill rallied its own troops to send them a message: You are not forgotten. Last month, the Pennsylvania-based operator of Turkey…
Gum Sales Grow
The retail sector is still struggling overall, but as some segments continue to sink, others rise. American consumers are still buying billions of dollars of candy each year, and this isn’t changing as they resist making major purchases. Even during a recession, American consumers still have a sweet tooth, which explains why gum and candy…
A Call to Action
Of all the issues I’ve worked on at Convenience Store Decisions, this month’s issue stands out for the sense of urgency conveyed throughout the numerous stories. Beginning with Bob Gatty’s outstanding cover story on the opportunities in the candy category to PCI compliance, Hispanic marketing and emerging tobacco trends, retailers are being challenged at every…
