New technology helps retailers focus on freshness and maintain the power of their brands. It wasn’t long ago that convenience stores were stuffed with nothing but pre-packaged foods with a long shelf life. That’s not the case today, as consumers have dictated what matters most: convenient products with freshness and quality. That, after all, is…
walmarts small mart
Might the world’s largest retailer take a run at operating convenience stores? Absolutely. By Michael Bergdahl Imade a presentation at the National Association of Convenience Stores’ 2004 annual conference in Las Vegas last October. My speech centered around my book, What I Learned from Sam Walton: How to Compete and Thrive in a Wal-Mart World.…
meat marketing
In search of a truly unique foodservice offering, NOCO Express found a hometown partnership that really ’beefed up’ store sales. There’s a delicacy that originated in Buffalo, NY, called a Roast Beef on Weck sandwich. It’s a hot roast beef sandwich where the meat is aged three to four weeks in a cooler and hand-carved…
paying a premium
Healthcare costs are on the rise nationwide. Self-insured Sheetz takes a committee-based approach to curtailing healthcare expenses. During the past five years, businesses across the country have seen health benefits costs jump an average of 14% per year. As a result, companies are making tactical moves to help stop the bleeding, so to speak. Whether…
spoons and toons
Cereal ain’t just for breakfast anymore. A new concept called Cereality caters to all customers and all dayparts by recreating a cherished childhood experience. Starbucks may soon have competition for consumers’ "third place," after home and the office. Near the University of Pennsylvania campus in downtown Philadelphia stands the Cereality Cereal Bar & Caf, an…
cashing in on credit
Rising credit card fees got you down? Some retailers have convinced many credit customers to trade down to cash. Customers using cash or a CITGO Cash Card (above) at Larry Neville’s CITGO station in Florida receive a discount on gas purchases. Some credit-card customers aren’t too pleased, but Neville says the program has been worthwhile…
foodservice
Coffee gets its legs Adding disposable beverage transports to the lineup can give a jolt to the industry's leading gross profit margin category—hot dispensed beverages— while reinforcing a retailer's brand image. Such bulk transports, pioneered by vendors like LBP Manufacturing (www.lbpmfg.com), enable customers to take multiple cups of coffee—10 to 12 per fill-up—on the move,…
whats the big idea
Stuff your stocking with ideas for making more money in 2005 by Kate Buczko, Associate Editor, and Bill Donahue, Editor New ideas are the lifeblood of our industry. They give our stores the opportunity to grow and adapt to market conditions, and expand into virgin territory. The editors of CSD have compiled some of the…
fuel marketing
Miller Oil nets higher fuel margins Three years ago Miller Oil Co. had been taking a beating at the pumps. The market had inverted for nearly three months and Miller's fuel volume was, pardon the pun, in the tank—a 10% to 15% decline per year over a three-year period—due to competitors pricing below cost. The…
new retail concepts
Developing trends Approximately 40% of U.S. households will own at least one digital camera by the end of 2004, according to InfoTrends Research Group. As the technology becomes more prevalent, consumers are looking for affordable, convenient printing options, and if convenience stores are prepared, they could capture those customers. 7-Eleven Inc. (Dallas, TX) is in…
