“Fiscal 2012 represents an important transitional period for the company, as we focus on a pricing strategy that is intended to improve merchandise sales growth and align our gasoline volume with industry trends,” says The Pantry’s Interim CEO. The Pantry Inc. has announced financial results for its fiscal fourth quarter and year ended Sept. 29,…
Susser Reports Operating Results
“We delivered one of our strongest quarters ever in same-store merchandise sales growth during the latest quarter, and despite higher gasoline prices versus a year ago, we achieved strong growth in gallons sold,” says Susser CEO. Susser Holdings Corp. has reported strong financial and operating results for the third quarter ended Oct. 2, 2011, driven…
NACS 2011 Gulfcoast
Gulfcoast Software Solutions introduces the new Store Keeper Plus module. Manage up to 1,000 stores in real time between store and corporate level. 10x per second provides an accurate picture of your store in real time in an easy to use reporting format with intuitive graphic capabilities. Graphical interface allows you to view all of…
Gulfcoast Software Solutions
Gulfcoast Software Solutions introduces the new Store Keeper Plus module. Manage up to 1000 stores in real time between store and corporate level. 10x per second provides an accurate picture of your store in real time in an easy to use reporting format with intuitive graphic capabilities. Graphical interface allows you to view all of…
Variety Spicing Up Salty Snacks
In the midst of the recession, more consumers are opting for at-home entertainment, which is good news for the salty snacks category. This trend may account for a jump in sales of chips and popcorn, the quintessential counterparts for an at-home movie. Last year, salty snack sales totaled $4,962 with a profit of $1,867, a…
Tracking the Trends
An otherwise tough year for convenience stores was balanced out by strong retail fuel margins from the unprecedented drop in wholesale fuels prices during the fourth quarter of 2008, according to National Association of Convenience Stores’ (NACS) 2009 State of the Industry report. However, credit card fees continue to take a toll on industry profitability.…
C-stores Poised for Huge Growth Through 2013
In the midst of a cavalcade of negative news about the down economy, RNCOS Inc., a research firm, offers some positive news for c-store operators. The firm found that with help from increasing motor fuel and in-store sales, the U.S. c-store industry is expected to skyrocket in growth between 2009 and 2013. In it’s newly…
Convenience Stores Hurt by Tobacco Taxed Ad Sales
Cigarettes continue to be the top in-store category based on sales dollars. On a monthly basis, the industry per store average over the past year was $39,127. However, its gross profit contribution slipped to 3.2% to $6,152 falling behind package beverages ($6,526), according to the National Association of Convenience Stores State of the Industry report.…