Steve Jobs once said that "innovation distinguishes between a leader and a follower." While he likely wasn't referring to the convenience store industry, he might as well have been. Because at a time when retail is increasingly shying away from new openings, the U.S. convenience store category is thriving, with a 0.3% growth in new stores last year.read more
Convenience stores have long been considered a place to get road trip snacks and prepackaged sandwiches, but they are not really thought of as a foodservice or grocery destination. However, that is beginning to change as many chains begin to shift their focus to more better-for-you, fresh options and higher caliber foodservice.read more
C-stores were once seen as a place to grab grub on the go, but recently, operators in the industry have begun to propel the traditional c-store format to something that is closer to a grocery store or restaurant. Whether the store sells fresh produce or has a full kitchen for foodservice, customers are starting to rely upon these formats for some of their daily food purchases. And c-store operators are now investing in themselves at near-record rates.read more
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