Tag: C-Stores
Behold, the Pharmacy of the Future
Brick-and-mortar pharmacies face increasing competition from online retail options, leaving their outlook murky. Industry experts feel pharmacies need to focus on being tech-driven – and fast.
Why End-to-End Solutions are Key for C-Store Success
2024: The Year of the Convenience Store
Convenience stores have seen significant growth in 2024, with visits increasing 58.6% in August compared to 2021, driven by expanded food offerings and smaller, more frequent shopping trips.
7-Eleven Parent Clarifies Buyout Rejection
7-Eleven owner Seven & i Holdings Co. commented on its rejection of Alimentation Couche-Tard’s proposal to acquire the company.
Buc-ee’s – Not Your Father’s Fuel Stop
Buc-ee’s has redefined the c-store by boasting the cleanest restrooms, a wide array of private-label goods, music, foodservice, and more.
C-Stores Draw Market Share From Grocery, Retail
Casey’s and Maverik are highlighting breakfast while Buc-ee’s and Rutter’s are leveraging increased square footage and store footprints to drive sales and steal market share away from grocers and retailers.
Restaurant Chains Dominate Top 10 Fastest-Growing Retail Brands
Yelp has released its first-ever list of the 50 fastest-growing brands in the U.S. Restaurant chains dominate the top ten, half of which are “challenger brands” – businesses that are not market leaders but aim to compete by disrupting their industries.
Webinar: The Future of Food Retail
8 Innovation Lessons from the World’s Largest C-Store Brand, 7-Eleven
Marissa Jarratt, 7-Eleven chief marketing & sustainability officer, explains the company’s ascent amid a digital revolution.
Loitering Encouraged: Have a Seat at the C-Store
The contemporary C-store is not just a place of commerce and connection, but community and expanded food/bev services. No Loitering signs are giving way to invitations to pull up, sit down, and stay a while.
How the Pandemic Reshaped Restaurant Real Estate
There has been a sizable population shift to America’s Sun Belt as well as its suburbs and rural areas in recent years. That fact has reshaped the nation’s commercial real estate, experts say.
FI Fast Break audio news: July 26, 2023
The latest Food Institute news podcast touches on convenience stores’ big push to sell pizza throughout America.
C-Stores’ Transformative Era Is Upon Us
The C-store landscape has changed drastically over the last several years, but the transformation is far from over.
Beyond the Pump: A C-Store Deep Dive
Convenience stores often get a bad rap for lackluster foodservice options, but the category has expanded to include better foodservice options in the past few years.
The Future of Food Retail
Grocers continue to be challenged by the emergence of competitive C-stores, inflation, and a looming global recession.
Report: Loyalty Members Defying Inflation with Higher Spending
Loyalty spending reached the highest point on record across all restaurant and convenience store concepts in 2021. This traction reflects the value of loyalty programs as a source of revenue during inflationary periods. According to …
FI Fast Break audio news: Aug. 24, 2022
The latest Food Institute news podcast touches on how c-stores must adapt amid the current inflationary environment.
CEO: C-Stores Must Evolve in Inflationary Environment
C-stores must evolve to provide experiential store journeys rather than serve as just quick, grab-and-go retailers.
7-Eleven’s Recent Acquisition Could Reshape Delivery Space
7-Eleven’s recent acquisition of start-up Skipcart offers the convenience store chain many future opportunities, a consultant said.
Digital Ordering Key Factor in Restaurant Gains
A growing number of consumers prefer digital ordering over in-store experiences, according to a recent report from Paytronix. The 2022 Paytronix Order & Delivery Report found that, while digital orders at restaurants and c-stores have …
Convenience Store ‘Grab-and-Go’ a Growing Meal Option
The convenience store long has been a place where one could grab a quick slushy on the way home from school or a bag of chips on the road. But a funny thing has happened: …
Case Study: Foxtrot Reimagining C-Store Experience
Foxtrot, a modern convenience store chain with an all-day café and a 30-minute delivery app, aims to expand into more metropolitan areas following its $100 million Series C raise in January. What differentiates Foxtrot from …
Convenience Store Growth Poised to Continue Amid Pandemic
Convenience stores have been reaping the benefits of pandemic-induced shifts in consumer behavior and many chains across the U.S. are targeting expansion, according to a Retail Tenant Expansion Report by real estate firm Stan Johnson …
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Report: Convenience Store Growth in Q3 Boosted by Edible Products
The convenience store channel grew 7.7% in the 13 weeks ending September 26, outperforming the broader market for the third consecutive quarter, according to a new report from data analytics firm IRI. Stronger growth in …
As Convenience Store Business Grows, So Does M&A
Over the past year, convenience store business has been growing—particularly in the acquisition space. Convenience store in-store sales reached a record $255.6 Billion in 2020, according to NACS State of the Industry data. While total …
Major C-Store Operators Look to Expand
During the COVID-19 pandemic, gas stations emerged as key, profitable parts of oil companies’ operations as more consumers turned to them for food and drink purchases that were a bit closer to home. While fuel …
Hot Dogs, Cigarettes and Soufflé: Couche-Tard Makes Play for Carrefour
Alimentation Couche-Tard, the Canadian owner of Circle K convenience stores, is exploring a takeover of French grocer Carrefour SA in a roughly $20 billion deal that would create a trans-Atlantic retail giant. The not-so-typical move comes on …
QuickChek Acquisition Caps String of C-Store Purchases
The QuickChek acquisition by Murphy USA in a $645 million deal, capping off a string of convenience store acquisitions during the first half of December. QuickChek, which began its operations as a dairy delivery service …
C-Stores Profit from Pandemic
More than half of c-store operators said they expect their total 2020 sales to be at least somewhat higher than last year’s profits, according to CSP Daily News’ latest Outlook Survey. Thirty-nine percent anticipate their …
Convenience Stores Adapt During COVID-19
Main Points: Convenience stores must adopt practices to ensure employee and customer safety, such as contactless checkout The ability to shift focus to different day parts to achieve sales is essential Consumer loyalty is …