C store news
Here are some recent news and updates from the convenience store industry:
1. Convenience Store Sales Reach Record High
According to the National Association of Convenience Stores (NACS), convenience store sales in the United States reached a record high of $544.4 billion in 2020. This represents a 3.5% increase from the previous year.
2. C-Store Chains Expand Delivery Services
Several convenience store chains, including 7-Eleven, Circle K, and Sheetz, have expanded their delivery services in recent months. This move is aimed at attracting more customers and increasing sales.
3. Cannabis Sales Boost C-Store Sales
The legalization of cannabis in several states has led to an increase in sales at convenience stores. According to a report by the convenience store industry publication, CSP Daily News, cannabis sales have boosted c-store sales by an average of 10% in states where cannabis is legal.
4. C-Store Chains Invest in Technology
Convenience store chains are investing heavily in technology to improve the customer experience and increase efficiency. For example, 7-Eleven has launched a mobile app that allows customers to order and pay for food and beverages in-store.
5. C-Store Industry Faces Labor Challenges
The convenience store industry is facing labor challenges, including a shortage of qualified workers and high turnover rates. According to a report by the National Restaurant Association, the convenience store industry has a turnover rate of 75%, which is higher than the national average.
6. C-Store Chains Expand Healthy Food Options
Several convenience store chains, including 7-Eleven and Circle K, have expanded their healthy food options in recent months. This move is aimed at attracting health-conscious customers and increasing sales.
7. C-Store Industry Sees Growth in Online Ordering
The convenience store industry is seeing growth in online ordering, with many c-store chains offering online ordering and delivery services. According to a report by the convenience store industry publication, CSP Daily News, online ordering has increased by 20% in the past year.
8. C-Store Chains Partner with Food Delivery Services
Several convenience store chains, including Sheetz and Wawa, have partnered with food delivery services such as Uber Eats and GrubHub to offer delivery services to customers.
9. C-Store Industry Faces Competition from Online Retailers
The convenience store industry is facing competition from online retailers, including Amazon and Walmart, which are offering convenience store products online. According to a report by the convenience store industry publication, CSP Daily News, online retailers are expected to capture 10% of the convenience store market by 2025.
10. C-Store Chains Focus on Sustainability
Several convenience store chains, including 7-Eleven and Circle K, are focusing on sustainability initiatives, including reducing energy consumption and waste, and increasing the use of renewable energy sources.
These are just a few of the latest news and updates from the convenience store industry. If you have any specific questions or would like more information, feel free to ask!