Tobacco Challenges Piling Up
The competitive environment is one more reason for convenience store retailers to worry about tobacco sales trends, according to a recent survey of c-store retailers and wholesalers. “Our survey respondents…
The Power of Cigarette Pricing
Price increase: something few retailers want to hear when it comes to cigarettes, especially with Obama proposing a 94-cents-per-pack increase to the Federal Excise Tax (FET) in his most recent…
7-Eleven Expanding into Detroit
7-Eleven plans to revive development in Michigan next year, reports the Detroit News. The convenience store chain plans to open 20 stores in the Metro Detroit area in 2013, including…
$3.44 Is ‘Too High’ Mark for Many Motorists
Half of U.S. adults consider gasoline prices to be “too high” when it reaches $3.44 per gallon, indicating a potential break-point on prices, according to a new consumer price index…
Convenience Stores Focus on Food
The Gazette (Cedar Rapids, Iowa) provided a detailed feature on the convenience store industry’s burgeoning foodservice programs. Citing NACS figures that show foodservice sales comprised 16.9% of $195 billion of…
Top 10 Craft Beer States
Top 10 Craft Beer States Craft beers are a booming business in the United States. Here is USA Today’s list of the top-10 states for craft beers. California: A state…
IRI, Boston Consulting Identify CPG Top Performers
Lorillard, Hershey, Anheuser-Busch InBev, Green Mountain Coffee Roasters, Chobani, Starbucks, TalkingRain, Idahoan, and Handi-foil are the top-performing companies in the U.S. consumer-packaged-goods (CPG) industry, according to a new study by…
Americans Smoking Fewer Cigarettes, More Cigars
While cigarette consumption in the U.S. is decreasing, part of the drop is being offset by increases in consumption of loose tobacco and cigars, the Los Angeles Times reports. Cost…
NGA Independent Grocers Economic Impact Study
The National Grocers Association (NGA) has released the results of a study on the impact of independent grocers on America’s economy. This groundbreaking research provides a clear picture of the…
Strategies for Successful Succession Planning
Strategies for Successful Succession Planning illustrates the importance of planning for the succession of a business and why the “tax tail doesn’t always wag the dog” in these decisions. There…