“We won’t stop,” says AG William Tong
|
|
| | | | | Profits are at a 70-year high, and Senate bill would give the attorney general more powers against price gouging. READ MORE |
|
| |
|
|
|
|
| The Retail Daily podcast Produced in cooperation with editors from CSP Daily News, the Retail Daily features the day’s top headlines from the grocery and c-store industries. TAKE A LISTEN |
|
| |
|
|
| | | | | “Clearly shoppers believe supermarkets could do more in terms of supporting them when it comes to fighting inflation.” READ MORE |
|
| |
|
|
| | Convenience stores saw record sales in stores in 2023, according to newly released data. Total convenience industry sales in 2023 were $859.8 billion and average basket size increased 3.7% to $7.80.
So we asked:
Are we only going to see convenience sales continue to grow?
And you answered:
Yes, the demand is there (60%) Depends on inflation (38%) Other, tell us in the comments
And you also said:
Felice Kaufman, Grocery Sales and Marketing, Natural Food and Beverage Brands
That’s because it’s less expensive to buy a rack at the Circle K than to walk into Publix. The prices keep going up and there seems to be no end in sight. Are the grocers sending extra coupons or giving back a point? No, they’re not. Soon we’ll all be shopping at Mobile for hot dogs and tissue paper.
Sherrelle Smith, Consultant
Yes, I believe convenience will survive BUT they must have a plan that continues to meet their customers needs. They must be mindful of the impact of inflation.
--
Have another thought? Weigh in on our LinkedIn poll here, or email the SN team at contactus@supermarketnews.com, and make sure to include your first and last name and job title. Have a great weekend. WHAT DO YOU THINK? |
| |
| |
|
|
| You are subscribed to this newsletter as newsletter@newslettercollector.com
Questions or problems? Contact Customer Service
Supermarket News | Informa | 605 Third Avenue, 22nd Floor, New York, NY 10158
© 2023, Informa USA, Inc., All Rights Reserved . Privacy Policy | |
| | |
|
|
|
|
