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Convenience stores see in-store performance rise Page 2 of 6
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In-store sales for convenience stores are trending upward in 2017, a report
released Wednesday by the National Association of Convenience Stores (NACS)
found. The strength—mainly the result of a rise in food sales—has generated
optimism throughout the industry.
The NACS Retailer Sentiment Survey, which polled 90 domestic companies and
their network of 1,778 stores, found that 60% of convenience stores experienced
higher in-store sales over the first nine months of 2017 than during the same
period of 2016.
Only 20% reported lower numbers during this stretch.
“While retailers attributed several reasons for both strong sales and optimism, an
increased emphasis on fresh food sales was most often cited,” read a statement
accompanying the report. “Pride C-Stores Inc. (Columbia City, Ind.) is placing a
greater emphasis on prepared foods, Kwik Trip (La Crosse, Wis.) continues to
grow its hot foods program, and Cameron Park Petroleum (Folsom, Calif.) is
experiencing strong sales with its fresh sandwich program.”
The report also found that increased motor fuel sales contributed to the rise in
35% of stores during this segment with 27% reporting a drop in this category.
The growth has led to 75% of surveyed retailers expressing optimism about how
their store will perform in the fourth quarter of 2017.
http://www.supermarketnews.com/news/convenience-stores-see-store-performance-rise?... 10/12/2017