C-Store Suppliers Are Confident About 2021
Suppliers are investing more in the convenience channel and focusing on product innovation.
February 08, 2021
ALEXANDRIA, Va. Suppliers who sell through convenience stores saw their sales in the channel grow in 2020, with nearly twice as many reporting an increase rather than a decrease (50% vs. 28%, respectively), according to the results of a new NACS Research survey of supplier members.
The NACS Supplier Member survey results mirror what NACS retailer members reported in a similar survey in January, with 59% of retailers reporting a sales increase, compared with 30% who saw sales decline (in-store sales only).
More significantly, NACS supplier members say they are increasing their emphasis on the convenience channel in 2021: 63% said they will boost their investment in the channel including 18% who will significantly increase their investment compared to 10% who say they will decrease their convenience retail investment. And, they s
2020: A Pivotal Year for NACS
Virtual experiences, landmark research and frontline heroes are among the highlights of a historic year.
December 28, 2020
ALEXANDRIA, Va. The entrepreneurial nature and amazing grit of convenience and fuel retailers inspires us at NACS to push ourselves to test and learn as an organization to better serve our industry, so when the pandemic hit during late winter, instead of tapping the brakes, our teams pressed the accelerator.
COVID-19 forced the cancellation of in-person events from mid-March onward. In fact, the NACS 2020 Day on the Hill with a record 174 attendees participating and the NACS 2020 HR Forum were the last “live” and in-person U.S. events of 2020 for NACS.