Summer Drive Predicted To Be Near Normal Levels pressreleasepoint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pressreleasepoint.com Daily Mail and Mail on Sunday newspapers.
Summer Drive Predicted To Be Near âNormalâ Levels
Convenience retailers anticipate the return of summertime travel and customer trips.
April 05, 2021
ALEXANDRIA, Va. Convenience retailers anticipate that leisure travel and routine customer trips will return to pre-pandemic levels this summer, according to the results of a new survey of U.S. convenience store owners by NACS Research.
Convenience stores, which sell 80% of the fuel purchased in the country, experienced a 13% decrease in fuel sales and less customer traffic throughout the pandemic. However, most (52%) say that summer travel and commuting patterns will be close to pre-pandemic levels. However, this is not shared optimism: 28% don’t expect to see traditional travel patterns emerge until 2022.
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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
Despite Pandemic, Nearly Six in 10 C-store Retailers Say In-Store Sales Grew in 2020
ALEXANDRIA, Va. Convenience stores saw fuel sales and commuter traffic dip during the COVID-19 pandemic; however, a majority of retailers did see in-store sales grow.
According to the latest
NACS Retailer Member Pulse Survey, 59 percent of U.S. c-store owners reported an in-store sales increase, compared to 30 percent who reported a decrease.
Facing changes driven by the health crisis, c-store operators adjusted their product mix and focused more on take-home meals and grab-and-go meal solutions. Specifically, 49 percent put more emphasis on pre-packaged ready-to-eat meals, 41 percent focused more on prepared foodservice meals, and 24 percent focused more on ready-to-heat take-home meals.