Category Trends: Page 10
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Retrieved from CrossAmerica Partners website.
CrossAmerica Partners credits beer and snacks for successful Q2
Excluding cigarettes, the retailer’s inside sales grew 8% year-over-year, according to its recent earnings report.
By Brett Dworski • Aug. 9, 2023 -
Retrieved from Murphy USA.
Murphy USA testing new store format
The c-store chain is using lessons it has learned from its QuickChek stores to remodel some of its 2,800-square-foot locations.
By Jessica Loder • Aug. 3, 2023 -
Molson Coors eyes $100M marketing spend hike to sustain brand momentum
The company, which has historically under-indexed in c-stores, will increase its shopper marketing dollars in the industry in the second half of this year.
By Peter Adams • Aug. 3, 2023 -
How Mondelēz’s 60-year-old Chips Ahoy! brand is resonating with younger consumers
The chocolate chip cookie offering with $1 billion in sales is one of the snacking giant’s fastest-growing products, increasing by “double digits” annually.
By Christopher Doering • Aug. 1, 2023 -
Retrieved from Kum & Go press release.
5 storylines to watch through the rest of 2023
What M&A deals might happen next? How will the industry’s EV charging push unfold? Here’s what we’re keeping an eye on over the coming months.
By Jessica Loder , Brett Dworski • July 31, 2023 -
Nestlé debuts ‘breakthrough’ technology that reduces sugars in key ingredients
The CPG giant said it developed an enzymatic process that cuts intrinsic levels of the sweetener in ingredients such as malt, milk and fruit juices by up to 30%, with a minimal impact on taste and texture.
By Christopher Doering • July 24, 2023 -
Retrieved from Pilot.
Pilot takes the lion’s share of Ohio NEVI funding
The travel center company was awarded more than half of the state’s $18 million in 2023 grants to build out 14 locations.
By Jessica Loder • July 24, 2023 -
Coca-Cola, PepsiCo sales likely to withstand WHO aspartame cancer ruling
The cola giants have large stakes in the sugar-free space with Coke Zero, Diet Coke, Pepsi Zero Sugar and Diet Pepsi — all four of which contain the hotly-debated ingredient.
By Christopher Doering • July 18, 2023 -
How c-stores are built to ride out (most) inflation
While Goldman Sachs’ analysts are bullish on the outlook for c-stores in 2023, they are concerned that higher interest rates and economic pressures will continue to impact fuel and in-store spending.
By Christine Blank • July 17, 2023 -
Wisconsin c-store operator offers slew of product freebies under new loyalty program
Weiler’s Convenience Stores features more than a dozen different offers where shoppers can get free coffee, pizza and other products after buying five or 10 of the same item.
By Jessica Loder • July 14, 2023 -
Inflation could impact summer GM sales at c-stores
If consumer spending stays low through the next few months, unique and seasonal product mixes and promotions will be key to driving the category, experts say.
By Christine Blank • July 11, 2023 -
C-stores should brace for inflation pressure through 2023
Trips have trended down along with basket sizes, but experts say c-stores should continue to focus on bundling items and promoting core categories like alcohol and snacks.
By Christine Blank • July 5, 2023 -
Monster Beverage set to buy Bang Energy for up to $362M
A previously scheduled auction for the bankrupt energy drink maker has been canceled, a court document showed. The purchase still needs regulatory approval.
By Christopher Doering • June 29, 2023 -
Retrieved from Kum & Go press release.
Kum & Go boosts points, flexibility with new loyalty program and app
The refreshed program doubles points earned and offers more ways to use them — a strategy that promises a “huge upside,” according to one loyalty expert.
By Jessica Loder • June 29, 2023 -
Independent c-stores seeing packaged beverage unit sales drop
While sales are holding steady for c-stores, inflation may start driving shoppers to other sectors for their beverages, experts say.
By Jessica Loder • June 26, 2023 -
Coca-Cola’s BodyArmor enters rapid hydration with first major product launch in 2 years
The launch of BodyArmor Flash I.V. comes as the Atlanta-based beverage giant has struggled to integrate the energy drink after taking full control of it for $5.6 billion in 2021.
By Christopher Doering • June 21, 2023 -
Chips, bottled water spark Casey’s ‘phenomenal’ private label performance
The retailer’s proprietary brands saw a 31% year-over-year sales increase last quarter, CEO Darren Rebelez said during the company’s Q4 earnings call.
By Brett Dworski • June 14, 2023 -
Retrieved from DoorDash.
What’s behind the boom in alcohol delivery?
A new study by DoorDash notes that 54% of consumers said online delivery is their preferred way to purchase alcohol, while 69% said they order it online at least monthly.
By Brett Dworski • May 31, 2023 -
Inflation is moderating but consumers remain very price sensitive, Circana says
While consumer confidence has grown, almost 80% polled by the firm say they plan to buy more value brands in the next six months.
By Jessica Loder • May 30, 2023 -
Protein cheese puffs? Sweets & Snacks Expo highlights power-packed snacks
While jerky and nutrition bars were all over the show floor, it was cheesy, salty and crunchy options that grabbed the spotlight.
By Brett Dworski • May 30, 2023 -
Inflation boosting revenue for small retailers amid traffic declines, study shows
Weekly in-store revenue in Q1 increased 2.6% year over year, while the average weekly foot traffic dropped by the same percentage, according to Skupos.
By Jessica Loder • May 25, 2023 -
Why 2 major c-stores are getting pressured by investors
The conglomerate structure that Parkland and Seven & i have built can be a prime target for firms to try and break up, according to one expert.
By Jessica Loder • May 23, 2023 -
Circle K scales private label wine brands chainwide
The rollout includes its value-priced Sunshine Bliss label, now available at 3,000 stores, and a premium line that’s available at 900 locations.
By Jessica Loder • May 19, 2023 -
Retrieved from Yesway website.
Yesway hitting the gas on hemp and CBD products
The retailer is bringing a new hemp-infused beverage to more than 325 stores in its network, continuing its ongoing interest in the category.
By Brett Dworski • May 10, 2023 -
Ice cream sales are driving traffic, but inflation could hamper growth
With summer on the horizon, customers are buying less ice cream at c-stores due to tightening budgets. But the category still has the ability to grow baskets.
By Christine Blank • May 3, 2023