• 7 Trends that Will Shape the Convenience-Fuel Business

  • 7 Trends that Will Shape the Convenience-Fuel Business

    Convenience stores will grow faster than all other offline channels in the
    United States over the next five years, due to consumers' "hyper focus" on
    expedience, according to Nielsen.

    But c-stores still face challenges, the research firm said in a report.
    C-stores face heightened competition from other channels such as quick-serve
    restaurants, small-format grocers, mass merchandisers and drugstores, which are
    all going after the fresh prepared and grab-and-go food business.

    "The consumer's growing desire for frictionless retail has raised the bar for
    convenience retailers and their approach to technology adoption," wrote Jeff
    Williams, senior vice president of retail and U.S. industry relations for

    Williams pointed to seven factors that will shape the future of the c-store
    --Convenience stores will become more automated and increasingly

    --C-store food service will be upgraded.

    --The industry will improve employee training needed for increasing CBD sales
    and expanded food service.

    --Convenience stores will expand private-label offerings.

    --The industry will use creative marketing to offer experiences that draw
    consumers to their brick-and-mortar sites.

    --Convenience retailers will respond to demand for more personalization in
    marketing their goods.

    --C-stores will rethink grab-and-go packaging in response to consumers'
    zero-waste mindset.

    --Donna Harris, dharris@opisnet.com

    Copyright, Oil Price Information Service

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