by doug | Aug 23, 2012 | Uncategorized
Convenience stores continue to expand with new products, incentives and technology, but fuel sales are still critical to a store’s profitability. While the markup on fuel (5.3% or 18.5 cents per gallon, average, in 2011) isn’t as attractive as that on other items,...
by doug | Aug 12, 2012 | Uncategorized
Under the slogan “One idea will change your business,” the National Association of Convenience stores is preparing for its annual NACS Show Expo, October 7-12 at the Las Vegas Convention Center in Las Vegas, Nevada. This year the show will take up 370,000 square feet...
by doug | Aug 8, 2012 | Uncategorized
Recent numbers from the National Association of Convenience Stores show that 16.9% of the $195 billion in-store convenience store sales in 2011 were from the foodservice category. More and more, consumers are changing their views about what a convenience store is,...
by doug | Aug 1, 2012 | Uncategorized
Cigarettes, gasoline and diesel fuel. Taxes on these three of the products that convenience stores sell a lot of can have a big impact on how many sales are made. When taxes skyrocket, people find ways to slow down their consumption. When taxes are low, people...
by doug | Jul 24, 2012 | Uncategorized
Rising taxes on cigarettes in New Zealand and a new law that says stores can no longer make cigarette packages visible to customers has got tobacco giant Philip Morris working hard to fight back. Further, as of Monday, July 23, when the law took effect, New Zealand...
