U.S. convenience stores experienced record in-store sales of $233.0 billion in 2016—as well as their third straight year of $10 billion-plus in pretax profits—according to newly released “NACS State of the Industry” data, which provides benchmarks and key performance category insights for the convenience and fuel retailing industry. Convenience stores, which sell more than 80 […]
Category: National
Supervalu 2017 National Expo Plans Announced
Supervalu has unveiled plans for its fourth annual National Expo, which will be held July 25-27 at the RiverCentre in St. Paul, Minnesota. The event will feature a day of educational seminars and workshops tailored to help independent grocery retailers serve their customers better, as well as access to more than 300 vendors across nearly […]
Specialty Food Industry Sales Hit $127 Billion In 2016
Sales continue to grow as Americans embrace specialty food and beverages, according to the Specialty Food Association (SFA), which reports that the industry is taking its place as an integral player with traditional and non-traditional specialty food retailers, foodservice operators and distributors. SFA’s annual State of the Industry report, released Thursday, examines the $127 billion […]
Dove Launches Baby Care Product Line
Now in its 60th anniversary year, Dove is launching a line of baby care products called Baby Dove. Baby Dove has products for all skin types in its Rich Moisture and Sensitive Moisture ranges. Baby Dove’s Rich Moisture range has been developed for babies with normal to dry skin. These products are hypoallergenic with pH neutral, […]
Pending Acquisition By 7-Eleven Will Mark One Of Largest In Company History, Entry Into Houston
7-Eleven Inc. has entered into an asset purchase agreement with Sunoco and will acquire approximately 1,108 convenience stores located in 18 states. “This acquisition supports our growth strategy in key geographic areas, including Florida, Mid-Atlantic states, Northeast states and Central Texas,” said Joe DePinto, president and CEO of Irving, Texas-based 7-Eleven. “It also provides (us) […]
Sprouts Reveals Locations For New Stores
Sprouts Farmers Markets said April 5 that it intends to open 11 new stores in 2017’s second half. For the year, the Phoenix, Arizona-based grocer will open a total of 32 new stores across the country. The latest 11 stores will be located in: • Clairemont, California, at 4635 Clairemont Drive • Diamond Bar, California, at 239 […]
The Most Successful CPG Brand Launches Of 2016
IRI has revealed last year’s most successful consumer packaged goods launches in its 2016 New Product Pacesetters report, a benchmark analysis of exceptional first-year CPG sales success for newly launched products. Thousands of new brands hit retail shelves during 2016, with 80 percent of the top-ranking brands hailing from small and mid-size manufacturers and accounting for […]
McLane Co. Becomes Walmart’s Primary Candy, Tobacco Products Provider
Walmart has renewed its service agreement with McLane Co., a provider of grocery and foodservice supply chain solutions. As part of the extended agreement, McLane will continue to deliver to Walmart stores across the U.S., in addition to becoming the sole provider of candy and tobacco products to the majority of Walmart’s retail locations. In […]
