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 […]
Tag: sales
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 […]
NACS: Surge In Store Sales Expected In Second Quarter
A combination of low gas prices, strong consumer confidence and warmer weather is expected to continue the year’s already strong sales at convenience stores into the second quarter of 2017. That’s according to a recent survey of convenience store owners conducted by the National Association of Convenience Stores (NACS.) A sizable percentage of retailers surveyed say that […]
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 […]
Who Are Natural/Organic Shoppers, And What Motivates Them?
In recent years, the natural and organics category has seen significant growth, but the profiles and motives of today’s natural/organics shoppers are drastically different than they were less than a decade ago. That’s according to Acosta, whose latest Hot Topic Report, “Back to Our Roots: The Rise of the Natural/Organic Shopper,” explores modern-day natural/organic consumers, including what they’re […]
DPI’s Ilharreguy To Retire This Week After 63 Years With Company
DPI Specialty Foods’ Tom “Tommy” Ilharreguy will retire Friday after 63 years of service to the California-based company. Working in and with grocery stores has been part of Ilharreguy’s life since his first after-school job during his teen years when he was a box boy for Safeway in its Sunset Boulevard store in Los Angeles. […]
Jack Walsh, Formerly With The Griffin Report, Passes Away
Mr. John D. Walsh, who was an ad sales representative for The Griffin Report of the Northeast prior to his retirement, passed away at his home in Plymouth, Massachusetts, surrounded by his family, on Jan. 22. Mr. Walsh had fought a long and courageous battle with cancer. He was 78. “Jack,” as he was known […]
Housewares And Supermarkets: Sales Opportunities Abound
When a shopper thinks of a place to buy housewares, supermarkets probably aren’t the first thing that comes to mind; big-box retailers or department stores likely are. For specialty kitchen/cooking tools, gadgets and kitchen appliances, gourmet or specialty retailers might come to mind as well. But the supermarket channel is a major player in certain […]
Brick Meets Click: Supermarket Online Sales Are Strong
Multichannel supermarkets generated larger online orders than online-only grocers, according to a recent benchmarking study from Brick Meets Click. More than half of the banners in the study reported average online orders between $120 and $180, compared to the average order size recently reported for Fresh Direct ($105) and Amazon Fresh ($84). The study compared […]
Total Sales Up Slightly, Net Income Down For Ingles’ Fiscal Year
Asheville, North Carolina-based Ingles Markets, operating 201 stores in six states in the Southeast, reported fourth quarter and fiscal year results for the period ended Sept. 24. In a news release Dec. 16, Ingles said total sales for fiscal 2016 were $3.79 billion vs. $3.78 billion in fiscal 2015. Net income for the year was $54.2 […]
Rutter’s Begins Beer Sales At Three Pa. Locations
Rutter’s Farm Stores has launched beer sales at its first three locations—in Mercersburg, Newberrytown and Hamburg, Pennsylvania. It is the first convenience store business in the state’s Franklin, York and Berks counties to start selling beer. Rutter’s also will bring beer to the first Lancaster County location with its Leola store in a few weeks. Rutter’s […]
Wrigley-Mars Working With Retailers On ‘Transaction Zone Vision’
Wrigley and Mars Chocolate North America say they continue to drive sales and increase shopper engagement by working with retailers to implement their “Transaction Zone Vision.” Since launching the program in 2015, the companies have used research-driven insights to help retail partners boost sales at checkout through channel-specific recommendations. To help their partners leverage the Transaction […]
To Capture Holiday Profits, The Pennies Are In The Details
by Art Patch/Special to The Shelby Report As a college student, I had the good fortune to work for a manager who was willing to share with me what it took to run a grocery business. He let me know right away that no question was without merit. But before he began responding to my […]
The Reese Group: 50 Years Of Family Ownership
The heritage of the Reese Group’s 50 years of family ownership dates back to 1966 when Paul Reese joined the Nashville, Tennessee, broker established in 1902. As one of the oldest brokerage houses in the country, the Reese Group represents some of the top brands across the industry. And while the family-owned company—headquartered in the […]
Publix Sales Increase 2.4 Percent For 3Q, Same-Store Also Up
Publix reports that sales for the third quarter of 2016 are $8 billion, a 2.4 percent increase from last year’s $7.8 billion. Comparable-store sales for the third quarter of 2016 saw an increase of 0.9 percent. Net earnings for the third quarter total $421.1 million, compared to $412.3 million in 2015, an increase of 2.1 percent. Earnings […]
KeHe SVP Named To NGA Board Of Directors, And More…
New Channels News In Brief… The National Grocers Association has named David Ochs, KeHE’s SVP of sales, as one of three new board of director members. Ochs is a key member of KeHe’s East leadership team and is responsible for developing and implementing sales strategy. He has more than 20 years of experience in operations, […]
Making Connections Between Fresh Departments, Rest Of Store To Boost Special-Occasion Sales
The International Dairy-Deli-Bakery Association (IDDBA) and Nielsen Fresh have released original research that provides retailers with ideas and strategies for boosting entertainment-occasion sales by examining the connections fresh-department products have with the rest of the store. “Total Store Connectivity: Entertaining Across the Store,” an IDDBA-commissioned report prepared by Nielsen Fresh, identifies what products are most […]
NRF Forecasts 3.6 Percent Jump In Holiday Sales, And More…
New Channels News In Brief… The National Retail Federation expects sales in November and December, excluding automobiles, gas and restaurant sales, to increase 3.6 percent to $655.8 billion—significantly higher than the 10-year average of 2.5 percent and above the seven-year average of 3.4 percent since recovery began in 2009. Holiday sales in 2015 increased 3.0 percent over the […]
Latest IDDBA Report Details Growing Role Of Digital Channels
The International Dairy-Deli-Bakery Association (IDDBA) and RetailNet Group have released new, original research that details the growing role of digital intermediaries in the retail food setting—such as Yelp, RetailMeNot, Postmates and Facebook—in connecting with today’s shoppers to increase sales and store visits. “Digital Intermediaries & Their Impact on the Retail Value Chain,” an IDDBA-commissioned report prepared […]
Study Finds Low Percentage Using C-Stores For E-Cigs, Vapors
A recent study by V2 found that only 8 percent buy their e-cigarette components and accessories at convenience stores. When respondents were asked where they most frequently bought e-cigarette components or accessories, “Tobacco/Smoke Shop” was the most frequent response with 37 percent. Twenty-seven percent of those polled said they made these purchases primarily at a “dedicated vape […]
