C-store Industry Sales Topped $700B in 2012

Apr 10, 2013 CSNews CHICAGO – The convenience store industry saw record sales of $700.3 billion last year. In-store sales increased 2.2 percent to reach a record $199.3 billion, while motor fuels sales increased 2.9 percent to hit a record $501 billion, according to figures revealed today at the NACS State of the Industry Summit. The industry’s overall sales in 2012 reflected real growth per store, with sales outpacing the 0.7-percent increase in the number of U.S. c-stores last year, noted NACS, the Association for Convenience & Fuel Retailing. In-store sales growth was driven by double-digit sales gains in several product segments: alternative snacks, which includes meat snacks and health, energy and protein bars (up 12.2 percent); liquor, a relatively small subcategory (up 11.6 percent); cold dispensed beverages (up 11.3 percent); and sweet snacks (up 10.3 percent). Convenience store pretax profits reached a record $7.2 billion in 2012, but taken…

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Leadership Trends for Convenience Retail

Dr Marcele De Sanctis Oppeus International is a boutique, Australian-owned consultancy dedicated to “Finding and Supporting Great Leaders.” Based in Melbourne with offices in Sydney and Singapore, we support our clients on Executive Search, Leadership Assessment, Governance Reviews and Remuneration across a number of industries including Retail, Mining, Oil and Gas, Education, Infrastructure, Health and Financial Services. In Executive Search, we have been privileged to recently support one of Australia’s leading convenience retailers in Innovation and Business Development, successfully appointing an outstanding Executive to drive innovation strategy in an increasingly competitive market. In undertaking this search, Oppeus International gained significant insights into the sector and built on our understanding of the current candidate pool for Senior Executives in the convenience retail and broader industries. From a leadership and talent perspective, we provide the following commentary: – A clear opportunity exists in convenience retail to attract individuals who bring global thinking…

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The Trust Future

“The Trust Future” Jeff Rogut I recently read a new book called ‘The Trust Future’ after being alerted to it by the author, Omer Soker. I found it to be a really interesting read which gives one pause to reflect on both what we do as well as how we go about doing it. It has been described as “a breath of fresh air in business literature” and “rewarding reading from the CEO to the most junior employee.” In today’s time of aggressive competition and structural change in some industries, it is worthwhile taking a new perspective on things. Some additional information: · Available on Amazon at $9.99: http://www.amazon.com/dp/B00C0EJ9YW · 2-minute video introduction: http://www.youtube.com/watch?v=raizVxzpNsc Click Here to Find out More on The Trust Future

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Sodium, Hiding in Plain Sight

JANE E. BRODY April 1, 2013, The New York Times A new report, prepared by experts from three leading universities, projects that a small, steady reduction of sodium in the American diet could save up to half a million lives over the next decade. And a more rapid reduction could save even more lives — as many as 850,000. The Finns have already proved this projection. As described last month in The New England Journal of Medicine, since the early 1970s, when Finland launched a national campaign to reduce salt intake, daily consumption has dropped by 3,000 milligrams a day in men and women, with a corresponding decline in death rates from stroke and coronary heart disease of 75 to 80 percent. In the last decade or so, many food producers have introduced low-sodium or reduced-sodium versions of popular products, including soups, vegetables, fish, sauces, cereals, nuts, dips and even…

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Coles puts heat on suppliers in new line call

Colin Kruger April 4, 2013 The AGE Coles has denied that a major review of its health and nutrition product offerings is designed to squeeze branded products off its shelves in favour of private-label replacements. Documents obtained by Fairfax Media reveal Coles sent a tender request to suppliers just before the Easter long weekend, giving them barely two weeks to present potential new products to the review, including offerings for its private-label range. Categories up for review include weight management products, sports nutrition, Coles’ ”good for you” health food range, and its ”free from” range, that includes gluten-free products. ”Our intention is to expand and develop our presence in these areas,” Coles said in a message to suppliers late last week. Suppliers must present their new product proposals by Monday, April 15, with meetings to be held over the duration of that week. Coles intends to have the new product…

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Parker’s Breaks Ground On Newest Convenience Store

AACS will be visiting Parkers as part of our 2013 overseas Study Tour in October April 4, 2013 CSDecisions The Bloomingdale, Ga. site marks Parker’s 31st location. Parker’s officially broke ground this week on its latest state-of-the-art store in Bloomingdale, Ga., in response to customer demand. The Bloomingdale store, located at Hwy. 80 and Zeigler Road, will offer discounted gasoline as well as nearly 4,000 square feet of retail space. The company’s 31st location is expected to open to the public in June of 2013. “We’re delighted to open a new location in Bloomingdale, where we received a number of requests from customers who live in west Chatham County,” said Greg Parker, president and CEO of The Parker Cos. “Parker’s is the Low Price Leader. We hope our latest store will exceed customers’ expectations, delivering competitively priced gas, the products customers want most and our signature attention to detail.” The…

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