Technology Product Helps Retailers Tailor Promotions

NewsBreak

People may profess their love for exotic products from distant lands, but in the end most are captivated by all things local.  

Nashville, Tenn.-based Tri Star Energy found recent success implementing a locally driven operating strategy to leverage customer loyalty at 65 Twice Daily stores. Working with Knoxville, Tenn.-based NewsBreak Media, a technology and merchandising expert, Twice Daily now operates its own TV network at the dispensers and inside the store. 

What’s Driving All That Snack Sales Growth?

Snacks

Snack foods grew dollar sales 3.5% in 2015, which outpaced total retail sales of consumer packaged goods (3.2%) and total food and beverage sales growth (2.9%), according to research from SNAC International (formerly the Snack Food Association) and Chicago-based IRI.   

The diverse sizes of snacks, innovation, intriguing flavor mashups and retail/online channel efficiencies—all combined with dynamic tiered pricing inducements—led to an upward trend of dollar sales and, to an extent, units. 

Shopping Outside of the Box

convenience store drone delivery

Convenience stores always seem to be fighting for share from bigger industries with fewer stigmas and stereotypes. But as grocery sales move online and technology and related services innovate, c-stores may find themselves with distinct advantages. Here’s a look at the latest trends in online grocery and some innovations on the fringe.

More Markets

Los Angeles-based research firm IBIS World predicts $9.4 billion in revenue for online grocery in 2017, a total

Three Reasons Not to Overlook RYO

roll-your-own cigarette

There is a chance the roll-your-own/make-your-own ­RYO/MYO‑ tobacco segment gets overlooked in your store. Industrywide, it accounts for approximately 1% of tobacco sales. Some might even say it doesn’t offer the glitz and glamour of other new tobacco products, such as e-vapor.

But it’s a mistake to overlook this segment, says former retailer Andrea Myers, director of business development for Republic Tobacco Co., Glenview, Ill.

Raising the Meat Bar

Epic Provisions meat bar

There are energy bars, fruit bars and granola bars, and nut bars, protein bars and candy bars. But a meat bar?

It exists.

While most meat bars are available now at retail locations such as Whole Foods, these bars, which tout natural ingredients and lots of protein, are poised to take the channel by storm.

The Globalizing of Kit Kat

Kit Kat bar

Imagine you, a Kit Kat lover, are faced with the ultimate tease. Which would you choose: The honeycomb and cookie dough Kit Kat flavors? Or, for the more adventurous, soy sauce, apple vinegar, watermelon and salt and sake Kit Kats?

Here’s the rub: It doesn’t matter. They’re not yet available stateside.

Not Child’s Play

Kids shopping

They are diminutive yet influential. Before there were millennials impacting consumer packaged goods (CPGs) trends, there were “the kids.”

You know them—you might have a couple. Children’s influence on CPGs and retailer strategies is significant. From the weekly shopping list to impulse purchases at checkout, little ones greatly influence what their parents buy. 

Rotating Menus in C-Stores?

chefs hat

Whether their food comes from mall food courts, airports, stadiums, vending machines or workplaces, consumers now expect fresh, quality meals.

As the channel antes up with made-to-order foodservice programs, one way to differentiate the c-store offer is to implement a rotating menu concept featuring local restaurants.

Food Price Trends a Mixed Bag

Cow

Market baskets are experiencing a slight dip. And lower retail prices of several foods, including salad, orange juice, shredded cheddar and ground chuck, are at fault, according to the American Farm Bureau Federation’s Spring Picnic Marketbasket Survey.

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Articles

NewsBreak

Convenience retailers work with tech supplier to offer consumers promotions on products they actually want

Kwik Trip Stores

This week's product innovator was one of the earliest entrants into c-store foodservice, and it continues to push the boundries on the types of fresh-food products it sells in its stores

Hershey's Crave Jerky

Candy maker to introduce new line of meat bars this summer

March April 2016 cover convenience store products magazine

Category management can be a marathon, so run a mile in these retailers’ shoes. What has worked for them? And what hasn’t?