Building both the top and bottom line, convenience stores make growth look easy. Leveraging legacy locations, convenience, speed of service while integrating branded fresh prepared ready-2-eat and heat-N-eat food; convenience stores are garnering customers from both the restaurant and grocery sectors.
Convenience stores foodservice offerings have largely been over looked or dismissed by Quick Service Restaurant chain operators and grocery stores. Following the lead of Wawa, Sheetz, Rutters and now 7 Eleven the convenience store sector is branding food programs from coast to coast. More importantly they are garnering a lager share of stomach with improving food quality, healthful offerings and speed of service that quite frankly QSR’s can’t keep up with.
David Sprinkle, publisher of Packaged Facts stated "By enhancing foodservice quality and variety, we believe convenience stores are poised to benefit from increased sales of gasoline and other merchandise, as consumers seek to consolidate their purchases in the interest of efficiency"…"Because it is so well positioned, we anticipate that convenience store industry foodservice sales growth will outperform the retail and restaurant foodservice industry average through 2013."
In fact Packaged Facts projects that convenience store foodservice sales grew 6% in 2010, and will rise an additional 6% in 2011 and 5% in 2012.
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