Shoplifting is a big problem for a variety of retailers, but especially for retailers like grocery stores and convenience stores that have products with lower margins. According to FBI crime data, there were 548K shoplifting cases in 2021. Additionally, the Annual Retail Theft Survey reported that retailers lose $15-$20B annually
Grocery stores are key spots for health and wellness products for consumers to meet their health goals. The New Year always brings an influx of people interested in healthier options, but according to the New York Post, over 70% of Americans are more health conscious after the pandemic. This means
Grocers, convenience stores, and other specialty retailers could benefit from selling branded merchandise in-store. Selling branded merchandise can increase brand awareness, bring in new customers, improve customer loyalty, and boost sales.
C-stores experienced a 6.2% growth in in-store sales in 2022, a record high according to c-store news’ state of the industry report. This means that store owners should take a look at their in-store shopping experience and ensure that everything is running smoothly.
For c-store owners, grocers, and other specialty retailer the holidays usually bring in more customers, more sales, and an overall busier store. November and December are often notably busy times of year. C-store owners see an increase in travel which means more people stopping in for fuel or a quick
Being an independent retailer can come with challenges. It may be more difficult to market your business in your community and stand out against the competition, luckily there are a few easy and inexpensive ways to familiarize local customers with your business.
If your store is experiencing high sales and low profits, you may need to re-evaluate your profit margins. Profit margin measures a retailer’s profit after subtracting cost from how much you sell the item for, if this number is positive then you are making money. As a business owner, you
Independent grocers, c-stores, and other specialty retailers are prime pieces in the puzzle of fighting hunger. These retailers are key community pillars that economically support many in their community, especially people like SNAP recipients.
C-stores, grocers, and specialty retailers should gear up for Christmas. The holiday season is certain to be a busy one. 47% of Americans plan to travel this season, according to travel leisure and consumers plan to spend $832.84 on average for holiday items like food and décor and gifts, according
SNAP retailers are always a vital resource for SNAP recipients, but they are especially important during the holiday season. More than 34 million people, including 9 million children, are food insecure during the United States, according to the USDA. With the holiday season revolving largely around gathering with friends and
Grocers, c-stores, bodegas, and specialty retailers can benefit from more people cooking at home due to inflation. While consumers are quick to cut back in other areas, food is always going to be a necessity.
SNAP retailers can benefit from knowing what produce is in season. SNAP-Ed emphasizes the added benefits of buying seasonal produce and provides this resource for what produce is in season now.
Retailers already know how busy the holiday season can become, but with that comes challenges. The holidays can be expensive for Americans, which is a challenge for anyone but especially for SNAP recipients.
Retailers, it’s already that time of year again! Time to start preparing your retail space and inventory for the upcoming holidays. With Christmas and Thanksgiving being the top 2 most celebrated holidays in the United States, there is no doubt that this time of year makes retailers a lot busier.
Food deserts are defined by the USDA as “low-income census tracts with a substantial number or share of residents with low levels of access to retail outlets selling healthy and affordable foods.” In food deserts it is extremely difficult for kids, families, and communities to access foods that promote health
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