Discover 24 key convenience store industry trends for 2024 in this free guide from goEBT!
In today's retail environment, where inflation and economic uncertainty are at the forefront of consumers' minds, store owners must navigate the delicate balance between quality and affordability. As customers become more price-sensitive, understanding their needs and adjusting business strategies accordingly is essential.
Convenience stores have been known for their selection of snacks and drinks, but recently they are becoming a destination for travelers to stop for meals. With convenience being a key trend and the “grab-and-go” lifestyle becoming increasingly popular, c-stores are elevating their foodservice offerings. Here are some ways c-stores are improving foodservice to attract customers looking for quick meals.
With time being the new currency, convenience stores are becoming hubs for quick shopping, food, and more, redefining the retail landscape. The latest census data from NACS highlights another year where the number of convenience stores increased across the United States. In a market that is growing more saturated, store owners need to understand these trends and learn how to stand out.
News
Discover 24 key convenience store industry trends for 2024 in this free guide from goEBT!
In today's retail environment, where inflation and economic uncertainty are at the forefront of consumers' minds, store owners must navigate the delicate balance between quality and affordability. As customers become more price-sensitive, understanding their needs and adjusting business strategies accordingly is essential.
Convenience stores have been known for their selection of snacks and drinks, but recently they are becoming a destination for travelers to stop for meals. With convenience being a key trend and the “grab-and-go” lifestyle becoming increasingly popular, c-stores are elevating their foodservice offerings. Here are some ways c-stores are improving foodservice to attract customers looking for quick meals.
Merchant Spotlight
Tidewater Seafood Shack
Tidewater Seafood Shack
goEBT has helped a lot with business, this location has a lot of EBT customers and getting started with goEBT helped me grow the business.
Read MoreHawkins House of Burgers
Hawkins House of Burgers
At least 20% of the restaurant’s sales are generated from EBT customers, which has helped sustain Hawkins House of Burgers through COVID-19
Read MoreKnicker Knacker Market
Knicker Knacker Market
Through goEBT, Knicker Knacker Market was able to offer services for his customers that he originally could not.
Read MoreSr. Cliff's Texas Style Burritos
Sr. Cliff's Texas Style Burritos
Working with goEBT for the past few years has made things easier because they don’t miss a beat when assisting their customers.
Read MoreRoeser's Bakery
Roeser's Bakery
goEBT is just another way for Roeser's Bakery to take care of the people that have made his business so successful for over 100-years.
Read MoreEBT + CREDIT = Easier Payments
goEBT offers EBT + CREDIT on user-friendly, smart terminals for an easy payment experience. Learn more about credit card processing from goEBT!
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Retailer Trends for Convenience Stores
Retailer Trends for Grocers
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Retailer Trends for Quick Serve Restaurants
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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 to shoplifters, up26.6% from 2020. Taking measures to prevent shoplifting can save you a lot of money each year, so here are a few tips to prevent loss in your store…
C-store Dive summarized a recent Convenience Leaders Vision Group roundtable discussion in which the future of fuel was a hot topic. With federal funding increasing for electric vehicles and sales tripling in 2022, c-store owners are facing new challenges and looking for new ways to address this trend.
Convenience stores have been upping their foodservice game over the last couple of years. In 2021, foodservice sales reached a record high of $43.2 billion in sales, and 20.5% increase from 2020.Convenience stores are evolving to stops for people to fuel not only their cars, but themselves too.
Marketing My Store: Your Guide to Branded Merchandise
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.
Convenience stores have become popular stops for quick and convenient meals. Foodservice sales increased by 20.5% to $43.2 billion in 2021, yet 6 in 10 shoppers are not happy with the current selection of healthy foods.The post-pandemic world has brought an intense focus on physical health and well-being, as 70% of Americans are more conscious of their physical health post-pandemic, according to the New York Post.
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 snack and grocers have a boost in customers looking for items to make their favorite holiday meal. The months that follow might bring about some challenges for store owners like less foot traffic,...
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 always want to maximize your profit margins so that you can maximize your revenue.
3 Ways Independent Retailers Can Support SNAP Customers
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.
Press Releases
Age-Verification Solution TruAge to be Deployed by CDE Services, Inc., Expanding Access to Convenience Stores Nationwide Payment solutions provider CDE to implement TruAge, a proof-of-age solution developed by NACS and Conexxus to inhibit the sale of age-restricted products to minors
EBT Processor goEBT Adds Credit Processing, Smart Payment Terminals to Service Offering goEBT+ payment terminal application enables EBT, credit processing on one smart device
goEBT News
Discover 24 key convenience store industry trends for 2024 in this free guide from goEBT!
In today's retail environment, where inflation and economic uncertainty are at the forefront of consumers' minds, store owners must navigate the delicate balance between quality and affordability. As customers become more price-sensitive, understanding their needs and adjusting business strategies accordingly is essential.
Convenience stores have been known for their selection of snacks and drinks, but recently they are becoming a destination for travelers to stop for meals. With convenience being a key trend and the “grab-and-go” lifestyle becoming increasingly popular, c-stores are elevating their foodservice offerings. Here are some ways c-stores are improving foodservice to attract customers looking for quick meals.
With time being the new currency, convenience stores are becoming hubs for quick shopping, food, and more, redefining the retail landscape. The latest census data from NACS highlights another year where the number of convenience stores increased across the United States. In a market that is growing more saturated, store owners need to understand these trends and learn how to stand out.
Convenience Store Trends
Discover 24 key convenience store industry trends for 2024 in this free guide from goEBT!
In today's retail environment, where inflation and economic uncertainty are at the forefront of consumers' minds, store owners must navigate the delicate balance between quality and affordability. As customers become more price-sensitive, understanding their needs and adjusting business strategies accordingly is essential.
Convenience stores have been known for their selection of snacks and drinks, but recently they are becoming a destination for travelers to stop for meals. With convenience being a key trend and the “grab-and-go” lifestyle becoming increasingly popular, c-stores are elevating their foodservice offerings. Here are some ways c-stores are improving foodservice to attract customers looking for quick meals.
With time being the new currency, convenience stores are becoming hubs for quick shopping, food, and more, redefining the retail landscape. The latest census data from NACS highlights another year where the number of convenience stores increased across the United States. In a market that is growing more saturated, store owners need to understand these trends and learn how to stand out.
Grocer Trends
In today's retail environment, where inflation and economic uncertainty are at the forefront of consumers' minds, store owners must navigate the delicate balance between quality and affordability. As customers become more price-sensitive, understanding their needs and adjusting business strategies accordingly is essential.
The grocery industry is expected to transform in 2024, driven by evolving consumer behaviors and technological advancements. For store owners, staying ahead of these trends is not only beneficial, but important for success this year. Learn the pivotal trends that grocery store owners should watch and adapt to in 2024 based on highlights from Progressive Grocer and Insider.
During the holiday season, convenience store and grocery owners are presented with a golden opportunity to capitalize on the significant increase in travel. According to AAA, a staggering 115.2 million Americans are expected to travel this holiday season, marking the second highest year-end travel forecast since 2000. This increase in travelers, many of whom will be driving, offers a unique chance for store owners to boost sales.
In recent years, nearly every industry has faced challenges like increasing inflation and reduced consumer buying power. Supermarkets and grocers, despite being community staples, are not immune to these evolving economic landscapes. However, in the face of these challenges, grocers have shown remarkable adaptability and innovation, seeking new growth avenues within the constraints of tight profit margins, often ranging between 1%-3%.
Restaurant Trends
QSR Trends
The FNS Restaurant Meals Program (RMP) is an initiative that is making a significant impact in the fight against hunger. This program, operated by individual states, enables SNAP recipients to use their benefits at various restaurants, including quick-service ones, to purchase prepared meals. This initiative is not just about providing food; it's about ensuring access to hot, prepared, and nutritionally balanced meals for those who might struggle to store or prepare food themselves.
SNAP Benefits Are Increasing on 10/1 - How You Can Maximize Revenue through EBT Acceptance
The USDA recently announced an increase in SNAP (Supplemental Nutrition Assistance Program) benefits, set to take effect on October 1st. This boost in assistance is aimed at providing relief to millions of Americans struggling to put food on the table.
How to Celebrate Hispanic Heritage Month in Your Store
Hispanic Heritage Month, celebrated from September 15th to October 15th, is a significant time to honor the rich cultural contributions of Hispanic and Latinx communities in the United States. Stores like yours play an integral role in our communities and it's essential to recognize and celebrate this cultural diversity in your store. Let’s explore creative ways you can celebrate Hispanic Heritage Month, fostering inclusivity and connecting with a broader customer base.
Supporting Social Issues: 5 Ways It Draws More Customers
In recent years, there has been a noticeable shift in consumer behavior and expectations. Customers are no longer solely focused on the products or services a company offers; they also want to align themselves with brands that share their values and actively contribute to social issues. This growing trend highlights the importance of supporting social causes as a means to attract and retain customers. Here are 5 reasons supporting social issues can draw more customers and why it has become a...
Farmers Market Trends
Benefits of Accepting EBT at Your Store
Accepting EBT at your store has many benefits for your business. A recent Supermarket News article cited “SNAP households represent 24% of U.S. consumer goods spend.” Opening your doors to this new market can increase your revenue and your store’s foot traffic.
Requirements to Accept EBT Payments in Your Store
The requirements to accept EBT payments in your store can be confusing for owners. Seeing if you qualify to be a SNAP retailer, the application process, and even the reauthorization process for existing retailers can be time-consuming and difficult for busy store owners. Make the process a little easier with this quick, easy overview of how to accept EBT payments in your store…
Food Deserts and How You Can Increase Access to Foods
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 and strength. There are many ways to prevent food deserts, but the first step is increasing access to c-stores, grocery stores, supermarkets, bodegas, farmers markets, etc.
Farmers fuel food sustainability by using digital agriculture platforms that improve farming efficiency and optimize the food supply chain. Technology has been optimizing every area of our lives since the digital revolution began, so it only makes sense that this idea made its way into our food system. Here are some ways that digital agriculture can improve food sustainability…
USDA + FNS News
SNAP retailers are key access points to healthy, nutritious foods for SNAP recipients. USDA announced a $25M investment for SNAP healthy incentives. This will help SNAP retailers provide coupons, promotions, or special discounts on healthy items like fruits and vegetables for SNAP recipients.
USDA’s SNAP-Ed program is an amazing resource for SNAP retailers as well as SNAP recipients. The program focuses on educating people on how to live a healthy life and how to make the most of their SNAP dollars, organizing nutrition education classes and social marketing campaigns, as well as takes initiative to improve government policies. While FNS provides resources and guidance on SNAP-Ed, states oversee running their own programs.
Food Deserts and How You Can Increase Access to Foods
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 and strength. There are many ways to prevent food deserts, but the first step is increasing access to c-stores, grocery stores, supermarkets, bodegas, farmers markets, etc.
In honor of National Farm to School Month, let’s learn the importance of supporting adequate nutrition and balanced plates.
SNAP + EBT News
The USDA’s new Summer Electronic Benefit Transfer (EBT) program provides retailers a unique opportunity to tap into a significant market segment and add to their revenue streams. The USDA initiative, aimed at closing the summer hunger gap for children, is not just a stride towards national nutrition and health; it's an opportunity for retailers to align their business strategies with community needs. Here's how store owners can make the most of the upcoming SNAP increases…
The FNS Restaurant Meals Program (RMP) is an initiative that is making a significant impact in the fight against hunger. This program, operated by individual states, enables SNAP recipients to use their benefits at various restaurants, including quick-service ones, to purchase prepared meals. This initiative is not just about providing food; it's about ensuring access to hot, prepared, and nutritionally balanced meals for those who might struggle to store or prepare food themselves.
SNAP Benefits Are Increasing on 10/1 - How You Can Maximize Revenue through EBT Acceptance
The USDA recently announced an increase in SNAP (Supplemental Nutrition Assistance Program) benefits, set to take effect on October 1st. This boost in assistance is aimed at providing relief to millions of Americans struggling to put food on the table.
Where Do SNAP Customers Shop?
SNAP customers shop can use their EBT cards to purchase healthy food items from convenience stores, grocery stores, quick service restaurants (in states that operate an RMP), bodegas, and other specialty retailers. What you may not know is SNAP customers can bring in a new revenue stream to your business.
Payments News
Age-Verification Solution TruAge to be Deployed by CDE Services, Inc., Expanding Access to Convenience Stores Nationwide Payment solutions provider CDE to implement TruAge, a proof-of-age solution developed by NACS and Conexxus to inhibit the sale of age-restricted products to minors
EBT Processor goEBT Adds Credit Processing, Smart Payment Terminals to Service Offering goEBT+ payment terminal application enables EBT, credit processing on one smart device
According to the Small Business Administration, the second leading cause of business failure is insufficient or delayed financial support. In many cases, this is brought about by a poor business credit score. If you are unaware, a business' credit score is similar to a personal credit score. A person's credit can be improved by paying loans on time and avoiding any reoccurring debt. Business credit is almost exactly the same with minor differences. In today's blog, we will discuss the...
A large part of gaining favoritism among legislation is bringing these officials to your level as a store owner and showing them how valuable your business is. In recent years, the value that C-stores provide to their community was lost in the eyes of legislators. Laws did not exist to protect the C-store industry from data breaches or loss of people's financial information. NACS is seeking better representation from legislators and government officials in the hopes of turning this around....
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