As economic pressures have many consumers reining in spending, ultrafast delivery is struggling. Ultrafast grocery delivery firm Food Rocket, backed by convenience retail giant Couche-Tard, has shut down in a move first reported by Progressive Grocer, having burned through its funding and finding itself unable to...
As consumers cut spending, convenience retailers are leveraging subscriptions to keep them coming back. Most recently, mid-size convenience store chain Parker’s, which has more than 70 locations in Georgia and South Carolina, announced via Twitter the launch of a new beverage subscription, Chewy’s Drink Club,...
For today’s consumer, convenience is often not about geographic proximity but about digital accessibility. As such, leading convenience retailers are in competition not only to get their stores nearest to consumers’ homes but also to provide the most convenient and affordable delivery experience. Noting this...
As food prices continue to rise, and consumers continue to seek out cost-effective meal solutions that do not require the time it takes to cook from scratch, convenience retailers are boosting their prepared food offerings. They are promising ready-made meals at relatively low prices compared...
January 29, 2018
Under pressure from an activist investor, JCP Investment Management, convenience store chain Casey’s General Stores has reportedly placed an initial bid to acquire grocer Kroger’s $2 billion C-store business. That line operates under brand names like Kwik Shop, Turkey Hill and Tom Thumb, CNBC reported Friday (Jan. 26). JCP recently asked the Iowa-based convenience store operator […]
