Delek US Holdings manages to reduce its debt after reporting high income levels for its second quarter 2012. Delek US Holdings Inc., a diversified energy company with assets in the petroleum refining, marketing and retail industries, reported its second quarter results for 2012. For the three months ended June 30, Delek US recorded a net…
Retail Study Finds Store Brands Thrive In U.S. Market
Store-brands still prove to be highly popular with U.S. consumers when compared with brand-name products. A study released by Accenture finds that two-thirds of U.S. shoppers surveyed admitted that their grocery carts were half full of store-brand products. Some admitted to Accenture that they even increased their purchase of store-brand products in recent years as…
SymphonyIRI Says Shopper Marketing Is Critical To Retailers
SymphonyIRI reports that “shopper-centric” retailers perform stronger than those focused more on the products. SymphonyIRI Group released its latest Times & Trends report, “Shopper Marketing: Every Decision Begins & Ends with the Shopper” for c-store owners to consider. Amazing products, strong advertising and outstanding stores are useless without shoppers. The shoppers in today’s market demand…
Campbell Releases CSR Report
“As we work to build a more innovative, balanced and responsive Campbell, I believe we also have the opportunity to become one of the most socially responsible consumer goods companies in the world,” says Campbell’s CEO. Campbell Soup Co. has released its 2012 Corporate Social Responsibility (CSR) report, Nourishing, emphasizing the company’s integrated CSR approach…
C-Store Industry To Reach $856.5 Billion By 2014
New report shows c-stores have greatly benefited from the growth of the overall retail industry. Research and Markets has announced the addition of the “US Convenience Stores Forecast to 2014” report to its offering. The U.S. convenience stores industry, one of the world’s largest and fastest growing sectors, presents lucrative investment opportunities for new players.…
Pizza Occasions Grow With Key Sales Drivers
Innovation, convenience and versatility can boost your pizza sales in 2012. A new report by Technomic shows pizza consumption continues to rise. More than four in 10 (41%) consumers polled say they’re now eating pizza once a week, compared to 26% just two years ago. Pizza consumption has increased over the past two years as…
Walgreens March Sales Decrease 4.3%
Walgreens had March sales of $6.02 billion, a decrease of 4.3% from $6.29 billion for the same month in fiscal 2011. Total front-end sales increased 2.5% compared with the same month in 2011, while comparable store front-end sales increased 1.2%. Customer traffic in comparable stores decreased 1% while basket size increased 2.2%. “We continued to…
Customers Crave Premium and Value-Priced Teas
As customers seek more healthful beverages options, look for robust tea sales in 2012 and beyond. Packaged Facts projected that the retail tea market is set to grow from approximately 6.6% in 2012 to 8.7% in 2014, reaching $8.3 billion in that year. Tea was up 5.1% in 2011, according to Chicago-based research firm Mintel…
Price Is Deciding Factor in Choice of Fueling Location
NACS releases results of its annual Retail Fuels Report. Price remains the dominant reason why consumers buy fuel at a particular location, according to the results from the new 2012 NACS Consumer Fuels Report. Nearly two-thirds of consumers (63%) rated price as the most important reason why they select a particular location for fueling, more…
Technomic Report Unveils Habits of Teens, Tweens
The report provides an overview of attitudes toward food preferences, dining-out behaviors with friends and family, snacking behavior, convenience-store patronage, technology usage and more. Tweens and teens influence the decision making of their friends and families, playing a large role in their dining choices. Fifty-eight percent of teens and 54% of tweens report that their…