According to a recent study by the FDIC, 9.6 million households in the United States don’t have bank accounts. This group of unbanked consumers is one of the target markets for ALTPAY, a new up and coming mobile payment company, which will give retailers a greater opportunity to connect with a wider range of customers.
The U.S. convenience store industry boasts a total of 151,282 stores (as of December 31, 2013) across the country and posted $696 billion in total sales in 2013.
As a retailer, it is up to you to find the hottest new products, and provide those products to your customers before anyone else can. Today, there are approximately 150,000 convenience stores in operation. 63 percent of those convenience stores are independently owned, while the remaining are chain store operations.
Hispanics visit convenience stores more frequently per month than non-Hispanics, according to a recent report released by market researcher, The NPD Group.
A report recently released by The NPD Group found that Hispanics visit convenience stores more frequently per month than non-Hispanics.
The annual ranking of U.S. retailers by domestic sales was featured in the July issue of NRF STORES magazine.
Convenience stores (C-stores) offer extended hours of operation, one-stop shopping, grab and go food service, a variety of merchandise and fast transactions. However, management of these retail operations can be difficult and are often ripe for a major efficiency upgrade. Accounting and inventory software such as the technology provided by Summit Software gives C-stores the […]
Management of retail operations such as convenience stores (C-stores) can be difficult, and are often ripe for a major efficiency upgrade. C-stores offer speedy service to today’s on-the-go consumers who want to get in and out of the store quickly. Their convenient locations, extended hours of operation, one-stop shopping, grab-and-go food service, variety of merchandise […]
Accounting and inventory software can help C-stores achieve desired margins and reduce the time spent on unnecessary tasks.
The NPD Group says super-heavy users visit c-stores an average 22 times a month, but lighter visitors can be encouraged to shop more.