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Convenience store sales totaled $682 billion in 2011
New York -- In-store convenience store sales grew 2.4%, reaching a record $195.0 billion in 2011, according to data released Wednesday by NACS (National Association of Convenience Stores). Combined with $486.9 billion in gasoline sales, total convenience store sales in 2011 were $681.9 billion.
More than 80% of in-store sales are from five categories: cigarettes (38.1% of in-store sales); foodservice (16.9%); packaged beverages (14.3%); beer (7.3%); other tobacco products (4.0%).
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Walmart supports sustainable cotton
Walmart has joined Adidas, H&M and Levi’s a member of the Better Cotton Initiative’s Fast Track program to encourage the production and purchase of sustainable cotton. For its part, Walmart will give $650,000 in grant money to help cotton farmers become more efficient and eco-friendly in their production. Read more.