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Convenience Stores

  • Starbucks Q1 profit jumps 25%; sales miss

    Seattle – Starbucks Corporation’s profit in the first quarter rose 25% to $540.7 million from $432 million in the year-ago period, better than analysts expected.

    Revenue for the quarter ended Dec. 29, 2013 rose 12% to $4.24 billion from $3.79 billion. Same-store sales rose 5%, beneath Wall Street expectations of 5.9%.

    Same-store sales in the Americas region also rose 5%, while analysts had expected a 6.4% increase.

  • Le Pain Quotidien leases Manhattan location

    New York — Le Pain Quotidien has leased a 3,100-sq.-ft. retail location at 1006 First Avenue, on the northeast corner of East 55th Street. A former Chase Bank location, the site offers 65 ft. of frontage set slightly above street level, allowing for excellent visibility and signage.

    Le Pain Quotidien, an organic bakery and communal table restaurant, has more than 200 locations on five continents.

  • C-stores account for 34.3% of all U.S. retail outlets

    ALEXANDRIA, Va. -- The U.S. convenience store count increased to 151,282 stores as of December 31, 2013, a 1.4% increase (2,062 stores) from the year prior, according to the 2014 NACS/Nielsen Convenience Industry Store Count. Convenience stores account for 34.3% of all retail outlets in the United States, according to Nielsen, which is significantly higher than the U.S. total of other retail channels including drug stores (41,378 stores), supermarket/supercenter (37,459 stores) and dollar stores (24,853 stores).

  • Kroger test-markets fuel points program

    Kroger is test-marketing the giving of 1,000 "fuel points" toward discounted gas for each transferred prescription versus the traditional $25 Kroger gift card, according to a blog published on The Houston Chronicle website Wednesday.

  • Dunkin’ Donuts plans 13 stores in Oklahoma City

    Canton. Mass. – Dunkin’ Donuts has signed a multi-unit store development agreement with existing franchise group, OKD Holdings, to develop 13 new restaurants throughout Oklahoma City. The first of the planned restaurants will open in 2015.

    Together, this team led by second generation Dunkin' Donuts franchisee Misha Goli and his partners will manage and oversee the company's daily operations for each restaurant. Goli currently owns four restaurants throughout Oklahoma City.

  • Meijer’s holiday campaign enjoys record-breaking success

    Meijer customers donated more than $510,000 during the company’s holiday Simply Give campaign, helping food pantries throughout the Midwest restock their shelves.

    Combined with a donation from Meijer, the holiday campaign raised more than $1.2 million, making it the most successful campaign since Simply Give began in November 2008.

  • This Is Retail: Climbing the ranks at Walmart

    Claudine McKenzie has been working in the retail industry with Walmart for more than 17 years. Her career path has given her the opportunity to grow from a part-time sales clerk to a store manager all while obtaining her bachelor’s degree and working on a master’s degree.

    In this latest installment of “This Is Retail,” an initiative of the National Retail Federation designed to showcase the industry’s diverse career opportunities, McKenzie shares her story.

  • Weather Trends: February 2014

    February 2014 is projected to be the coldest in four years and drier than last year for the U.S. as a whole. Much colder year-on-year trends will be widespread at the start of the month, especially across the Central U.S. The axis of colder temperatures shifts to the Northern Tier of the U.S. by the second week of the month. Much colder trends early in the month will help to clear remaining winter merchandise. A taste of spring arrives in the Deep South in retail week three, making this a favorable time for categories such as sun care, apparel and cold beverages.

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