TITLE

Gotta Be NEW! Gotta Be FIRST!

AUTHOR(S)
Francella, Barbara Grondin
PUB. DATE
August 2004
SOURCE
Convenience Store News;8/2/2004, Vol. 40 Issue 10, p41
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
"Beat the guy down the street!"is the latest battle cry as convenience store operators shift into high gear, eager to be the first to offer new products, which are often most profitable during their debut. Armed with an initial set of planograms provided by its wholesaler, Acorn Markets receives monthly updates on slow-moving or discontinued items and, using its stores' own sales data as well, makes decisions on what products to drop. Still, with Acorn Markets geared up to introduce new products quickly, Peter Bennett stated that he has been wrestling with his primary wholesaler to get new products into stores right away. INSETS: Finding, Picking Products;When Winning Is Everything.
ACCESSION #
14013029

 

Related Articles

  • THE NEW CONVENIENCE? Phillips, Kent // Beverage World;5/15/2003, Vol. 122 Issue 5, p65 

    Explores the factors contributing to the decline of the convenience/gas stores business. Competition in the sector; Role of beverage suppliers in the decline of the stores.

  • Sunoco Divesting Midwestern Units. Morrison, Mitcb // Convenience Store News;5/5/2003, Vol. 39 Issue 6, p14 

    The efforts of Philadelphia, Pennsylvania-based refiner/marketer Sunoco Inc. to expand into the southeastern market were countered April 2003 with a scale-back of company-owned operations in part of the Midwest. Sunoco knows its markets and understands that it can maximize profits in the Midwest...

  • Dashing and Dining. Petrak, Lynn // National Provisioner;Aug2007 Supplement3, Vol. 221, p26 

    The article reports business development of convenience stores (c-stores) in the U.S. According to the report, c-stores sales rose 12% last year to a record of $523.9 billion, as well as is-store sales rose 9.6% despite the increase of gasoline. In addition, most e-stores practice combining...

  • Fresh Look. Aronovich, Hanna // Food & Drink;Nov/Dec2006, Vol. 5 Issue 6, p82 

    The article features Pak-A-Sak convenience stores based in Portland, Indiana. The stores operate at gas stations throughout Indiana and Ohio. The company has a total of 30 locations. The main aim of the company to operate in gas stations has been customer-traffic driven. It wants to generate...

  • $3.3 billion.  // BRW;6/7/2007, Vol. 29 Issue 22, p19 

    The article reports that food items at Australian corner stores generate annual sales of $3.3 billion. According to the author, the country has 40,000 route trade outlets nationally that include service stations with convenience stores, chain convenience stores and independent convenience...

  • Easy shopping. Picó, María Bird // Shopping Centers Today;Sep2008, Vol. 29 Issue 9, p45 

    The article reports on the development of convenience stores in Latin and Central America. Gas-station-based stores operating under the brands of Smart, Select and Run have increased by 850 in Central America. Dominic Republic has 99 gas-station-based stores, while the number of convenience...

  • Mid-Size Movement.  // Convenience Store News;9/15/2003, Vol. 39 Issue 12, p91 

    This article presents a list of top 50 chain stores in the U.S. Indeed, 13 companies at the bottom of this year's Next 50 are all making their debuts on the list. Capital funds totaling $10 million were allocated for upgrading the fuel islands at the time of the acquisition, when the company...

  • Inside Home Depot Fuel. Browne, Michael // Convenience Store News;4/17/2006, Vol. 42 Issue 5, p28 

    The article focuses on a new convenience concept, Fuel, launched by Home Depot Inc. at Brentwood, Tennessee. The Brentwood location is the first of four convenience store/fuel stations the home improvement giant plans to open in the Nashville area in the first half of the year, and has announced...

  • In Breakouts, Retailers and Suppliers Speak Out.  // Convenience Store News;8/2/2004, Vol. 40 Issue 10, p28 

    For the CSNews Future Forum Breakout Sessions, retailers and suppliers gathered in small groups to discuss issues in the convenience store industry today and going forward. Steve Loehr of Kwik Trip, one of the session's moderators, pointed out that timeliness is a big factor for new products...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics