TITLE

Gas Price Fears Put Premium on Differentiation

PUB. DATE
May 2006
SOURCE
Convenience Store News;5/8/2006, Vol. 42 Issue 6, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information on the rising fuel costs and gas prices in the U.S. A research by ACNielsen suggests that growing worries about fuel price increases are prompting consumers to drive less and cut back spending on non-essential things. 88% of U.S. consumers surveyed by the giant research firm said that fuel prices were affecting them, and 77% said they were reacting by combining trips and errands. NBC Today Show food expert Phil Lempert said that if gas prices continue to rise, this will only ramp up the competitive pressures on even the best and most unique operators.
ACCESSION #
20787557

 

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