Friday, August 24, 2012

Convenience Store foodservice sales continue to fuel bottom line.

Wow, another great year for foodservice sales  within the Convenience store sector according to the results from Convenience Store News exclusive 2012 Foodservice Study.  Ninety Two percent of Convenience store operators expect to match or beat 2011Food Sales profits the study found as reported by Don Longo.

Results for last year’s study had shown that the foodservice category sales grew 7.5 percent to $25.6 billion.  Regular readers of this know that ready-2-eat and heat-N-eat fresh prepared food sales led the category with 10.6 percent year over year results. 

Convenience Store News 2012 study revealed 90 percent of convenience stores now offer a foodservice program of some sort.  In addition 97 percent sell hot dispensed beverages, and 95 percent sell fresh prepared food.  The quality of the food offered at convenience has improved dramatically and two industry leaders Sheetz and Wawa are now consumer considered “restaurant quality”.  Sheetz states they are a restaurant that sells gas!  Who are you selling?  What are you selling them?

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