Alimentation Couche-Tard has acquired Holiday Stationstores, CST Brands, Ultramar and many more in each case the template has been the same integrate a fresh food first strategy to drive brand consolidation and sales with a focus on grocerant niche Ready-2-Eat and Heat-N-Eat fresh food fast according to Steven Johnson, Grocerant Guru® at Tacoma, WA based Foodservice Solutions®.
So, when EG Group, the British retailer which last year purchased Kroger's convenience-store business, has now entered into a binding agreement for the acquisition of Cumberland Farms, according to Johnson we should expect the same. Simply put more grocerant niche Ready-2-Eat and Heat-N-Eat fresh food.
Consolidation in any industry is a sign of sector strength according to Johnson and the C-store sector has been on fire for 9 years. What is more important is haw the ‘big’ money sees the future of the industry and it clearly is pointing to a dramatic growth of grocerant niche Ready-2-Eat and Heat-N-Eat fresh food.