SAN FRANCISCO — In-store and fuel purchases continued to decline in convenience stores during the first week of April, but at a substantially slower rate than the previous month. Meanwhile, beer sales have moderated and diesel fuel sales declined by double digits, according to the latest data from analytics firm Skupos.
"Over the past four weeks, data suggests that increasing numbers of consumers have opted to include convenience stores when considering where to purchase goods," the company said in its latest blog post. "This indicates that although revenue is down, stores have the opportunity to expand their customer base and sustain that new base once stay-at-home orders are lifted."
With COVID-19’s drastic effect on the market, Skupos continues to monitor data trends in the c-store industry. Here are a few insights from the week ending April 5 ...