Three Key Industry Trends

The industry has changed a lot in a year-and-a-half and it’s probably just getting started.

In the words of Ferris Bueller, “Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it.”

The c-store industry moves pretty fast, too, so we thought it might be useful to provide readers a quick summary of three key industry developments together with links to articles that provide more details.

Rewards Programs

As the personal device (Smartphone, hand-held device, etc.) has become as good as ubiquitous in this day and age, it has opened up the possibilities for c-store reward and loyalty programs delivered and managed through the device. Find more information about them here::

Merger Mania

One of the most visible and consistent trends in the industry is the tremendous activity going on in terms of convenience store M&A’s (Mergers and Acquisitions). The sheer number of transactions is getting difficult to keep up with. Here’s some more info:.

Those are the big stories, but we know there are smaller changes happening all the time in the industry, as the always informative Convenience Store Roundup from CSP Magazine informs us each month.

Convenience Store Redesigns

As convenience store retailers step up their game to compete with Quick Serve and Fast Casual restaurants, exterior appeal is more important than ever. As a result, convenience store designs have become more sophisticated, and in some cases, breathtaking. Here are a few examples of redesigns from several different market segments:

While this SSCS Blog post has summarized broader industry trends, lots of little changes happen in our market all the time. The always informative Convenience Store Roundup from CSP Magazine is a good monthly source for more specific and localized developments.

Keeping up with the changes in the industry may be difficult for a convenience store operator, but it is not impossible if the right strategy is put in place with the right technology to back it. It helps to have a technology provider that understands the dynamics of the industry and has the solutions to help you adapt. If you are looking for such a partner, SSCS is ready and willing to assist you.

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