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in Independent
Convenience Retail
The convenience retail market is highly
fragmented, which poses challenges for
CPG manufacturers seeking to optimize
their sales in this lucrative industry. It
requires first an understanding of the
store-by-store opportunities available and
then the ability to execute against those
opportunities through merchandising and
promotional strategies.
Industry Overview
Market Insights:
Fuel
Fuel Prices
Average fuel prices have increased
between 35% for premium and 62.2%
for diesel since the beginning of the
year, with mid/plus up 45.5% and
regular up 51.7%.
$6
$5
Price
$4
$3
05/09/22
05/16/22
05/23/22
05/30/22
06/06/22
06/13/22
06/20/22
06/27/22
07/04/22
07/11/22
07/18/22
07/25/22
08/01/22
08/15/22
08/08/22
Week
Market Insights:
Packaged
Beverages
Revenue per Store per Month
Packaged beverage revenue per store was up about 3.5% in July,
compared with July 2021.
$20,000
Revenue Per Store
$15,000
$10,000
05/2022
05/2021
06/2022
07/2022
06/2021
07/2021
09/2021
10/2021
11/2021
12/2021
01/2022
02/2022
03/2022
04/2022
08/2021
Month/Year
Top-Growing Subcategories
Market Insights:
Salty Snacks
Revenue per Store per Month
Salty Snacks revenue per store was up about
15.2% in July, compared with July 2021.
$3,500
$3,000
Revenue Per Store
$2,500
$2,000
05/2021
06/2021
09/2021
10/2021
11/2021
12/2021
01/2022
02/2022
03/2022
04/2022
05/2022
06/2022
07/2022
07/2021
08/2021
Month/Year
Top-Growing Subcategories
Tortilla/Corn-Chips 10.4%
Market Insights: n d y
C a
Candy
Revenue per Store per Month
Candy revenue per store rose about 2.8%
in July, compared with July 2021.
$3,000
Revenue Per Store
$2,500
$2,000
05/2022
05/2021
06/2022
07/2022
06/2021
12/2021
07/2021
09/2021
10/2021
11/2021
01/2022
02/2022
03/2022
04/2022
08/2021
Month/Year
5x
Product Launch Date Distribution
Top-Growing Subcategories
Gum 3.5%