Skip to main content

CSN January 2025

Page 50

Current Conditions in Retail Channels Company Works With STUDY 2025

VERY/SLIGHTLY POSITIVE

NEUTRAL

VERY/SLIGHTLY NEGATIVE

65%

9%

26%

Convenience

60%

19%

22%

Grocery

51%

22%

27%

Dollar

48%

35%

17%

Mass

36%

33%

30%

41%

27%

Restaurant

32% Drug

Anticipated Impact of Issues on Sales & Profitability RANKED BIGGEST IMPACT

RANKED IN TOP 3

Inflation and national economic issues

20%

46%

New product development in your category

13% 29%

Consumer spending decline

13%

43%

Labor turnover and hiring

11%

23%

Consumer spending growth

9%

20%

Investments in foodservice

7%

Retailer unit expansion

5%

Increasing operational costs

5%

Increasing regulation

5%

Raw materials costs

5%

Supply chain issues

4%

21%

Retailer consolidation

4%

18%

E-commerce 48 Convenience Store News C S N E W S . c o m

11% 13% 34% 18% 11%

5%

on their sales and profitability in 2025 and 46% put it in their top three. Along the same lines, 13% cite consumer spending decline as their biggest challenge and 43% place it in their top three. Other top challenges are labor turnover and hiring, and increasing operational costs.

“Innovation will increase as economic conditions improve.” —Supplier/distributor participant

Reasons for Optimism

Despite concerns, convenience channel suppliers and distributors have a lot to say about their reasons for optimism heading into 2025. Comments include: • Economy: “We anticipate fuel prices to continue to remain steady and even decline, which would spur more driving and trips to convenience stores.” • Business Growth & Expansion: “We are a growth company with a tremendous upside and have just started larger business rollouts.” • Innovation & Technology: “Innovation has slowed through the inflationary period and I believe it will increase as economic conditions improve.” Other leading reasons for optimism are operational improvements, and changing political and regulatory factors following the November 2024 presidential election. C-store industry suppliers and distributors are also bullish on new product development and retailer unit expansion. CSN


Turn static files into dynamic content formats.

Create a flipbook
CSN January 2025 by ensembleiq - Issuu