Convenience stores saw record sales in stores in 2023, according to newly released data. Total convenience industry sales in 2023 were $859.8 billion and average basket size increased 3.7% to $7.80.
So we asked:
Are we only going to see convenience sales continue to grow?
And you answered:
- Yes, the demand is there (60%)
- Depends on inflation (38%)
- Other, tell us in the comments
And you also said:
Felice Kaufman, Grocery Sales and Marketing, Natural Food and Beverage Brands
That’s because it’s less expensive to buy a rack at the Circle K than to walk into Publix. The prices keep going up and there seems to be no end in sight. Are the grocers sending extra coupons or giving back a point? No, they’re not. Soon we’ll all be shopping at Mobile for hot dogs and tissue paper.
Sherrelle Smith, Consultant
Yes, I believe convenience will survive BUT they must have a plan that continues to meet their customers needs. They must be mindful of the impact of inflation.
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Have another thought? Weigh in on our LinkedIn poll here, or email the SN team at contactus@supermarketnews.com, and make sure to include your first and last name and job title. Have a great weekend. WHAT DO YOU THINK? | 
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