Stephanie Beringhele’s Post

Have you heard? CSP Daily News just released their list of the Top Convenience Stores for 2024 and EG America made the list at #5! CSP’s list provides a ‘deep dive’ into the c-store landscape, detailing the largest chains in the convenience store industry and the biggest M&A stories of the past year. Read on to learn why EG America made the list: https://lnkd.in/gXdKT2qU

Simeon Siegel, CFA speaks to The San Francisco Standard about the unique characteristics and strategies of off-price retailers that bunch their locations closer together than other retailers. “As wild as it sounds, off-pricers tend to congregate near each other and near themselves. Unlike a brand that might see cannibalization from adding another store nearby, off-pricers find that the more stores they have, the more they can sell.” Read full article here: http://spr.ly/6044vr0KC

“As wild as it sounds, off-pricers tend to congregate near each other and near themselves. Unlike a brand that might see cannibalization from adding another store nearby, off-pricers find that the more stores they have, the more they can sell.” I spoke to The San Francisco Standard about the unique characteristics and strategies of #offprice retailers that bunch their locations closer together than other retailers. Read the full article here: http://spr.ly/6044vr0KC

Watch a quick video briefing on the thousands of retail closures the past two years. #retail #closing #WSJ

How could Casey's change the competitive landscape for QSR's and Convenience Retailers who today compete with CEFCO? Fuel: Caseys prices its stores slightly lower than direct competitors while CEFCO is much more aggressive pricing its pumps nearly 6cts/gal below its competitors, according to OPIS . People: Despite reducing labor costs over the past two years, Casey’s has seen a rise in Gallup scores. By streamlining tasks and embracing innovation, they are improving employee satisfaction and productivity. Customers: With 40% of Casey’s transactions driven by Casey's Rewards, they are leading the industry in customer engagement. Price: With a 41.2% margin, many brands won’t be able to compete with Casey’s on price, and instead will need to lean into differentiating experiences and/or products. Pizza: With Americans eating pizza three times a month, how many of those visits could you afford to lose? Thank you Brett Dworski for the opportunity to contribute to C-Store Dive! #RetailInnovation #CustomerLoyalty #EmployeeEngagement #QSR #ConvenienceRetail #MarketStrategy #CStoreDive Convenience and Energy Advisors  

💥 Big Lots in Big Trouble! 🏚️ Breaking retail news: Big Lots is facing some serious financial heat, with bankruptcy looming on the horizon. After years of battling market changes, shrinking margins, and increased competition, the beloved discount retailer might soon be closing the chapter on its 56-year history. 📉💔 But what does this mean for the retail landscape? Well, it’s another example of how legacy retailers need to quickly adapt to changing consumer behaviors and e-commerce competition. While Big Lots struggles, it’s a wake-up call for all retailers to innovate or evaporate in today’s cutthroat market. 😬 Let’s see how this unfolds, but one thing’s for sure—adaptability is key in today’s retail game! 📊👀 Read the full story 👇🏾 #RetailNews #BigLots #RetailBankruptcy #MarketTrends #RetailInnovation #AdaptOrEvaporate #RetailShakeup

The FTC is describing an industry that we haven’t seen in decades. Scott Moses, a retail sector strategy specialist focusing on M&A and divestitures at Solomon Partners, goes LIVE on Bloomberg: "The grocery industry is radically different than the one that the FTC describes. It's not just supermarkets, but supercenters and club grocers, discount dollar and drug grocers, specialty, ethnic, and online grocers, and, yes, supermarket grocers as well." See the full interview at https://lnkd.in/eQC9cemq. #krogeralbertsonsmerger #krogeralbertsons

Toby Pickard, Retail Futures Senior Partner at IGD (Institute of Grocery Distribution), and Danielle Dakin, Dematic Market Development Director, discuss IGD's store of the future model to highlight some of the key considerations and case studies that they're already seeing from around the world that have helped create a vision for the store of the future. Watch the on-demand webinar here: https://bit.ly/4dlSdWe #foodandbeverage #coldchain #retailinsights

This video hits the mark! In many of my general networking conversations regarding retail, most tend to credit Amazon for taking marketshare. However, T.J. Maxx since 2014 has double their sales and reached the $50B revenue in 2024 taking away marketshare from many other retailers along the way. Keep in mind, this is primarily old school retail that continues to build its customer base across all income levels, demographics, and age groups. In many ways, it was revolutionized the way Americans shop over the last decade. Kudos to T.J. Maxx! #retail, #offprice

The DX Market powered by GRUBBRR® is changing the fueling industry by providing a food and beverage ordering experience at the pump! Customers benefit from the added convenience, and convenience stores benefit from the incremental sales! Check out the link and please vote for the DX Market powered by GRUBBRR®.