Mercer Capital’s Convenience Store Industry newsletter is a quarterly publication. Each issue includes a segment focus (motor fuels, grocery stores, alternative fuels and consumer transportation and food services). Also included in every issue is a market overview, a review of recent M&A activity, and more.
The segment focus of the most recent issue is Foodservices. Excerpting from the discussion:
According to the National Restaurant Association, the foodservice industry is expected to reach a record high of $683 billion in revenue for 2014, which would represent a 3.6% increase from 2013.
The “retail-host restaurant” segment, to which c-stores belong, is expected to experience even higher growth rates (on the order of 5.1%) than traditional restaurant operators (2.6% for table-service restaurants and 4.4% for limited-service restaurants). Given the high profit potential for in-store food offerings, it is paramount for many retailers to maximize their food offerings.
To read the entire write up, download the newsletter (pdf) here.