Retailers need to know the importance of building customer loyalty for their business. Even convenience store owners, grocers, pharmacies, and other specialty retailers experience the benefits loyal customers bring. Returning customers spend 67% more than new customers, according to business.com. Winning these customers can also increase awareness for your store,
NACS (National Association of Convenience Stores) predicts 37.1 million Americans will go on a road trip for Memorial Day, up 6% from last year. With more travelers on the road, convenience stores, grocery stores, and other specialty retailers should expect increased foot traffic during the holiday weekend.
Grocers, c-store owners, and other retailers have experienced a challenging labor market recently. COVID-19 impacted the labor market in many ways. Store owners are experiencing a shortage of employees, higher turnover rates, and difficulty hiring. 3 ways store owners can help alleviate these challenges are…
Accepting EBT at your store has many benefits for your business. A recent Supermarket News article cited “SNAP households represent 24% of U.S. consumer goods spend.” Opening your doors to this new market can increase your revenue and your store’s foot traffic.
The requirements to accept EBT payments in your store can be confusing for owners. Seeing if you qualify to be a SNAP retailer, the application process, and even the reauthorization process for existing retailers can be time-consuming and difficult for busy store owners. Make the process a little easier with
Restroom cleanliness, layout, and overall design have a bigger impact on c-store and grocer customers than you may realize. An unclean restroom can lead to increased customer complaints, less return customers, decreased in-store purchases and other challenges. On the flip side, having a clean restroom can help encourage customer loyalty,
Bakery items can often get lost in convenience stores, grocery stores, and bodegas. This could lead to food loss due to not selling your fresh baked bread, bagels, and more as well as lost sales. Here are 4 ways to make your baked goods stand out, attract more sales, and
Shoplifting is a big problem for a variety of retailers, but especially for retailers like grocery stores and convenience stores that have products with lower margins. According to FBI crime data, there were 548K shoplifting cases in 2021. Additionally, the Annual Retail Theft Survey reported that retailers lose $15-$20B annually
Grocery stores are key spots for health and wellness products for consumers to meet their health goals. The New Year always brings an influx of people interested in healthier options, but according to the New York Post, over 70% of Americans are more health conscious after the pandemic. This means
Grocers, convenience stores, and other specialty retailers could benefit from selling branded merchandise in-store. Selling branded merchandise can increase brand awareness, bring in new customers, improve customer loyalty, and boost sales.
C-stores experienced a 6.2% growth in in-store sales in 2022, a record high according to c-store news’ state of the industry report. This means that store owners should take a look at their in-store shopping experience and ensure that everything is running smoothly.
For c-store owners, grocers, and other specialty retailer the holidays usually bring in more customers, more sales, and an overall busier store. November and December are often notably busy times of year. C-store owners see an increase in travel which means more people stopping in for fuel or a quick
Being an independent retailer can come with challenges. It may be more difficult to market your business in your community and stand out against the competition, luckily there are a few easy and inexpensive ways to familiarize local customers with your business.
If your store is experiencing high sales and low profits, you may need to re-evaluate your profit margins. Profit margin measures a retailer’s profit after subtracting cost from how much you sell the item for, if this number is positive then you are making money. As a business owner, you
Independent grocers, c-stores, and other specialty retailers are prime pieces in the puzzle of fighting hunger. These retailers are key community pillars that economically support many in their community, especially people like SNAP recipients.
Stay powered up with goEBT! Get the latest news, trends, and tips to grow your business – delivered right to your inbox.
