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Convenience Store M&A Activity Suggests More Consolidation is Coming
The pace of merger and acquisition activity in the U.S. convenience store sector is accelerating with recent trends suggesting the nation’s c-store landscape is ripe for more change. While most of the transactions in 2024 involved smaller chains or single-store operators, several larger operators inked deals to significantly expand their footprints into new regions.
According to a new research brief from CoBank’s Knowledge Exchange, c-store consolidation stands to disproportionally affect rural communities, many of which lack a grocery store or access...
71% of Canadian and 43% of Mexican Consumers Intend to Buy Fewer US Grocery Products, Study Reveals
Seventy-one percent of Canadian and 43% of Mexican consumers report they will buy fewer U.S. grocery products in 2025 according to the tenth wave of the dunnhumby Consumer Trends Tracker (CTT) released today. Canada and Mexico are the two largest agricultural trading partners of the U.S. According to the USDA, in 2024 the U.S. exported 33% of its agricultural products to Canada and Mexico, totaling over $58 billion out of $176 billion of total U.S. agricultural...
1 in 6 Adult Americans Replaced Meals With Snacks in 2024: Euromonitor International
One in six adult residents of the United States is replacing their daily meals with snacks, data analytics company Euromonitor International has revealed
According to Euromonitor International’s World Market for Snacks 2024 report, 18% of adult Indians, 17% of adult Americans and 13 % of adult Britons have been replacing their meals with snacks, as convenience-oriented lifestyle changes favour snacking and consumer purchases continue to be impacted by economic uncertainty.
Carl Quash III, head of snacks at Euromonitor International, said: “Consumers have been under...
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