Retailers hoping to succeed in coffee need to know the value of a quality cup. Convenience store consumers find “quality of beverages” to be important or very important.
The convenience store channel makes less on hot beverages than other channels. This chart shows it has 11% of the pie for retail sales, but pushes through 15% of the finished product.
Gross margins are a winner with cold, hot and frozen dispensed beverages compared to other foodservice subcategories.
For hot-dispensed beverages, coffee is still king, accounting for 73% of category sales in convenience stores, plus another 24% for specialty coffee.
Within the coffee category itself, brewed, regular hot coffee ranks No. 1 in convenience stores, purchased by 79% of coffee drinkers in the channel.
Coffee drinkers index higher than most other demographics when it comes to spending more on foodservice in convenience stores.
Projections show significant growth expected for hot-coffee sales in convenience stores, rising 2.5% from 2012 through 2015, according to Technomic.
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CSP’s Top 202 details the largest chains in the convenience-store industry and the biggest M&A stories of the past year. Welcome to a deep dive into the c-store landscape.
Category sales performance in Beverages, Candy, General Merchandise, Packaged Food/Foodservice and Snacks.
The industry’s largest distributors by sales volume
Corporate retail news affecting the convenience-store industry
The latest information on products and trends in the convenience-store and foodservice industries.
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