Thursday, March 10, 2011

Smokeless Tobacco Use Sees Upward Trend

For today's convenience store owner, there's no mistaking the fact that cigarette sales are on the decline. But the convenience store business is healthier than ever. Were you aware that convenience store commerce forms nearly 12 percent of the U.S. retail industry? The statistics supporting a trend in the growth of the convenience business are staggering. I encourage you to visit CSNEWS and read more. But in case you're like me and prefer having all your information in one place, I'll lay it out for you. According to recently released statistics, "Growth in the convenience store industry will continue through 2013 at a CAGR of approximately 7.6 percent, market research consultant RNCOS reported. The convenience store industry, which currently forms nearly 12 percent of the U.S. retail industry, has seen several years of growth, with the number of individual convenience stores expected to increase as well," (CSNEWS).

It's easy to fret about lost units in certain categories, but rather than offer complaints our industry has found solutions! At Allen Brothers, we've seen first-hand how store owners, vendors, manufacturers, and distributors have become more creative & resourceful in finding new ways to generate revenues.

To that point, I came across an article regarding smokeless tobacco and wanted to share. The publishing syndicate Convenience Store News for the Single Store Owner reports that the unit sales of smokeless tobacco products are offsetting declines in other areas of the tobacco industry. In fact, in a recent study it was found that 30% of the recent decline in cigarette sales is being offset by the robust sale of small cigars, snuff and roll-your-own products.

Smokeless tobacco products are certainly one way that the convenience world has adapted to declines in other areas. But it's not all snuff. The emphasis on ready-to-eat foods at convenience stores is a growing trend, and many stores are stepping up their ready-to-eat food offerings to make up for declining cigarette sales. I'd like to open up the discussion to find out what other ways the convenience industry has not only survived, but excelled in today's market. Post your thoughts and partake in today's AB Poll below. Happy selling everyone!

8 comments:

  1. Continue posting about this topic because it's very interesting. Mine I started my blog with very basic.Thanks for the post.
    Best Hookah Pipe

    ReplyDelete
  2. In Central and East Cuba, the provinces of Remedios and Oriente yield tobacco that is not supposed to be acceptable for what everybody calls a Havana!iqos cigarette buy

    ReplyDelete
  3. Smokeless tobacco items are surely one way that the accommodation world has adjusted to decreases in different regions. In any case, it's not all snuff. The accentuation on prepared to-eat sustenances at accommodation stores is a developing pattern, and numerous hides away venturing up their prepared to-gobble nourishment contributions to compensate for declining vapor wholesale cigarette deals.

    ReplyDelete
  4. Your blog is really good. This information is really useful for those who have searched for this and you have great knowledge about this. I’m really impressed with your post.online smoke shops

    ReplyDelete
  5. Thank you for taking the time to post this blog. I am pleased with your work after watching this post. This is very useful for us. Keep sharing such blogs. Silicone Smoking PipesSilicone Smoking Pipes

    ReplyDelete
  6. a mixture that was used in early cloth wick lighters. Butane, because it was less smelly and the flame more controllable became the ideal fuel source used for all the lightweight and disposable lighters throughout the world. Best Tobacco pipes

    ReplyDelete
  7. Bridal necklace are matching earrings, each a masterpiece in its own right. Cascading with brilliance, they frame your face with a radiant minimalist jewelry brands adding a touch of allure and sophistication to your bridal ensemble. The earrings mirror the intricate design of the necklace, ensuring a harmonious balance of style and refinement

    ReplyDelete
  8. Hair Jewelry: From sleek metallic cuffs to intricate chain braids, hair jewelry adds a touch of luxury and sophistication to any hairstyle.
    metal band long hair you opt for minimalist designs or bold statement pieces, hair jewelry instantly elevates your look.

    ReplyDelete