Food Business News - October 23, 2012 - (Page 45)

Convenience Store Trends gourmet C onvenience store food offerings have come a long way since Clark Griswold, played by actor Chevy Chase, in desperation, said, “I’m so hungry I could eat a sandwich from a gas station,” nearly 30 years ago in the movie “National Lampoon’s Vacation.” Today, Mr. Griswold may be nce surprised to learn convenience stores have become not a n choice of last resort but an attractive destination for sandwiches, as well as many types of foods — often with a premium positioning. The trend was apparent at The Association for ilConvenience & Fuel Retailion ing’s NACS Show, an exposition ontargeted to the 148,126 convenience stores in the United States that serve nearly 160 million customers per day, and was held Oct. 7-10 in Las Vegas. “C-stores have gained confidence in their ability to deliver quality food in addition to fulfilling the value and convenience propositions that have traditionally defined this channel,” said John Oros, senior manager of business development for c-stores with The Hillshire Brands Co., Downers Grove, Ill. “The industry has been successful at changing consumer perceptions and positioning c-stores as a viable alternative to other meal time venues instead of being thought of as a food destination of last resort. “Food service has been a growing category in c-stores for some time and currently accounts for a higher percentage of gross profit margins than fuel or tobacco. Operators understand that selling premium Convenience stores are upgrading their food selection in an effort to expand their customer base products can generate higherprofit margins and enable them to earn more revenue.” Kevin Miller, senior brand manager for the c-store division of Tyson Foods, Inc., Springdale, Ark., agreed. “Food service has been playing a pivotal role for cstores for several years, and it’s not going to change,” he said. “We talk often about how food service isn’t something that stores need just for sales, profit and growth, it’s New product formats and varieties are emerging as convenience stores expand their offerings. COURTESY OF MCCAIN USA October 23, 2012 FOODBUSINESS NEWS ® 45

Table of Contents for the Digital Edition of Food Business News - October 23, 2012

Food Business News - October 23, 2012
Private label penetration forecast to grow in U.S.
Softer demand slows rate of Nestle sales growth
Drought’s impact becomes clearer
Table of Contents
Web Contents
Editorial - Food issues dampened before election
Culver acquisition boosts B&G third-quarter income
Foreign exchange rate cuts into McDonald’s earnings
Structural changes cut into PepsiCo sales in third quarter
Legislation proposed to track antibiotic use on farms
Dean Foods posts preliminary WhiteWave-Alpro results
California poultry processor files for Chapter 11 protection
Peapod testing virtual grocery stores in the Northeast
Shell egg prices push Cal-Maine income up sharply
ConAgra to close pork processing plant
Cereal Partners Worldwide to reduce sugar, sodium
Frozen food sales projected to remain sluggish
New food safety effort targets consumers
ConAgra Foods looks to heighten focus on nutrition addition
Cholesterol profile of U.S. adults improving
Food and beverage C.P.I. increases in September
Strong China results boost Yum! earnings
Global Greek yogurt introductions accelerate
Sunland recall reverberates throughout the industry
JBS USA has option to acquire XL Foods
Washington - F.D.A. issues guidance for food facility registration
Sports Nutrition - Broadening the appeal for sports nutrition products
Ingredient Innovations - Ushering in the next generation
Convenience Store Trends - On-the-go gourmet
Beverage Business News - Looking for a Pepsi rebound
Old Orchard debuts frozen sweet tea line
Red Bull to add fruit-flavored energy drinks
Lawsuit takes aim at New York’s 16-oz beverage rule
Coca-Cola profit climbs on volume growth
Beverage industry embraces calorie counts on vending machines
Journal report links sugary beverages to obesity
Tingyi partnership poised for flight
Beverage still tops at Pepsi...barely
Beverage Trends - An (energy) shot in the arm
New Food Products
Ingredient Market Trends - CME Group to acquire the K.C.B.T
Ingredient Markets
Supplier Innovations and News
Ad Index
Food Business in the News

Food Business News - October 23, 2012