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NACS Show 2021
  • Conference: October 5-8, 2021
  • Expo: October 6-8, 2021
  • McCormick Place | Chicago

From the Pump to the Store: Winning in an Environment of Expanding and Contracting Shopper Budgets

October 6, 2021
8:00 AM - 9:00 AM CDT
Location: E450B

My organization came out of COVID relatively unscathed, but we need to determine what we can do to see success as the economy re-emerges.

People may be getting back to some routines as the economy opens up, but the pandemic will cast a long shadow over the consumer landscape. Income trends have been altered by unprecedented changes in government and business policy. Meanwhile, prices have risen quickly. Convenience stores will need to adjust to win shoppers amid the “new” abnormal that shoppers’ face in the near future.

Objectives:

  • Discover how income has changed and what it means for low and upper income shoppers
  • Discuss what the inflation outlook is for gasoline and other convenience store staples
  • List the winning strategies convenience store operators should deploy to keep basket sizes growing in store amid shifting shopper budgets
Track
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Speakers

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