How smart retailers are redefining the c-store
The Wall Street Journal reported that some US convenience store operators are redefining the retail niche by combining c-store staples with fresh food options. Stores such as Denver's Choice Market and Chicago's Foxtrot are catering to growing consumer demand for fast-casual quality in a grab-and-go setting. Apparently, they generate 8% of sales from fresh produce. This is possibly something Coles should look at, given that their convenience segment has declined by 8% during the last quarter.