April 16/New York/Convenience Store News -- A new survey of beverage retailers representing convenience store locations across the U.S. indicates things are looking up in the cooler.
According to Wells Fargo Securities, beverage volume was up more than 4% and pricing trends were up between 2-3% in the convenience store channel during the first quarter. The strong showing came despite higher fuel prices and somewhat sluggish macro trends. Unseasonably mild weather drove increased foot traffic, bolstering beverage volume during the time period, the survey found.