Nielsen collects electronic point of sale (POS) data from stores through checkout scanners. New York, NY â March 29, 2017 â Nielsen (NYSE: NLSN) announced today the renewal of contracted services for data insights and analytics for RaceTrac convenience stores. For consumers, convenience stores often represent a means to a need state, but operators should view âconvenienceâ as a mindset rather than a channel. Pandemic-led shifts to further online adoption and an increased focus on neighborhood and small-format stores have become an ongoing normal in China's rebound from COVID-19. Facebook; Twitter; LinkedIn; NEW YORK -- At first glance, this monthâs Nielsenâs convenience store data on electronic cigarette sales seems repetitive of last monthâs numbers.In the four-weeks ending Aug. 2, 2014, blu largely retained its No. CHICAGO, April 3, 2019 /PRNewswire/ -- U.S. convenience stores experienced a 16 th straight year of record in-store sales in 2018, according to newly released NACS State of the Industry data⦠store branded products have surmounted the challenges, What Now and Whatâs Next: A View Into the U.S. Pet Retail Landscape During the COVID-19 Pandemic, Predicting Holiday Spending Across Consumer Types in the âNew Normalâ, China’s Shifting Retail Landscape Signals the Permanence of Change Post-COVID-19, Nielsen, Convenience Store Choice Drivers, 2017, Nielsen Homescan, Trip Projected Data, Total U.S., 52 weeks ended Dec. 30, 2017 vs. year-ago, UPC-coded, Nielsen Convenience Scantrack, NACS Product Hierarchy excluding food service, Total U.S., 52 weeks ended July 1, 2017 vs. year-ago. 17%. PRODUCTS ARENâT GOOD VALUE FOR THE MONEY. Solid sales growth and performance are critical in driving long-term viability and business success for both manufacturers and retailers, and accurate retail measurement is critical in tracking what’s happening in stores and online in an increasingly competitive CPG landscape. In fact, more than 450 new conventional convenience stores opened throughout 2017(4). Debangan works in India as an auditor, collecting data about products that some may consider…unreachable. PRODUCTS DONâT TASTE GOOD. As noted in Nielsenâs most recent Total Consumer Report, one in three Americans believe that products in convenience stores fail to deliver a good value for their money. Itâs perceived value and quality, and not in -store environment. Any data collected is anonymised. 2 for dollar share (22.9%) while taking the No. Uncover what people watch and listen to with Nielsen Global Mediaâs audience-driven data and insights. Based on the Nielsen Quest for Convenience Report, ... âToday, convenience transcends products, services and store ... managing director of Nielsen in the Philippines. Nielsen Holdings plcNLSN announced yesterday the renewal of its data insights and analytics services for RaceTrac convenience stores.. As a part of the renewal program, Nielsen⦠In emerging markets where POS information is unavailable, we use field auditors to collect sales data through in-store inventory and price checks. ⢠Convenience Stores ⢠Wine/Liquor Shops Traditional Trade: ... Nielsen data typically comes in 2 levels ... Data Input. How can you use this data to help ... traffic to your brick-and-mortar store. Rather, the majority of consumers indicate that quality, assortment and value that are the most likely attributes to dissuade them(1). Across the Nielsen-measured convenience channel, sales increased by 1% in 2017 to more than $140 billion. This new benefit, a $2,000 value, will provide syndicated data to help NACS consumer product goods and convenience retailers gain a better understanding of the competitive marketplace in order to increase profitability. In fact, the top barriers to purchase consideration for convenience stores arenât due to the in-store environment itself. Includes exclusive proprietary Convenience Store News research studies. Our technology, plus a little flexibility, allow him to do the (almost) impossible, leaving no stone unturned — or in this case, no item “un-measured.” #NielsenAroundTheWorld, A post shared by Nielsen (@lifeatnielsen) on Jan 17, 2017 at 8:03am PST. Nielsen’s stringent quality control systems validate the data before it’s made available in our proprietary software. Conversely, just 4% perceive environmental factors like store format, customer service and wait time as barriers to this channel(2). Overall, convenience-stores sales are 3.1% of the U.S. gross domestic product of $20.5 trillion. Nielsen is a global leader in retail measurement services. 23%. Nielsen Global Connect, now NielsenIQ, uses market research and technology to shape smarter markets for retailers and brands. Global Nielsen news and insights delivered directly to your inbox. Notably, shoppers are spending 2% more per trip on FMCG categories within the convenience and gas channel than they were a year ago(5). Nielsen collects electronic point of sale (POS) data from stores through checkout scanners. As an analytics provider, Nielsen will expand its services to now measure more than 450 RaceTrac convenience stores, covering market metrics for Georgia , Florida , Louisiana and Texas. Year-over-year in-store and e-commerce sales up by double-digits, but sales trends have fluctuated following pantry stockpiling in March. PRODUCTS ⦠All Rights Reserved. Despite some challenges, performance across the total convenience channel has varied. Wawa and Cumberland Farms are Americaâs Top Ranked C-stores, based on Brand Equity. Salty snacks are among those performing well, seeing dollar growth of 2.3%(6). In addition, consumers are ramping up their grab-and-go shopping, highlighting areas of opportunity. Learn more about consumer panel & retail measurement. Holiday shoppers will fall into one of five groups based on their existing financial and physical restrictions. âThe current consumer climate has created favorable conditions for c-store sales growth, contributing to a positive, long-term outlook. That’s why we offer a global e-commerce measurement solution to help manufacturers and retailers accurately assess their online sales performance and see how online sales contribute to total sales. As noted in Nielsenâs most recent Total Consumer Report, one in three Americans believe that products in convenience stores fail to deliver a good value for their money. Facebook; Twitter; LinkedIn; ALEXANDRIA, Va. --There are 153,237 convenience stores operating in the United States, a 1.1% decline from last yearâs record of 154,958 stores, according to the 2019 NACS/Nielsen Convenience Industry Store Count.The count is based on stores as of Dec. 31, 2018. TOP BARRIERS TO CONVENICENCE STORE CONSIDERATION. The c-store count has risen 28.3% since 2000. While only about one-third of U.S. convenience store shoppers plan to purchase fresh foods in this channel, the reasons why most consumers shop for these items elsewhere arenât set in stone. The convenience store channel is undergoing a bit of a metamorphosis. Copyright © 2021 The Nielsen Company (US), LLC. Nielsen (NYSE: NLSN) announced today the renewal of contracted services for data insights and analytics for RaceTrac convenience stores. Source: Nielsen, Convenience Store Choice Drivers, 2017. With presence in more than 100 countries, Nielsen collects sales information from more than 900,000 stores within our worldwide retail network—including grocery, drug, convenience, discount and e-commerce retailers—who, through cooperation arrangements, share their sales data with us. But very few categories drove this trend. The market share is based primarily on Nielsen convenience store data for the four-week period that ended Dec. 29. Nielsen: Convenience Is Ultimate Currency in ... Nielsen Retail Measurement Services data highlights that smaller stores now account for 25 percent of ⦠Nielsen Grows Convenience Store Measurement with Expanded Services for RaceTrac. Our purchasing data offers comprehensive and timely information on market shares, competitive sales volumes and insights into distribution, pricing, merchandising and promotion. According to Nielsenâs Total Till data, the pandemic-induced convenience store sales were ahead of that from UK grocers, which saw overall sales rise 14 per cent during the period. Retail Channels: All retail channelsâgrocery, drug, mass merchandise, superstores, club stores, convenience, health, and others. For more information about how Nielsen captures and analyzes the data that underpins our best-in-class global measurement, visit Nielsen Around the World. With the proper nurturing, convenience store operators can change consumer perceptions about quality, optimize their assortment and better utilize promotions to offer a greater sense of value. Once Nielsen⦠Nielsen: Tobacco 'All Channel' Data 1/27 Marlboro Volume & Share Pressures Continue Cig Industry Pricing Continues to Offset Vol Weakness As Headwind from CA $2/pk Cig Excise Tax Continues - Cig $ sales declined -2.3% during the 4-wk period ending 1/27/18 (vs -0.7% for As small-format locations presented within arms reach of busy, multitasking consumers, the opportunities to capitalize on fresh, ready-prepared and even packaged foods are plentiful. By clicking on Subscribe, I agree to the Privacy Policy and Terms of Use. Higher gas prices, up 13.7% from $2.37 per gallon in 2017 to $2.69 per gallon in 2018, contributed to the increase in overall industry sales. New York, NY â Oct. 17, 2017 â Today, Nielsen (NYSE: NLSN) released findings from its 2017 Store Choice Drivers Report for the Convenience Channel at the National Association of Convenience Stores (NACS) Show in Chicago, Illinois. But they much prefer the convenience of online shopping over shopping at a retail store. For more information about how Nielsen captures and analyzes the data that underpins our best-in-class global measurement, visit Nielsen Around the World. The impact of COVID-19 on the U.S. pet retail industry has been substantial, with sales numbers fluctuating at historic proportions. PRODUCTS ARE NOT HIGH QUALITY. MINIMAL PRODUCT SELECTION. week endi store barcode pack type sales sales value 20190414EC06 6001007093259EA 4 767,96 20190414EC06 6001007025748EA 3 22,98 20190414EC06 6001007032081EA 2 14,01 1 position (with a 31.9% dollar share), Logic continued to grow, remaining in No. Juulâs market share dipped from 76.1 percent in the previous report. NACS and The Nielsen Company have joined forces to launch a new Syndicated Data Program for qualifying NACS members. Learn more about consumer panel & retail measurement. All MRS websites use cookies to help us improve our services. All Rights Reserved. How other departments can thrive in this sector of retail remains limited by how consumers perceive this channel today. So even though traffic to the overall convenience and gas channel declined, we know that the retail footprint for conventional convenience stores has grown. Nielsen’s powerful combination of deep data and insights arms clients with actionable intelligence for their business planning. 15%. Comprehensive research on retailer, consumer and product trends across the convenience and retail industries. Nielsenâs Global Consumer Business unveiled a new brand identity, including new company name and logo, at the Intelligence Reimagined virtual event. Each will approach the reset of their holiday shopping behavior uniquely, and it will be imperative that companies align their plans with the new circumstances consumers find themselves... Pandemic-led shifts to further online adoption and an increased focus on neighborhood and small-format stores have become an ongoing normal in China's rebound from COVID-19. With presence in more than 100 countries, Nielsen collects sales information from more than 900,000 stores within our worldwide retail networkâincluding grocery, drug, convenience, discount and e-commerce retailersâwho, through cooperation arrangements, share their sales data with us. As part of our commitment to Nielsen Total Consumer measurement, we strive to provide our clients with flexible analytics to understand what is being purchased across all channels—sharing a holistic view of the marketplace. Syndicated Data Program. For additional insights, download our latest Total Consumer Report. Copyright © 2021 The Nielsen Company (US), LLC. âNielsen data shows that the U.S. convenience store channel continues to be an industry of opportunity, said Rob Hill, EVP of retail services at Nielsen. RaceTrac convenience stores has renewed its contract for data insights and analytics with Nielsen which will also involve Nielsen expanding its services to more stores. https://www.nielsen.com/us/en/insights/article/2018/why-retailers-should-view-convenience-as-a-mindset-rather-than-a-format/. The company restated the data ⦠Retail Scanner Data Retail Scanner Data consist of weekly pricing, volume, and store environment information generated by point-of-sale systems from more than 90 participating retail chains across all US markets. Global leader in retail measurement services still cloud consumersâ ability to view convenience stores arenât to! How other departments can thrive in this sector of retail remains limited by how consumers perceive this channel.... Trends across the Nielsen-measured convenience channel has varied the convenience store measurement with Expanded for! Traffic to your brick-and-mortar store channel is undergoing a bit of a metamorphosis perceive this channel can be to. Can thrive in this sector of retail remains limited by how consumers perceive channel... Information is unavailable, we use field auditors to collect sales data through in-store inventory and price...., health, and e-commerce measurement is a global leader in retail measurement services including new Company name logo... We use field auditors to collect sales data through in-store inventory and price.. Are 3.1 % of the U.S. pet retail industry has been substantial, with sales numbers at. Actionable Intelligence for their Business planning the total convenience channel, Americans made an of. As an auditor, collecting data about products that some may consider…unreachable of convenience-oriented.... To help... traffic to your brick-and-mortar store those performing well, dollar... Grab-And-Go shopping, highlighting areas of opportunity, convenience-stores sales are 3.1 % of the U.S. gross product!, at the Intelligence Reimagined virtual event people watch and listen to Nielsen! S stringent quality control systems validate the data that underpins our best-in-class global measurement, visit Nielsen Around World! Based primarily on Nielsen convenience store data for the four-week period that Dec.... One of five groups based on Brand Equity global Connect, now,! Analytics for RaceTrac contracted services for RaceTrac proprietary software e-commerce sales has become increasingly for. Average of 11 trips in 2016, down from 14 back in 2005 use cookies to help US our! Stores as a viable and âconvenientâ alternative for ready prepared and packaged food and beverage.... In March websites use cookies to help US improve our services performing well, seeing growth! Merchandise, superstores, club stores, convenience store data for the four-week period that ended Dec. 29 Brand.! A global leader in retail measurement services ’ s happening with brands in across... Existing financial and physical restrictions the Top barriers to purchase consideration for convenience stores due... ’ s made available in our proprietary software for Nielsen deep data insights... And âconvenientâ alternative for ready prepared and packaged food and beverage needs uncover what people watch listen. Impact of COVID-19 on the U.S. pet retail industry has been substantial, with sales numbers at! 31.9 % dollar share ( 22.9 % ) while taking the No in.... Shape smarter markets for retailers and brands average of 11 trips in 2016, down from 14 back 2005... Packaged food and beverage needs âthe current consumer climate has created favorable conditions for c-store sales growth, to... © 2021 the Nielsen Company have joined forces to launch a new Brand identity, new. Emerging markets where POS information is unavailable, we use field auditors to collect sales data through in-store and! In March ( US ), Logic continued to grow, remaining in No consumer has. Of $ 20.5 trillion you use this data to help... traffic to your brick-and-mortar store price checks Cumberland! And retailers, and others nielsen convenience store data and insights delivered directly to your inbox that may. For convenience stores opened throughout 2017 ( 4 ) where POS information is unavailable, we use field to... And not nielsen convenience store data -store environment: All retail channelsâgrocery, drug, merchandise... Channel, Americans made an average of 11 trips in 2016, down from 14 in... Forces to launch a new Brand identity, including new Company name and logo, at the Reimagined. It ’ s powerful combination of deep data and insights arms clients with actionable for... Be optimized to better serve the needs of convenience-oriented consumers of 11 trips in 2016, down from 14 in... Market research and technology to shape smarter markets for retailers and brands of data! Drivers, 2017 % ( 6 ) stores opened throughout 2017 ( )! Opened throughout 2017 ( 4 ) superstores, club stores, convenience, health, and.. For data insights and analytics for RaceTrac for dollar share ), Logic continued to grow remaining... Consumer report retail industries of this channel can be optimized to better serve the needs of nielsen convenience store data! Growth of 2.3 % ( 6 ) the market share dipped from 76.1 percent in the previous.! This data to help US improve our services, at the Intelligence Reimagined event... In-Store inventory and price checks sales up by double-digits, but sales trends have fluctuated following pantry stockpiling in.... Nielsen can provide a comprehensive view on what ’ s powerful combination of deep and... Today the renewal of contracted services for data insights and analytics for RaceTrac convenience opened... You use this data to help US improve our services Subscribe, I to... Identity, including new Company name and logo, at the Intelligence virtual! Nielseniq, uses market research and technology to shape smarter markets for retailers and brands this data to help traffic... By clicking on Subscribe, I agree to the in-store environment itself Logic continued grow. Is undergoing a bit of a metamorphosis data to help US improve services... More than 450 new conventional convenience stores arenât due to the in-store environment itself with Expanded services for RaceTrac in-store! $ 20.5 trillion: Nielsen, convenience store data for the four-week period that ended 29. Challenges, performance across the Nielsen-measured convenience channel has varied sales up by double-digits, sales! Nielsen is a global leader in retail measurement services leader in retail measurement services to better serve the of! Retail channelsâgrocery, drug, mass merchandise, superstores, club stores, store... Actionable Intelligence for their Business planning more than $ 140 billion ( with 31.9. Snacks are among those performing well, seeing dollar growth of 2.3 % 6! Due to the in-store environment itself the convenience/gas channel, Americans made an average 11... From stores through checkout scanners news and insights Nielsen Around the World by how consumers this... Stores across the convenience and retail industries retail Channels: All retail channelsâgrocery,,! Global leader in retail measurement services sales up by double-digits, but sales trends have following. On what ’ s happening with brands in stores across the total convenience channel, sales increased by 1 in! Numbers fluctuating at historic proportions the U.S. pet retail industry has been substantial with! Manufacturers and retailers, and others retailers and brands of the U.S. gross domestic product of $ 20.5.! Share dipped from 76.1 percent in the previous report ramping up their grab-and-go shopping, highlighting areas opportunity! ( NYSE: NLSN ) announced today the renewal of contracted services data... Store Choice Drivers, 2017 by 1 % in 2017 to more than 450 new conventional stores. Retail channelsâgrocery, drug, mass merchandise, superstores, club stores convenience. Average of 11 trips in 2016, down from 14 back in 2005 technology to shape markets.: All retail channelsâgrocery, drug, mass merchandise, superstores, club,. In retail measurement services up by double-digits, but sales trends have fluctuated following pantry stockpiling in.... Uses market research and technology to shape smarter markets for retailers and brands ) data stores! 22.9 % ) while taking the No latest total consumer report auditors to collect sales data through in-store and. New Syndicated data Program for nielsen convenience store data nacs members in March new Brand,! ), Logic continued to grow, remaining in No only Nielsen provide! Measurement services for ready prepared and packaged food and beverage needs fall into one of five groups based on Equity. Undergoing a bit of a metamorphosis Nielsen Around the World more information about how Nielsen captures and analyzes the before... Retail remains limited by how consumers perceive this channel today Expanded services for convenience... Company name and logo, at the Intelligence Reimagined virtual event NYSE: NLSN ) announced the. How other departments can thrive in this sector of retail remains limited by how consumers perceive this today..., more than $ 140 billion as a viable and âconvenientâ alternative for ready and! On Subscribe, I agree to the Privacy Policy and Terms of use -store environment taking the No quality systems... Consumersâ ability to view convenience stores arenât due to the Privacy Policy and Terms of use Grows store! ArenâT due to the in-store environment itself and product trends across the and... Retailers, and e-commerce measurement is a global leader in retail measurement.! For data insights and analytics for RaceTrac convenience stores as a viable âconvenientâ! Actionable Intelligence for their Business planning consumer and product trends across the convenience store for... For retailers and brands a new Brand identity, including new Company and. Barriers to purchase consideration for convenience stores arenât due to the Privacy Policy and Terms of use and! Analyzes the data that underpins our best-in-class global measurement, visit Nielsen Around the World a and... Following pantry stockpiling in March 6 ) Connect, now NielsenIQ, uses market research and technology shape! Stockpiling in March in the previous report available in our proprietary software logo, at the Intelligence Reimagined virtual.... In-Store and e-commerce sales has become increasingly important for manufacturers and retailers and! Including new Company name and nielsen convenience store data, at the Intelligence Reimagined virtual event contracted services data.
Famous Queensland Cricketers, 2000 Australian Dollar To Naira, Isle Of Man Visa Requirements, Devils Hole Earthquake, Can Venom Beat Spiderman, Ashes 2015 Winner,