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🚨 Major Move in the C-Store Industry 🚨 Couche-Tard’s acquisition of GetGo’s 270 C-stores marks a significant consolidation in the convenience store sector, particularly in the mid-Atlantic and Midwest regions. This deal underscores the importance of strong food service and loyalty programs in today's competitive market. As more companies prioritize customer experience through innovative offerings, the implications for store operations, customer loyalty, and market share could be profound. Looking forward to seeing how this acquisition shapes the future landscape of convenience retail. Thoughts? #ConvenienceStores #RetailIndustry #Acquisition #CustomerExperience #LoyaltyPrograms #CStoreNews #MarketTrends #RetailInnovation

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Foxtrot and Dom’s Kitchen & Market collectively operated less than 40 stores in just a few markets. The former was just a decade old, while the latter’s first location hadn’t even celebrated three years in business. But when the news hit last week that both retailers, which merged last fall under newly formed parent company Outfoxed Hospitality, had ceased operations, the outpouring of shock, grief and frustration across the industry was enormous. It’s not clear what led to the demise of Foxtrot and Dom's — two retailers that that had seemed so promising. What is clear, however, is that Foxtrot and Dom’s were operating during a tough time for upscale, innovative retailers. Their downfall comes as both consumers and retailers are feeling more pressure than ever to cut costs, pare down and focus on the essentials. Indeed, we’ve entered a period where creative new retail ideas will struggle to flourish against the raw power of large players and the grinding need for efficiency — and it’ll likely only get tougher from here.

Sixty percent of all new European locker locations 2023 were established by SwipBox partners deploying Infinity lockers! This is the conclusion of a recent market study of the European parcel locker market covering SwipBox and direct competitors conducted by one of the top five impartial consultancy agencies in the world and aimed at SwipBox adressable European market. This number makes us quite proud and gives confidence that: ·      There is an enormous trend – maybe even stronger than we anticipated - in the shift from traditional lockers toward lean, battery-powered parcel lockers ·      People love the idea of a nearby locker, with end users across 15 partners globally now rating Infinity lockers 4.8 out of 5 when checking out ·      Our strategic SwipBox partners are the main drivers of nationwide parcel locker infrastructure in Europe What do you think? Will the ‘lean trend’ persist? Will we see other solutions? Will re-usable packaging be a apart of the locker eco-system going forward?  What will be the ideal parcel pickup point in the future? Any views from Last Mile Experts and our other skilled friends in the market Peter Bonefeld Rønde, Tony Jasinski, Mirek Gral and Marek Rozycki #SwipBox #Leanlockers #Marketleader #SwipBoxTeam

🚀 With the COVID-19 pandemic, online shopping skyrocketed – and so did deliveries to parcel lockers. However, with parcel volumes dropping and investments slowing due to geopolitical turmoil, SwipBox and other locker companies faced a different market post-COVID. It therefore makes us extra proud that of the locker locations established in 2023*, 60% of them were established by SwipBox partners installing the battery-powered Infinity locker 🤩 Without our innovative partners we wouldn't be where we are today 👏 *Based on a third-party report covering lockers installed on the European locker market by SwipBox and direct competitors #parcellockers #leanlockers #partnerships

As someone who hadn't experienced Foxtrot and Dom's Kitchen & Market firsthand, the sudden closure of these businesses prompts reflection on what customers truly seek from their grocery experiences. This article sheds light on the challenges that innovative retailers face amidst the dominance of larger competitors and the demand for efficiency. Despite their ambitious growth plans, both Foxtrot and Dom's ceased operations abruptly, leaving the industry reeling with shock and frustration. Foxtrot revolutionized convenience by offering a multifaceted experience encompassing a café, grocery, and delivery services, while Dom’s distinguished itself through culinary excellence with its foodservice stations. The demise of these retailers sparks speculation about the viability of their business models and the effectiveness of their financial management. In an era where cost-cutting and essential-focused strategies reign supreme, retailers struggle to sustain imaginative concepts in the face of industry giants. Foxtrot's labor-intensive model and Dom’s experiential focus encountered significant pressure to deliver consistent returns. The relentless competition driven by efficiency and evolving consumer spending habits poses challenges for startups, while established players like Aldi thrive with their lean operations. However, amidst these challenges, there remains opportunity for innovation, albeit in a more focused and selective manner. Retailers must strike a delicate balance between cost-cutting measures and providing unique experiences to stay competitive in today's landscape. Whole Foods serves as a prime example, maintaining customer excitement through innovative store designs, emphasis on local sourcing, and meticulous brand development. In conclusion, the abrupt closure of Foxtrot and Dom’s serves as a reminder of the imperative for retailers to pilot innovative concepts while nurturing strong connections with customers, even within an environment demanding utmost efficiency. #RetailInnovation #CustomerExperience #GroceryTrends

Would you buy a drive-thru only single tenant property? You’ve seen the coffee concepts like 7-Brew, Dutch Bros, and Scooter’s. Banks are testing drive-thru ATM only locations. Farm Stores is a drive-thru only grocery concept And of course there are endless QSR brands testing drive-thru only prototypes like McDonald’s, Taco Bell, and Jack in the Box. Why this new push? -Lower construction costs -Reduced overhead costs for the operator -Skyrocketing consumer demand for drive-thru convenience One concern has been the ability to re-tenant these small footprint locations should the tenant vacate. However, as the concepts that utilize this format expand it will become less of an issue. Share your thoughts below 👇 #iaconocre #karlyiacono #commercialrealestate #retailrealestate #retail #fastfood #qsr #drivethru #convenience #realestateinvesting CBRE Retail

Did you hear what happened in the grocery, restaurant, and hospitality industries this week? Check out the latest headlines from our #ShermsWeeklyInsider series! P.S. Follow us and our Founder & CEO Neal Sherman for the latest industry news. #grocery #cstore #restaurant #hospitality

It’s now 100 days since I joined QEP UK as their Group Managing Director. It’s been a fascinating time for me, listening and learning, as I sought to understand the business, get close to the people, remove complexity and provide clarity on the strategy. One area where we’re moving swiftly to unlock profitable growth for both QEP and our customers is extending our drop-shipping offer. Thanks to businesses like Virtualstock our major retail customers are now able to compete on range as well as price with the marketplaces and list wider ranges and innovation within days, rather than years. With not a single £ spent until a product is sold, it’s a brilliant way to deliver range authority and test’n’learn about new products, price points and product bundles. So B&Q, Screwfix, Toolstation, Wickes, Homebase, wilko, Robert Dyas, Argos, Topps Tiles and Builder Depot let’s make this happen. Here’s an example, our Kraus Acoustic Wall Panels at Homebase - https://lnkd.in/eC9yVB9u #retail #profitablegrowth #ecommerce #dropshipping

Boost Your Bowling Business with Brunswick's Upgraded Sync Service Kiosk 🎳 Tired of long lines and labor shortages impacting your guest experience? Brunswick's enhanced Sync Service Kiosk is here to revolutionize your center! 🚀 New Features: 1️⃣ Integrated Game Card Dispensing: Let guests quickly grab game cards and get right to the fun. 2️⃣ League Payment Options: Streamline league payments and reduce the burden on your staff. 3️⃣ Enhanced Upselling: Digital displays and intuitive prompts guide guests towards higher-value purchases. 📈 Benefits for Your Center: 1️⃣ Reduce Wait Times: Faster ordering gets guests to their lanes quicker. 2️⃣ Improved Accuracy: Digital ordering minimizes errors and ensures guest satisfaction. 3️⃣ Increased Revenue: Upselling capabilities boost your bottom line with every transaction. 4️⃣ Labor Savings: Alleviate staffing concerns and focus on delivering exceptional service. 🔥 Elevate the guest experience and streamline your operations. Contact Brunswick today to learn more about the Sync Service Kiosk! https://buff.ly/4bR1i9h #bowling #brunswickbowling #guestexperience #labormanagement #innovation