US EditionConvenience Stores Are Eating Fast-Food Chains’ Breakfast
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Convenience stores are eating fast-food chains’ breakfast
Fast-food restaurants are losing breakfast customers to convenience stores. Morning meal traffic to fast-food chains rose 1% in the three months ended in July, while visits to food-forward convenience stores climbed 9% in the same period, according to market research firm Circana. “Over the long run, convenience stores have taken share, really at foodservice overall, but the morning meal has been their strong suit,” David Portalatin, Circana sen…
The largest food chains in the country have been expanding by about forty stores a year in recent years. There are almost two thousand of them in total. They are increasingly appearing in smaller towns and villages. According to research agencies, many people prioritize convenience and time savings when shopping. They are not as willing to travel far from home to find a special offer as they used to be. On the contrary, there is a growing intere…
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