The Australasian Association of Convenience Stores (AACS) has just released its annual State of the Industry Report.
AACS CEO Jeff Rogut caught up with the program to discuss the findings, which include:
- Food accounted for 44% of convenience stores sales in 2016, and 59% of value growth over the year.
- Fuel sales volumes grew by 5.9% in 2016, up from 1.8% in 2015 and 3.5% in 2014.
- An additional $353 million in sales were generated in the convenience channel in 2016.