U.S. Convenience Store Sales Drop Over 4% as Consumers Cut Back on Snacks and Tobacco

Benzinga

U.S. convenience store sales dropped over 4% in the past year, according to The Wall Street Journal. Consumers are cutting back on snacks, drinks, and tobacco amid rising prices.

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00:00It's Benzinga bringing Wall Street to Main Street convenience store sales dropped over four percent

00:04in the past year, according to The Wall Street Journal. Consumers are cutting back on snacks,

00:08drinks and tobacco amid rising prices. Sales of refrigerated products and chocolate candy fell

00:14as fewer customers were willing to splurge, said sales representative David Garino.

00:18PepsiCo, J.M. Smucker and Reynolds American rolling out new products to entice buyers.

00:24Lottery ticket sales remain strong in convenience stores, according to Garino.

00:28For all things money, visit Benzinga.com slash GSTV.

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