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FoodInsight: Pivot You Must

Datassential shares three key c-store takeaways from its ongoing coronavirus research.

National Gas Price Average Nears $2 a Gallon

Pump prices are rising but remain notably lower than one year ago.

Dollar sales increases were experienced across packaged beverages, candy and salty snacks.

Federal stimulus checks, restriction lifts and fatigue with stay-at-home orders likely contributed to the surge.

Forty states have averages of $2 or less a gallon even though the national average is 6 cents more on the week.

Still, AAA anticipates this year’s holiday will likely set a record low for travel volume.

Staying in stock and keeping employees safe are top concerns.

Aside from innovation, other winning factors include acquisitions, surgical pricing and e-commerce.

Shopping basket

On April 15, dollars were up 3.9 percent and spend was up 31.3 percent.

Consumers are shifting from a stockpiling/disaster preparedness mindset as another week in quarantine passes. 

Gas prices

Fuel demand and state averages likely to increase where business operations start to resume.

Coronavirus and shopping habits

Roughly half of respondents expect spending to return when the virus spread begins to decrease.

AAA forecasts that the national average will continue to decrease into next month, possibly dropping as low as $1.65.

New research from Coca-Cola examines what it takes to drive consumer trial, frequency and advocacy.

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