retail news in context, analysis with attitude

• The National Association of Convenience Stores (NACS) said yesterday that
"convenience retailers overwhelmingly say their sales increased in 2019," and that "three in four retailers (74%) said that in-store sales increased in 2019, compared to only 7% who said that sales slumped. And 62% say that their fuel gallons sold increased, compared to 25% who said that their fuel sales decreased.

"A strong contributor to in-store sales growth was better-for-you items that include fruit, vegetables, nuts, health bars and yogurt. Two in three (67%) retailers surveyed said that their better-for-you products enjoyed increased sales in 2019 … Strong industry sales in 2019 also pushed retailer optimism to record-high levels: 89% of retailers said they are optimistic about their economic prospects for the first quarter of 2020, which is 4 points higher than the same time last year."
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