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1、Circana,Inc.and Circana Group,L.P.|For public use1U.S.C-StoreLandscape Q3 2024November 2024Retail Thought Leadership Circana InspireCircana,Inc.and Circana Group,L.P.|For public use2 2 The convenience channel has the potential to capture a greater share of sales for the growing U.S.Hispanic demograp
2、hic.Convenience retailers have an opportunity to enhance assortment in treats and specialty beverage categories to contend with growth occurring in the competitive QSR space.Executive SummaryThe convenience channel saw a year-over-year dollar sales decline in CPG products for the second consecutive
3、quarter in Q3 2024.Multi-outlet+(MULO+)outperformed convenience in many of the top convenience categories.The dollar sales decline for the convenience channel was driven by year-over-year decreases in unit sales and trips per buyer.The average monthly fuel volume per buyer also declined year over ye
4、ar.Total foodservice traffic for the convenience channel also decreased year over year as c-stores were outperformed by quick service restaurants(QSRs).In Q3 2024,convenience channel dollar sales declined 2.4%YOY while MULO increased 2.4%,resulting in a YOY decrease of c-store dollar share of MULO+C
5、,from 16.4%to 15.7%.MULO also outperformed c-stores in unit sales for the quarter(-5.4%in c-store vs.+0.8%for MULO).Convenience saw negative YOY dollar sales for many top categories,including cigarettes,beer,and non-alcoholic packaged beverages.Within NA packaged beverages,carbonated soft drinks hav
6、e decreased their dollar share of the category while energy drinks have increased share in the category for the convenience channel.Price per unit increased 3.2%YOY in c-stores,and 1.6%in MULO for Q3 2024.C-store shoppers continued to trade down to lower-priced items to partially offset increased pr