For convenience retailers, selling the right products is crucial for boosting revenue and maintaining profitability. These are the best-selling products in convenience stores.
From stuffed teddy bears to dozens of red roses, more than half of U.S. consumers plan to celebrate Valentine’s Day. But how can c-stores take advantage?
Many economists predict that the United States will experience a recession in 2023. But what does a recession mean for convenience stores? Here are three ways you can help…
As the owner-operators of over 20 convenience stores across Pennsylvania, Petrosoft has the unique understanding of what it takes to run a c-store and how it’s different…
Every retailer operator looks for ways to increase their margins. Bridge buying, aka bridge orders, is one way they can accomplish this by buying stock when their suppliers offer deals.
Whether you are new to physical inventory counts or looking for ways to complete your counts with less hassle, this checklist will ensure you have all your bases covered. Every
A perpetual inventory is the most up-to-date, therefore accurate, account or view of your inventory. For c-stores it includes the following:
Each year, many organizations publish loss prevention statistics. We’ve highlighted data from the NRF and NACS on inventory shrink and spoilage for 2020.
Having to write off inventory can be and frustrating, especially if you can’t figure the root cause. Internal theft can go unnoticed for months between your inventory counts.
Inventory management is the process of organizing and managing your inventory from the day you purchase it to when it sells. This guide will discuss leading inventory management techniques, formulas, and tips
