Effective category management can help retailers drive sales, reduce out-of-stocks and deliver new and exciting products to the 165 million shoppers who frequent a convenience store each day.
NACS released the new NACS Category Definitions & Numbering Guide–Version 8.0 that reflects current market conditions. The new category definitions take effect in 2022 and mark the first major update since 2010.
Category definitions provide a common language for retailers, suppliers and manufacturers to establish a framework for discussions about benchmarking and market performance at the store level. Version 8.0, developed by the NACS Research & Technology Committee, significantly updates the last broad iteration.
Training and Development
In a time when many retail channels are targeting the convenience-oriented shopper, it is more critical than ever for the convenience operators to have the right product mix to meet the consumer needs.
Whether a national, regional or local chain, experienced convenience store professionals will better understand the profit opportunities that come with effective category management.
Join industry peers at the NACS Show for a full day Advanced Category Management Certification Course on October 5th. Open to the first 50 registrants.
Talent acquisition and retention are two of the most critical elements of success. Strengthen your recruiting process and team quality using the latest benchmarking data.
Increase revenue and spur growth by fully understanding the needs of your customers. The NACS Convenience Voices program is a syndicated approach to onsite mobile shopper intercepts designed to unlock customer feedback at the “moment of truth.”
CSX allows participants compare financial performance and operating trends against various industry averages with NACS powerful business intelligence and benchmarking tools.
NACS and The Nielsen Company have joined forces to provide syndicated data to help NACS consumer product goods and convenience retailers gain a better understanding of the competitive marketplace.