Alimentation Couche-Tard’s bid for 7-Eleven parent Seven & i reflects a growing focus by convenience store chains on food sales, The Globe and Mail reports. Amid declining tobacco sales and rising food prices, convenience stores are looking to offer customers, especially younger ones, affordable meals and snacks to go.
“Every single company is focusing on it, because they recognize that that’s the future,” Anne Kothawala, president and CEO of the Convenience Industry Council of Canada, told the Globe.
