Convenience stores and gas stations had some inflation relief thanks to the tax holiday, but the war in the Middle East could cause another price surge.

Empire Co. Ltd. reported a loss of $385 million, stating the operational changes are expected to deliver about $95 million in annual operating income.

Sales in the food, beverage and tobacco subsector rose 1.6% to $15.9 billion.

A key passageway essential for global energy supply.

From GLP-1-driven snacking trends to social impact initiatives, EV charging and foodservice innovation, Day 2 sessions explored the forces reshaping convenience and fuel retail.

Artificial intelligence, store safety, alcohol and low-alcohol beverages, future fuels and consumer trends were among the key themes on Day 1 at the conference.

Rising oil prices can lead to higher freight rates, increased fuel costs and higher food prices.

Young people especially seem to have heard recent warnings about the health impacts of alcohol. Cost may be another factor.

Global inspiration is shaping the company’s fresh-food strategy and helping it compete in the QSR and grab-and-go space.