According to NACS, there are 144,541
Convenience Stores, 35,612 , 37,654 Drugs Stores, 27,247 Dollar Stores, and 1,207 Wholesale Clubs in the US.
Our annalists indicates flat growth in Convenience store chains. However, we believe the market is ideally situated for the introduction of strong new brands and products. These new brands are going to be strongly based on the internet culture and making a leap to the brick and mortar buyers.
According to Jacob Del Hagen an entrepreneur and the founder of Primer ® Energy + Breath Freshener “ We suspect there is a seat change going on where we are seeing the very talented internet entrepreneur move into retail product development. This is great news as they truly are at the pulse of the next generation of consumers.“
When asked what is the main trigger for this large entrepreneurial switch DelHagen Says “We are seeing a large number of colleges and in particular community colleges targeting entrepreneurs and entrepreneur type curriculum. A wonderful example of this trend is the college of STCC in Springfield MA and their Entrepreneur Institute. I suspect this change in schools is helping to lead to market innovation. “
In conclusion it’s not all gloom when the economy is down as this is when we see the best of American innovation come to light. So step up and step out,