Snack sales decline threatens convenience store closures

Convenience stores are facing potential closures as snack sales decline. Popular items like Doritos and Twinkies have seen significant drops, with overall sales volume down 4.3% in the past year, according to market research. Factors contributing to this trend include rising gas prices and a shift in consumer behavior. Many shoppers are now opting to pay at the pump and are less inclined to purchase snacks, especially non-essential items. In response, companies like PepsiCo and JM Smucker are introducing new products to attract customers. These include mini meals and flavored snacks aimed at revitalizing interest in convenience store offerings.