For decades, sales of fuel and cigarettes have buoyed sales and generated repeat business at The Pantry (Nasdaq: PTRY). But with the advent of fuel-efficient vehicles and a decline in the number of smokers, the Cary-based convenience store chain is looking for new ways to drive customer traffic. To make up for declining sales in those categories, the company is focusing more strongly on food service. CEO Dennis Hatchell says food service or QSRs (quick service restaurants) currently accounts for…
Reported by bizjournals 6 hours ago.
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