Posted on 04/19/2009 4:32:31 PM PDT by JoeProBono
7-Eleven Inc. CEO Joe DePinto says that customers are buying fewer six- and 12-packs of beer, choosing instead the better value 18-packs. Stores are making room in cold cases for the bigger packs. The Dallas-based convenience store chain has a bird's-eye view on how everyman (or woman) is adjusting. Some more economic indicators from 7-Eleven: • Customers are moving to $10 prepaid phone cards from $20 ones. • In the beverage aisles, people are buying cheaper beer during the week. Premium picks up on the weekends. And they're using refill mugs more to save on that daily cup of coffee. • Cigarettes are elastic after all. Since the 62-cent federal excise tax went into effect April 1, many pack-a-day customers have become pack-every-three-day customers. • More people are using their backyard grills. Propane demand is up at 7-Eleven. It plans to expand the number of stores that sell tanks and refills this summer. • Finally, customers are trading expensive energy drinks and waters for Mountain Dew. The soft drink apparently provides the biggest buzz for a buck. It's moved up a couple of notches to the No. 3 soft drink at 7-Eleven.
(Excerpt) Read more at dallasnews.com ...
Is 7-Eleven doing the DHS's dirty work???
Just kidding.
raise the taxes on those ciggys, and the demand falls. who’d a thunk that? certainly not the dimbulb congress critters.
So they’ll prolly raise the tax again to try to make up the shortfall.
Natty Light at my house.
“7-Eleven Inc. CEO Joe DePinto says that customers are buying fewer six- and 12-packs of beer, choosing instead the better value 18-packs. Stores are making room in cold cases for the bigger packs...Since the 62-cent federal excise tax went into effect April 1, many pack-a-day customers have become pack-every-three-day customers”
Back in college, I had an apartment across the street from a liquor store that would sell you beer by the individual can and also a single cigarette. As you can imagine, the place was quite popular with the local bum and wino population.
Ummm..., they would all save a lot more money if they *cut out* the beer and cigarettes in the first place... LOL...
But, then, 7-Eleven wouldn’t like it...
Hank Hill is smiling.
Don’t they sell cases of 24?
it would be cool if the tobacco tax hike causes them to collect fewer revenues.
could just shop at Wal-Mart
LOL!!
a single cigarette? LOL
“it would be cool if the tobacco tax hike causes them to collect fewer revenues.”
That happens almost all the time. Then guess what the pols do? That’s right raise more taxes, again and again.
I remember when practically every gas station around had beer by the can and single cigarettes for sale at the cash register. The cigarettes were a nickel a piece iirc, and you got one complimentary wooden match along with it.
When I was in the Marines, we somehow came across the keys to an old soda vending machine at our barracks and we filled it up with cans of beer (for 50 cents a can). That was one busy vending machine. The profits were used to throw keg parties on the beach.
Mountain Dew is the nectar of the gods.
But, Jolt Ultra Sugar Free Battery Bottle (16oz) is the sweetest ambrosia of them all!
You never heard of loosies?
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