Jack in the Box to Increase C-Store/Restaurants
By George Anderson
The Los Angeles Times reports Jack in the Box is accelerating plans to open more restaurants adjacent to its Quick Stuff convenience stores and retail gasoline operations selling branded fuels such as Shell and Arco.
Jack in the Box has eight new combination stores scheduled to open in 2003 with up to another 150 more in the coming five years.
Lenny Comma, head of the Quick Stuff project, told The Times, “We’ve proven to ourselves that we can operate these facilities at a level that is telling us to build more and increase the pace of construction. We’re well ahead of our targets.”
Moderator’s Comment: Will the combination of a convenience
store, restaurant and gas station become the standard store format for the c-store
industry in the future?
Burger sales are down in fast feeders and cigarette sales
are falling in convenience stores. Higher gasoline prices may yet curtail consumer
purchases. The combination of a restaurant, convenience store and gas station
helps offset the vulnerabilities of each of the individual units.
Anderson – Moderator]