Here's What's Happening Inside Convenience Stores As Gas And Diesel Spike

Here's What's Happening Inside Convenience Stores As Gas And Diesel Spike We continue to track convenience store trends as an indicator of working-class sentiment, building on our coverage of the spending pullback that emerged early in the US-Iran conflict. That weakness persisted into late summer as August's fuel-price spike put further pressure on household budgets. The Gulf conflict and a global refining squeeze pushed regular gasoline above $4.50 a gallon and diesel above $5.50 in August, leaving consumers with less room for discretionary purchases. Jefferies food analyst Scott Marks published a...