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Pump-Pain Squeezes Convenience Store Spending: Citi Says "More Subdued" Mood Among Beverage Companies

Pump-Pain Squeezes Convenience Store Spending: Citi Says "More Subdued" Mood Among Beverage Companies Our reporting this year has shown how skyrocketing gasoline and diesel prices at the pump are reshaping consumer spending habits at convenience stores and gas stations.  As fuel costs take up a larger share of household budgets, consumers trade down, cut back on discretionary purchases like energy drinks and snacks, or skip them altogether. Some also buy less fuel, putting pressure on both pump volumes and in-store sales. Citi beverages analyst Filippo Falorni published a new report on Friday,...
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Sep 6, 2026 / Tyler Durden
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Oct 14, 2026 / Tyler Durden
Trump Announces "Massive" Greenland Oil Exploration Plans
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Jul 27, 2026 / Tyler Durden
Trump Accounts Are Now Open: What Parents And Grandparents Need To Know Before Contributing
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