NACS to Co-Present with VideoMining at State of Industry Summit
Leroy Kelsey, Director of Industry Analytics of NACS and Dr. Rajeev Sharma, Founder & CEO of VideoMining will be co-presenting in the General Session of the NACS State of Industry Summit at 8 am on April 5. They will share results from the annual NACS Consumer Tracking (CTP) Program and the VideoMining C-Store Shopper Insights (CSI) Program and discuss its impact on the Convenience Industry.
About NACS State of Industry Summit
The NACS State of the Industry Summit is the leading financial, operational and consumer view of the convenience store industry from a metrics and strategic review. The summit offers a first look at the numbers from a retailer’s perspective coupled with expert commentary on what all the numbers mean. All aspects of the economy, from the energy markets to the banking industry, as well as overall economic health will be evaluated from the perspective of the convenience store industry.
NACS was founded August 14, 1961, as the National Association of Convenience Stores. It is an international trade association representing more than 2,100 retail and 1,600 supplier company members. NACS member companies do business in nearly 50 countries worldwide, with the majority of members based in the United States. The U.S. convenience store industry, with more than 146,000 stores across the country, posted $575 billion in total sales in 2010, of which $385 billion were motor fuels sales.
NACS serves the convenience and petroleum retailing industry by providing industry knowledge, connections and advocacy to ensure the competitive viability of its members’ businesses. In 2007, the association shortened its name to NACS and added a tagline that better defines its presence both internationally and at the retail fueling level: The Association for Convenience and Petroleum Retailing. In 2010, this statement was further enhanced to The Association for Convenience and Fuels Retailing.