Also from Steve Montgomery...
b2b Solutions, LLC
b2b Solutions Website
The source for convenience / petroleum consulting. (URL)
March 4, 2010
FROM RETAILWIRE:
For those perennially rushing from pillar to post, fast food restaurants have proved obliging. But examples of recent declines at Burger King, McDonald's, 7-Eleven and Wendy were cited as evidence of economic concerns. Do you agree the downturn has increased the at-home breakfast opportunity for grocery stores?
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The popularity of QSRs and c-stores for breakfast is based on the time constraints consumers have in the morning. Unlike at night when they can eat any time over a period of a couple hours, the commuter has to be to work at a specific time. The growth of already prepared (or at least almost already) "hand foods" made it very easy to grab and go. We became a nation of dashboard diners.
With the current economy, people are looking for ways to cut discretionary expenses and breakfast is an easy target whether you are still commuting or not.