Lula Convenience Collaborates with Core-Mark for E-commerce Expansion in Convenience Retail
PHILADELPHIA, September 29, 2023 (VSNewsNetwork.com) - Lula Convenience, recognized for its ventures in the convenience retail e-commerce domain, has formalized a partnership with Core-Mark, a subsidiary of Performance Food Group (PFG). This collaboration aims to leverage Lula's e-commerce platform to integrate with Core-Mark's extensive distribution network, which encompasses approximately 50,000 locations in the U.S. and Canada.
Based in Philadelphia, Lula Convenience's platform consolidates multiple rapid delivery services, providing an all-in-one solution for retail stores. As per the provided information, this centralized approach aims to enhance both revenues and operational efficiency for participating outlets. "Our platform offers a solution that could potentially help locations see about a 30% increase in top-line revenue," said a representative from Lula Convenience.
Furthermore, in response to the rising demand for in-store food services, Lula plans to incorporate selected PFG food brands into its e-commerce offerings. The intention behind this move is to elevate these brands' visibility, potentially driving an uptick in sales. Industry data indicates a consistent 10% annual growth in food-service sales in the past decade and highlights a 56% customer preference for food and beverage options in convenience stores.
Adit Gupta, Co-founder & CEO of Lula Convenience, commented on the partnership's potential impact, stating, "Together, we're not just shaping the future of convenience; we're building a world where accessibility meets delight.” Echoing the sentiment, Curt ORourke, Vice President Of Merchandising at Core-Mark, emphasized the importance of integrating "order ahead and delivery" services, identifying Lula as a critical partner in achieving this objective.
Further details can be accessed at www.luladelivery.com.
If you are interested in connecting your Lula platform, please contact your Core-Mark account manager, or complete this submission form to get started.
Source: Lula Convenience & PFG Team via Newswire