Gordon Wade, chief executive officer of the Category Management Association (CMA), Wimberley, Texas, mentioned during an interview for this month’s Channel Strategies article an interesting observation about the industry’s explosive growth.
“If somebody like Rip Van Winkle had fallen asleep for 20 years and walked into his current convenience store, he barely would recognize it in terms of the number of new products that have been introduced in the last 20 years,” Wade says.