Arie Kotler, president and CEO of Arko Corp., a convenience store operator, said, “Compared to the same time last year, people are coming more frequently to the pump but instead of fully filling up the tank, they’re filling half or quarter tank at a time.” Customers are also making fewer trips to the company’s stores to buy beverages and food. “When they do come into the store, they’re consolidating their purchases,” he said. “Instead of buying just one or two items, they’re making a bigger basket of purchases, maybe for the entire week.”
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