23/06/2026
World Data Lab at NACS Convenience Summit Europe 2026
Last week, our GM Private and CCO Thomas Bauer took the stage in Warsaw at the NACS Convenience Summit Europe alongside Konrad Waclawik from NielsenIQ to tackle one of the most consequential questions facing European retail: who will dominate convenience?
The answer is not one generation. It's two.
Drawing on World Data Lab's spending data across 180+ countries, Thomas and Konrad made the case that Gen Z and Gen X are the two most strategically important demographic segments in the world right now. Gen Z is the largest generation ever, 2 billion people, 25% of global population. Gen X is the richest, commanding €14 trillion in spending power and set to remain the dominant spending generation until 2033.
For European convenience retailers, the implications are direct. Gen X brings bigger basket sizes and brand loyalty. Gen Z brings visit frequency and experimentation. Winning the next decade means serving both, deliberately and simultaneously.
The bottom line: Gen X keeps convenience profitable. Gen Z keeps convenience relevant.
Want to explore the Gen Z vs Gen X data for your market? https://eu1.hubs.ly/H0wmHWF0