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Convenience Stores & Truck Stops

Publisher First Research, Inc.
Published Jun 26, 2023
SKU # FRRS18022480

Description

Convenience Stores & Truck Stops


Brief Excerpt from Industry Overview Chapter:

Companies in this industry operate retail locations that primarily sell fuel, groceries, cigarettes, and alcoholic beverages. Major US companies include 7-Eleven (the North American subsidiary of Seven-Eleven Japan), Casey's, Circle K (a division of Canada-based Couche-Tard), and Wawa.

COMPETITIVE LANDSCAPE

Consumer and commercial driving trends drive demand. The profitability of individual stores depends on competitive pricing, effective merchandising, and the ability to secure high-traffic locations. Large companies have advantages in purchasing and finance. Small companies can compete effectively by acquiring superior locations or offering specialized merchandise or services. The industry is fragmented: the top 50 US companies account for about 40% of industry sales. Single-store operators predominate, accounting for more than 60% of all convenience stores, according to the National Association of Convenience Stores (NACS).

PRODUCTS, OPERATIONS & TECHNOLOGY

Gas stations with convenience stores account for about 80% of US sales; other sources of revenue include groceries. Fuel (generates nearly 70% of revenue) includes regular, mid-grade, and premium unleaded gasoline, as well as diesel fuel and non-alcoholic beverages and alcoholic beverages.

Table of Contents

Industry Overview
Quarterly Industry Update
Business Challenges
Business Trends
Industry Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Web Links and Acronyms

Pricing

Currency Rates
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