Convenience Stores - 2020 U.S. Market Research Report with COVID-19 Forecasts
The Convenience Stores 2020 U.S. Market Research Report is one of the most comprehensive and in-depth assessments of the retail sector in the United States with over 100 data sets covering 2011-2024. This report has updated 2020 and 5-year forecasts due to the imact of COVID-19.
This Kentley Insights report includes historical and forecasted market size, ecommerce, product lines, inventory turns, gross margin, profitability, financial ratios, BCG matrix, statistics by state, operating expense details, organizational composition, consolidation analysis, employee productivity, price inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on companies, facilities, employees, payroll, and much more.
Convenience Stores include locations, known as convenience stores, primarily engaged in selling limited line of convenience items that generally include milk, bread, soft drinks, snacks, tobacco products, newspapers and magazines. These retailers may retail a limited line of canned goods, dairy products, household paper and cleaning products, as well as alcoholic beverages, and provide related services, such as lottery ticket sales and video rental.
This report is based on extensive business surveys and econometrics. Professionals utilize this report for market sizing, benchmarking, strategic planning, due diligence, valuations, cost-cutting, planning, understanding industry dynamics, evaluating opportunities, forecasting, streamlining, gap analysis, and other analyses.
Review the table of contents to see the data-rich insights, which leaders have come to depend on for their research, strategic, and benchmarking needs.
Below are a few of the hundreds of stats from the Convenience Stores 2020 Market Research Report:
In 2019, total revenue was 29.3 billion
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Over the past 3 years, the sector has grown at an annual rate of 4.4%
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There are 25,220 companies in the industry
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Last year, ecommerce sales grew 34.4%
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SALES PER LOCATION
In 2019, the average sales per location was $1.0 million
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INFLATION & PRICING
2020 forecasted inflation is 1.1%
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PROFITABILITY & FINANCIAL BENCHMARKS
Unprofitable companies averaged -2.5% in net loss as a % of revenues
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Purchase the Convenience Stores 2020 Market Research Report to unlock over 100 insightful data sets on the industry from Kentley Insights, the leader in data-rich market research reports.
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