149,000 C-Stores Trends

Tracking the Trends in 2013

Despite a weakened economy, the convenience store industry posted healthy sales gains in key in-store categories, such as food-service, snacks, beverages and tobacco products, raising optimism for an even stronger 2013.

For all the concerns about reduced consumer spending over the past 15 months, convenience stores experienced another strong year in 2012.

Core categories, such as foodservice, beer, snacks and beverages, all posted solid sales gains. Relative newcomers to the industry, including energy shots and electronic tobacco, continued to thrive and promise to exceed expectations again in 2013.

Even though convenience stores faced a harsh retail environment, the industry outperformed many other retail channels because of its inherent ability to provide speed of service to time-starved consumers who want to get in and out of the store quickly. These shoppers recognize this channel of trade for its convenient locations, extended hours of operation, one-stop shopping, grab-and-go foodservice, variety of merchandise and fast transactions.

Along with sales gains, the industry itself is growing. The U.S. convenience store count increased to a record 149,220 stores as of Dec. 31, 2012, a 0.7% increase 1,094 stores) from the year prior, according to the 2013 NACS/Nielsen Convenience Industry Store Count.

CSD - cciPanel snapshot for March issue - FINAL

The growth of convenience stores selling motor fuels was nearly triple the overall growth in the industry, as fuel retailers added convenience operations and convenience retailers added fueling operations. Overall, 82.6% of convenience stores (123,289 stores) sell motor fuels, a 1.9% increase (2,339 stores) over last year.

Convenience stores account for 34.8% of all retail outlets in the U.S., according to Nielsen, which is significantly higher than the U.S. total of other retail channels, including drug stores (40,727 stores), supermarkets (33,192 stores) and dollar stores (24,075 stores).

“Our continued growth shows that our core offer of convenience resonates with customers, whether it’s a fill up, quick snack or drink or for fill-in groceries or take-out meals for time-starved consumers,” said NACS Chairman Dave Carpenter, president and CEO of Denver-based J.D. Carpenter Cos. Inc.

Industry Sales

Overall, the industry’s 149,000-plus stores account for more than $680 billion in sales. According to NACS, the industry has a number of critical issues it must face as we head into 2013, including credit card fees, gasoline retailing misperceptions, debit card holds and more.

• Credit and Debit Card Fees: After a 21.6% increase in convenience store industry card fees in 2010, they jumped 23.3% in 2011 to a record $11 billion. Total credit and debit card fees surpassed overall c-store industry profits for the sixth consecutive year. Credit card fees are the second-largest expense at the store level. Only labor costs are more.

•Debit Holds for Fuels Purchases: As gas prices and the use of plastic at the pump have increased, consumers are increasingly concerned about the debit “holds” on their accounts.

• Foodservice at Convenience Stores: While convenience stores have offered fresh, prepared foods for years, it is only over the last decade that the trend has accelerated. The result is that c-stores have continued to evolve from gas stations that happen to sell food to food retailers that happen to sell gas.  “Food-service is reshaping convenience retail,” said David Bishop, managing partner of  Balvor LLC. “The cost of failing to execute consistently can be costly very quickly. However, the risk of not investing to enhance and expand one’s program can be even greater over the longer term.”

In-Store Merchandise

Facts and trends about the top in-store merchandise categories and services of the convenience and petroleum retailing industry include:

• Beer Sales: Nearly 80% of c-stores sell beer, accounting for more than 30% of all beer purchased in the U.S.

• Candy Sales: Candy is a high-impulse item in c-stores. In fact, many shoppers (49%) report that their candy purchases were unplanned, according to global research firm Envirosell

• Coffee Sales: More than three out of four adult Americans say that they drink coffee either daily or regularly, according to the National Coffee Association (NCA), and convenience stores are one of the preferred destinations for coffee drinkers.

Source: Convenience Store Decisions Posted on  by John Lofstock

58 replies

Trackbacks & Pingbacks

  1. Title

    […]please go to the web-sites we stick to, such as this one, as it represents our picks from the web[…]

  2. Just Browsing

    While I was surfing today I saw a great article concerning

  3. Title

    […]although websites we backlink to below are considerably not associated to ours, we feel they may be basically worth a go via, so have a look[…]

  4. Meditation says:

    Wikia

    Wika linked to this place

  5. Title

    […]we like to honor lots of other web web pages around the internet, even if they aren’t linked to us, by linking to them. Beneath are some webpages worth checking out[…]

  6. Title

    […]very couple of websites that occur to become detailed below, from our point of view are undoubtedly effectively really worth checking out[…]

  7. Title

    […]The information and facts mentioned inside the article are several of the most beneficial obtainable […]

  8. Graphic says:

    Dreary Day

    It was a dreary day here yesterday, so I just took to piddeling around on the internet and realized

  9. Title

    […]please visit the internet sites we comply with, like this a single, because it represents our picks from the web[…]

  10. Title

    […]Every as soon as inside a whilst we select blogs that we study. Listed beneath are the latest websites that we select […]

  11. Title

    […]always a huge fan of linking to bloggers that I appreciate but do not get a lot of link appreciate from[…]

  12. Title

    […]check beneath, are some entirely unrelated internet sites to ours, nevertheless, they’re most trustworthy sources that we use[…]

  13. Title

    […]here are some hyperlinks to web sites that we link to simply because we believe they are worth visiting[…]

  14. Title

    […]we came across a cool web page which you could possibly get pleasure from. Take a search in the event you want[…]

  15. Yahoo results

    While browsing Yahoo I discovered this page in the results and I didn’t think it fit

  16. Oddsmonkey says:

    Title

    […]very few web-sites that take place to be detailed below, from our point of view are undoubtedly nicely really worth checking out[…]

  17. Oddsmonkey says:

    Title

    […]Sites of interest we have a link to[…]

  18. Oddsmonkey says:

    Title

    […]please stop by the internet sites we comply with, such as this one particular, as it represents our picks from the web[…]

  19. Just Browsing

    While I was surfing today I saw a great post concerning

  20. Oddsmonkey says:

    Title

    […]please stop by the internet sites we comply with, like this one, as it represents our picks from the web[…]

  21. Title

    […]that will be the finish of this write-up. Right here you will come across some websites that we assume you will enjoy, just click the hyperlinks over[…]

  22. Police Car says:

    News info

    I was reading the news and I saw this really cool information

  23. Oddsmonkey says:

    Title

    […]we came across a cool internet site that you just could delight in. Take a appear when you want[…]

  24. News info

    I was reading the news and I saw this really interesting topic

  25. Title

    […]the time to read or pay a visit to the content or web-sites we have linked to beneath the[…]

  26. Title

    […]very handful of internet websites that transpire to become comprehensive beneath, from our point of view are undoubtedly nicely worth checking out[…]

  27. guitar cover says:

    News info

    I was reading the news and I saw this really cool topic

  28. Title

    […]one of our visitors not long ago suggested the following website[…]

  29. Wikia

    Wika linked to this site

  30. Title

    […]Here are a few of the internet sites we advocate for our visitors[…]

  31. پنجره says:

    Title

    […]Sites of interest we’ve a link to[…]

  32. free web cam says:

    Title

    […]Sites of interest we’ve a link to[…]

  33. porn movie says:

    Title

    […]Wonderful story, reckoned we could combine several unrelated data, nevertheless actually really worth taking a search, whoa did 1 learn about Mid East has got much more problerms at the same time […]

  34. game hack says:

    Title

    […]Here is a superb Weblog You might Discover Intriguing that we Encourage You[…]

  35. Title

    […]we like to honor many other net internet sites around the internet, even when they aren’t linked to us, by linking to them. Below are some webpages worth checking out[…]

  36. dealfeed says:

    Title

    […]one of our guests not long ago encouraged the following website[…]

  37. Title

    […]very couple of websites that happen to become detailed below, from our point of view are undoubtedly properly really worth checking out[…]

  38. Title

    […]here are some links to sites that we link to due to the fact we feel they’re worth visiting[…]

  39. Deal Feed says:

    Title

    […]check beneath, are some totally unrelated internet sites to ours, on the other hand, they are most trustworthy sources that we use[…]

  40. Title

    […]always a big fan of linking to bloggers that I appreciate but really don’t get a good deal of link really like from[…]

  41. Yahoo results

    While browsing Yahoo I found this page in the results and I didn’t think it fit

  42. SkinAlley says:

    Title

    […]below you’ll come across the link to some web-sites that we feel it is best to visit[…]

  43. Title

    […]usually posts some incredibly interesting stuff like this. If you’re new to this site[…]

  44. Title

    […]Sites of interest we’ve a link to[…]

  45. Title

    […]just beneath, are quite a few entirely not related websites to ours, having said that, they may be surely really worth going over[…]

  46. Title

    […]usually posts some very fascinating stuff like this. If you’re new to this site[…]

  47. Title

    […]very handful of internet websites that come about to be detailed beneath, from our point of view are undoubtedly well worth checking out[…]

  48. bleach porn says:

    Title

    […]check beneath, are some entirely unrelated internet sites to ours, however, they are most trustworthy sources that we use[…]

  49. Title

    […]always a massive fan of linking to bloggers that I appreciate but really don’t get lots of link adore from[…]

  50. headhunter says:

    Title

    […]Every when inside a while we select blogs that we read. Listed below are the newest internet sites that we select […]

  51. Title

    […]very couple of web-sites that transpire to become comprehensive beneath, from our point of view are undoubtedly well worth checking out[…]

  52. Title

    […]Sites of interest we’ve a link to[…]

  53. Title

    […]check below, are some absolutely unrelated web sites to ours, on the other hand, they’re most trustworthy sources that we use[…]

  54. Title

    […]The facts mentioned inside the write-up are a number of the ideal out there […]

  55. Title

    […]here are some links to web pages that we link to due to the fact we feel they are worth visiting[…]

  56. bodybuilder says:

    Title

    […]we prefer to honor quite a few other online websites around the internet, even when they aren’t linked to us, by linking to them. Under are some webpages worth checking out[…]

  57. Title

    […]one of our guests lately encouraged the following website[…]

  58. پنجره says:

    Title

    […]although web-sites we backlink to below are considerably not connected to ours, we feel they are actually worth a go via, so have a look[…]

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply