Convenience stores offer speed of service for 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.?
Here's more interesting facts about this amazing channel (tentacle):
- About 80% of convenience stores (118,678 total) sell motor fuels.
- Convenience stores have an unmatched speed of transaction: The average time it takes a customer to walk in, purchase an item and depart is between 3 to 4 minutes.?
- The convenience store industry is a destination for food and refreshments. Foodservice sales are increasingly becoming the most profitable in-store category.
- Convenience stores are everywhere. There are?150,174 convenience stores?in the United States-or one store for about every 2,225 people.
- C-store sales in the USA hit a new high in 2022 reaching $302.8 billion and make up one third of all retail businesses.
- An average convenience store selling fuel has around 1,100 customers per day, or more than 400,000 per year. The U.S. convenience store industry conducts about 160 million transactions per day.
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Mike Levinson, RD
Food imports, sales and mentorship! 50 years of excellence & experience! Supermarket, foodservice, ingredient! Old school values contemporary products!
1 年I believe that as drive through fast food (QSR) grew and became less quick, convenience became an option. Convenience stores realize that Gas was a great connection to consumers. Additionally, that ubiquitous, great location, branded store, attracted consumers, who wanted to get a quick “snack“! As we have become a snacking nation, convenience stores have become the poster child for where to get those snacks! Convenience stores are truly the biggest threat to quick serve restaurants! If conventional supermarkets ever learned how to do HMR, they could also be a strong threat as well.
Founder, Elite Commerce Group | E-Com & Retail Media - Amazon, Walmart, Instacart, Criteo | Banned from Chuck E. Cheese | USMC Combat Vet
1 年I recently read just how many doors 7-Eleven has. Wow. There is real power in C store placements.