This 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, segmentation by concentration, business size, franchise, and business structure, 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, operational initiatives, sales & marketing strategies, understanding industry dynamics, evaluating opportunities, forecasting, trend analysis, streamlining, gap analysis, and other analyses.
Below are a few of the hundreds of stats from the 55-page Convenience Stores 2025 Market Research Report:
INDUSTRY SIZE
- In 2024, total revenue was $39.9 billion
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SECTOR GROWTH
- Over the past 3 years, the sector has grown at an annual rate of 6.5%
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RETAILER GROWTH
- There are 24,868 companies in the industry
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ECOMMERCE SALES
- In 2024, ecommerce sales are forecasted to grow 13.3%
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SALES PER LOCATION
- In 2024, the average sales per location was $1.4 million
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INFLATION & PRICING
- 2025 forecasted inflation is 2.9%
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PROFITABILITY & FINANCIAL BENCHMARKS
- Unprofitable companies averaged -5.9% in net loss as a % of revenues
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Table of Contents
Methodology
The industry market research reports are based on annual business surveys submitted by companies in the industry covering extensive financial and operating topics such as revenue, costs, labor, profitability, capital, product lines, operations, locations, and wages.
The analysts utilize the historical data from the business surveys as a foundation for forecasts and apply the data to proprietary econometric models that adjust for macro, economic, cyclical, and industry trends and influences.
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