Convenience Stores Pushes Forward

This edition of Have You Say takes inspiration from an insight piece Retail Insight published on convenience stores’ new chapter.

Table of Contents

Introduction – Convenience Stores Statistics

The first modern convenience store chain was created in 1921 in Dallas, Texas, United States. Each store is a small retail business that stocks a variety of everyday items such as quick pick-up and-go meals, snacks, beverages, produce, tobacco products, publications like newspapers and magazines, toiletries, over-the-counter drugs, etc.

There are over 150,000 convenience stores alone in the United States. Most of them are independently owned and many of them are featured as part of a gas station setup. They contribute nearly $650 million US dollars of business to the economy in 2021.

Here are the top chains in the United States based on the number of stores:

2021 Rank	Brand	Number of Stores	2020 Rank
1	7-Eleven Inc.	13,000	1
2	Alimentation Couche-Tard Inc.	7,103	2
3	Casey’s General Stores Inc.	2,422	4
4	EG America LLC	1,750	5
5	Murphy USA Inc.	1,669	6
6	GPM Investments LLC	1,415	7
7	BP America Inc./Thorntons	1,243	8
8	ExtraMile Convenience Stores LLC	1,007	9
9	Wawa Inc.	956	10
10	QuikTrip Corp.	919	11

As discussed in the insight piece, tobacco, fuel, and food sale are on the decline due to changing consumer tastes. It means forward-thinking store owners have to rethink how to deploy their assets for other revenue streams before it is too late.

Have Your Say

In this edition of Have Your Say, we would like to know how you use the stores today and what would you like to see them transform into in the future.

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Feel free to sound off in the comments below on other items you purchase at a convenience store and what other items do you want to see for sale in the future.

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