Convenience Stores NAICS 445131, 457110

        Convenience Stores

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Purchase Report

Industry Summary

The 65,068 convenience store companies in the US sell a limited selection of merchandise in high-traffic locations. The majority of convenience stores in the US sell gasoline. Most convenience stores are independent operators – 60% of c-stores have a single location.

Rising Credit Card Fees 

The cost of credit/debit fees continues to grow and can exceed the pre-tax profits for a c-store.

Reliance on Fuel Sales

Managing fuel sales is a critical yet risky part of c-store operations.


Recent Developments

Jan 18, 2026 - AI Tools for C-Stores
  • AI is set to become a defining force for convenience stores in 2026, transforming how small operators manage labor, pricing, inventory, and customer engagement, according to Paytronix’s 2026 Trends Predictions Report. The report notes that rapid advances in lightweight hardware and accessible AI tools mean even independent c‑stores can now deploy automation once limited to large chains. Stores are adopting predictive ordering, AI‑driven staffing models, personalized recommendation engines, and dynamic pricing tied to demand and loyalty data. These systems help offset rising labor costs and shrinking margins by improving accuracy, reducing waste, and boosting basket size. Real‑time AI analytics also flag operational gaps before they become costly. As AI personalizes offers and enhances digital convenience, c‑stores are shifting from low‑price destinations to experience‑driven value centers, where loyalty, wellness‑focused personalization, and brand perception matter more than discounts.
  • The end of penny production has created significant challenges for convenience stores, which rely heavily on cash transactions and fast checkout times, Convenience Stores News reports. The Federal Reserve’s decision to resume accepting penny deposits may ease some short‑term shortages, but with no new pennies being minted, c‑stores must continue adapting. Inconsistent federal guidance has forced retailers to create their own rounding policies, such as rounding cash totals to the nearest five cents or giving customers a nickel when one cent is owed. These workarounds require register updates, staff training, and customer communication, which add operational friction. Industry groups warn that the lack of a national standard is costing retailers millions and complicating multi‑state operations. C-stores, which see higher cash usage than many other retail channels, are particularly exposed, notes CSN. Without federal legislation establishing uniform rounding rules, c‑stores will continue facing uncertainty, added costs, and customer confusion at checkout.
  • Ready‑to‑drink (RTD) cocktails are emerging as one of the strongest growth drivers in convenience store alcoholic beverage sales, Convenience Store News reported in December. While overall off‑premise beer, wine, and spirits sales are struggling, RTDs continue to gain market share and attract younger shoppers seeking convenience, flavor variety, and bar‑quality drinks on the go. C-store chains like California’s Loop Neighborhood Market report RTDs as one of their fastest‑growing beverage categories, boosting both traffic and basket size. High‑visibility merchandising, including cold‑vault placement, endcaps, digital screens, app promotions, and bundle deals, further help to drive sales. Suppliers say RTDs are now the primary growth engine for the beverage‑alcohol industry, making them essential for maintaining a profitable product mix. Retailers who expand shelf space, rotate seasonal flavors, and leverage vendor marketing support are likely to see the strongest gains.
  • Producer prices for gasoline stations reached a year-to-date high in September but were flat compared to a year ago after jumping 21% year over year in the previous September-versus-September annual comparison, according to the latest US Bureau of Labor Statistics data. The average retail price for regular gasoline was $3.17 per gallon in September, down 1.5% from September 2024, according to the Bureau of Transportation Statistics. Employment by convenience stores was flat YoY in August, while the average industry wage fell 2.6% over the same period to $16.41 per hour, BLS data show.

Industry Revenue

Convenience Stores


Industry Structure

Industry size & Structure

An average convenience store sells gas, operates out of 1-2 locations, employs 6 full-time workers, and generates almost $6.5 million annually.

    • The convenience store industry consists of about 65,00 companies with over 137,000 stores, which generate about $860 billion annually and employ 165,700 workers, according to the Census Bureau.
    • The average convenience store had 45,312 transactions (at the pump and in-store) per month in 2023, or 1,491 per day.
    • Single-store operators account for roughly 60% of all c-stores, and 88% employ fewer than 10 workers.
    • The average c-store chain has about 50 individual stores.
    • Foodservice sales accounted for 27.7% of in-store sales and 38.6% of in-store gross margin dollars at convenience stores in 2024, per the National Association of Convenience Stores.
    • Large companies include 7-Eleven, Couche-Tard, Casey's General Stores, and EG America (Cumberland Farms, Kwik Stop, Turkey Hill).

                            Industry Forecast

                            Industry Forecast
                            Convenience Stores Industry Growth
                            Source: Vertical IQ and Inforum

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