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

Apr 18, 2026 - E15 Summertime Waiver
  • The EPA’s emergency waiver allowing nationwide E15 gasoline sales this summer creates both opportunities and operational challenges for convenience stores that sell fuel, Energy Marketers of America reports. By easing volatility restrictions and aligning E10 and E15 standards, the policy helps expand the fuel supply and potentially lower wholesale gasoline costs, supporting sales during peak driving season. However, retailers must navigate operational complexity and short-term price volatility. C-stores need to confirm fuel specifications with suppliers, monitor terminal inventory and pricing, and ensure compliance with storage and regulatory requirements when offering E15, which contains 15% ethanol, a renewable alcohol derived from corn. The earlier rollout also requires faster preparation and coordination across the supply chain. While the waiver may boost availability and sales volumes, c-stores face increased compliance burdens and pricing uncertainty, requiring careful inventory management and supplier coordination to protect margins.
  • Motorists may have less to spend in-store amid steeply rising pump prices, Convenience Store News reports. Gas prices are rising sharply as spring break travel increases, with the national average price for a gallon of regular gasoline at $3.72 in mid-March. Demand has risen significantly as more drivers take to the road, while domestic fuel supplies have declined. Rising crude oil prices, recently exceeding $100 per barrel due to geopolitical tensions, are also pushing pump prices higher. For convenience stores, higher prices may pressure fuel margins and make price-sensitive consumers more cautious with spending. C-stores in higher-priced markets, such as California, Hawaii, and Washington, may see greater consumer sensitivity, while lower-priced regions could benefit from stronger travel demand. Still, as travel activity increases during spring and the warmer months, convenience retailers may have opportunities to boost in-store sales of snacks, beverages, and travel essentials alongside fuel purchases.
  • 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.
  • Producer prices for gasoline stations rose sharply in February, up 18.4% compared to a year ago, after rising 10.4% in the previous February-versus-February annual comparison, according to the latest US Bureau of Labor Statistics data. The average retail price for regular gasoline was $2.91 per gallon in February, down 6.7% from February 2025, according to the Bureau of Transportation Statistics. Employment by convenience stores grew 1.2% year over year in February, while the average industry wage rose 4.7% over the same period to $17.32 per hour, its highest level since January 2024, 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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