Convenience Store News 2008 Industry Report
Total convenience store industry sales, including motor fuels, rose 8.6 percent last year to a record $568.8 billion, according to Convenience Store News 2008 Industry Report. Driven by the rising price of gasoline, motor fuel sales ballooned to $406.9 billion, a 10.6 percent increase over 2006. Total gross profits per store increased from $455,586 in 2006 to $472,811 last year, but the gross margin percent per store fell from 12.3 percent to 11.5 percent. For its 33nd IR, CSNews has partnered with leading companies, including Preston/Rogers Associates and The Nielsen Company, to provide the industry with the most comprehensive and actionable benchmarks and insights available. Through revealing retailer surveys and extensive statistical data, the report probes the total convenience industry picture, and examines the trends and sales results of the key merchandise and foodservice categories. The IR 2008 also features in-depth analysis of important areas of the c-store business such as motor fuels, operations and store development. For its 33nd Industry Report, CSNews has partnered with leading companies, including Preston/Rogers Associates and The Nielsen Company, to provide the industry with the most comprehensive and actionable benchmarks and insights available. |
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