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Article: The Convience Store Industry in the US Generates Sales of $200 Billion.
- Article from:
- Business Wire
- Article date:
- April 7, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c35442) has announced the addition of Convenience Stores and Gas Stations - Industry Profile to their offering.
The convenience store (c-store) industry includes about 60,000 companies with combined annual sales of $200 billion. Major companies include 7-Eleven, Pantry, and the retail divisions of large oil companies like Exxon Mobil and BP Amoco. About 70 companies operate 100 or more stores, but most operate a single store. The industry is highly fragmented: the 50 largest companies hold less than 40 percent of the market. The average store has annual sales of about $2 million.
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