CHICAGO — Sales numbers for C-stores in 2013 were a record $204 billion it was announced at the National Association of Convenience Stores (NACS) State of the Industry Summit, according to CSPnet.com.
The industry improved sales by 2.4 percent. However, operating costs have escalated higher than sales costs, which caused profits to drop from $7.2 billion to $7.1 billion, according to the article.
Read also: C-store articles
“Our industry numbers demonstrate that convenience and fuel retailing continues to grow, despite economic and retail environment challenges,” said Brad Call, NACS chairman. “These numbers show that we continue to meet the needs of our diverse consumers throughout the United States."
Tobacco made up the greatest portion of sales in 2013, at 37 percent. Foodservice (hot and cold prepared food and drink) made up 18 percent of sales; packaged beverages made up 15.5 percent. Candy and snacks made up nearly 10 percent of sales.
To read the full story, click here
