With all the pandemic restrictions on gatherings and movements, everyone expected the downfall of business activities and the cutback on profits. Surprisingly for c-stores, this has not been the case. Data released by the NACS State of the Industry show that convenience retailers were unshaken during the pandemic period that affected global economies.
Have you ever been on the roof of a convenience store? We have, and if you don't keep things in proper condition and working order, it can cost your c-store thousands of dollars annually.
Consumers are seeking convenience, and the proof is in the numbers. According to the 2018 NACS/Nielsen Convenience Industry Store Count, there were over 400 new convenience stores added in the United States in 2017. A big reason for that growth, and the increased traffic in existing c-stores around the country, is foodservice.
In recent years, convenience stores have become a foodservice destination. The convenience store, once serving as a quick stop to grab a candy bar or a soft drink, has transformed into an amalgam of coffee shops, quick-service, and fast casual restaurants. Busy consumers are looking for convenience and quality when it comes to foodservice, and c-stores are more equipped than ever to provide just that.