{"product_id":"convenience-stores-truck-stops","title":"Convenience Stores \u0026 Truck Stops","description":"\u003cp\u003eConvenience Stores \u0026amp; Truck Stops\u003cbr\u003e\nBrief Excerpt from Industry Overview Chapter:\u003c\/p\u003e\n\n\u003cp\u003eCompanies in this industry operate retail locations that primarily sell fuel, groceries, cigarettes, and alcoholic beverages. Major US companies include 7-Eleven (the North American subsidiary of Seven-Eleven Japan), Casey's, Circle K (a division of Canada-based Couche-Tard), and Wawa.\u003c\/p\u003e\n\n\u003cp\u003eCOMPETITIVE LANDSCAPE\u003c\/p\u003e\n\n\u003cp\u003eConsumer and commercial driving trends drive demand. The profitability of individual stores depends on competitive pricing, effective merchandising, and the ability to secure high-traffic locations. Large companies have advantages in purchasing and finance. Small companies can compete effectively by acquiring superior locations or offering specialized merchandise or services. The industry is fragmented: the top 50 US companies account for about 40% of industry sales. Single-store operators predominate, accounting for more than 60% of all convenience stores, according to the National Association of Convenience Stores (NACS).\u003c\/p\u003e\n\n\u003cp\u003ePRODUCTS, OPERATIONS \u0026amp; TECHNOLOGY\u003c\/p\u003e\n\n\u003cp\u003eGas stations with convenience stores account for about 80% of US sales; other sources of revenue include groceries. Fuel (generates nearly 70% of revenue) includes regular, mid-grade, and premium unleaded gasoline, as well as diesel fuel and non-alcoholic beverages and alcoholic beverages.\u003c\/p\u003e","brand":"Consumer Goods \u0026 Retailing","offers":[{"title":"September, 2023 \/ - \/ MCW728105310","offer_id":47717234147634,"sku":null,"price":3599.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/convenience-stores-truck-stops","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}