36 FEBRUARY 2014 nacsonline.com
U.S. CONVENIENCE STORES CONTINUE TO INNOVATE AND INCREASE STORE COUNT.
BY JEFF LENARD
The U.S. convenience store count increased for the fourth con- secutive year, reach- ing 151,282 stores as of December 31, 2013, a 1.4% increase ( 2,062 stores) from
the year prior, according to the 2014
NACS/Nielsen Convenience Industry
The link between fuels and convenience retailing continues to grow.
Overall, 83.7% of convenience stores
(126,658 total) sell motor fuels, a 2.7%
increase ( 3,369 stores) over 2013. The
growth of convenience stores selling
motor fuels is double the overall growth
in the industry, as fuel retailers add
convenience operations and convenience retailers add fueling operations.
Convenience stores account for
34.3% of all retail outlets in the United
States, according to Nielsen, which is
significantly higher than the U. S. total
of other retail channels including drug
stores ( 41,378 stores), supermarket/
supercenter ( 37,459 stores) and dollar
stores ( 24,853 stores).
“Today’s time-starved consumers need
quick and convenient access to food, fuel
and beverages. No other retail channel
comes close to filling these needs than
America’s convenience stores, which
is why our industry continues to grow,
innovate and support their communities
and their customers’ busy lifestyles,” said
NACS Chairman Brad Call, vice president of adventure culture at North Salt
Lake City, Utah-based Maverik Inc.
The convenience retailing industry
has roughly doubled in size over the last
three decades. At year-end 1983, the
store count was 80,900 stores, at year-
end 1993 the store count was 98,400
stores and at year-end 2003 the store
count was 132,659 stores.
Nielsen calculations are based in part
on data reported by Nielsen for the period ending December 31, 2013, through
its TDLinx service for retail channels.
Nielsen determines its convenience
store count using the store definition
that requires stores to include a broad
merchandise mix, extended hours
of operation and a minimum of 500
stock-keeping units (SKUs), among
Jeff Lenard is the NACS vice president of
strategic industry initiatives. He can be
reached at email@example.com or
U.S. convenience store
count increased to an
impressive 151,282 stores
account for 62.8% of all
83.7% of convenience
stores (126,658 total)
sell motor fuels