Discover the top convenience store trends for NACS’ Northeast region.
The Northeast region spans across 14 states including Connecticut, Delaware, DC, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont, Virginia, and West Virginia. NACS reports a store count of 32,761 stores ranging from single stores to 501+ store chains with approximately 32% non-fuel stores.
In 2016, CSP magazine reported top Northeast c-store chains include:
•Aplus, MACS/Tigermarket, Stripes, Aloha (Sunoco Inc.)
•GPM Investments: Fas Mart, Shore Stop, Scotchman, etc.
•Kwik Fill/Red Apple
•E-Z Mart Stores
•Mirabito, Quickway Food Stores, Convenience Express, Manley’s Mighty-Mart
•GoMart Food Stores
•Petroleum Mktg. Group (E&C Enterprises Inc.)
•Little General Stores
•C.N. Brown/Big Apple Food Stores
•Dandy Mini Marts
The Northeast region is one of six regions that the National Association of Convenience Stores (NACS) has defined to help retailers track and benchmark their operation against the industry. NACS has been compiling and presenting convenience store performance since 1969. Their analysis is presented through their NACS state of the Industry Annual Report
.By tracking each region, retailers gain a better understanding of the c-store industry for the region. Based on the statistics, the region, although underperforming in sales, is approximately on par with fuel and merchandise margins. The foodservice category is underperforming both in terms of sales and margins.
Interested in NACS convenience store foodservice sales and margins benchmarks?
Foodservice sales for the Northeast were approximately 190% higher than the national average monthly sales of $32,890. The region’s foodservice gross profit margins averaged 56% versus the national average of approximately 53%.
Interested in NACS convenience store merchandise sales and margins benchmarks?
Merchandise sales for the Northeast region were approximately 36% higher than the national average monthly sales of $124,001. The region’s merchandise gross profit margins averaged 26% versus the national average of 27%.
Interested in NACS convenience store fuel sales and margins benchmarks?
Fuel sales for the Northeast region were approximately 46% higher than the national average monthly sales of $353,347. The region’s fuel gross profit margins averaged 9% which is on par with the national average of 9%.
Want to find out more about how to achieve better margins? Contact the Northeast Team Lead.