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.
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:
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 and presentations.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.
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%.
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%.
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%.