U.S.: times of day for shopping in c-stores 2022 | Statista (2024)

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U.S.: times of day for shopping in c-stores 2022 | Statista? ›

According to a 2022 survey, in which U.S. consumers who shopped at a convenience store at least once a month were asked at what time of day they usually shop at convenience stores, the most popular time of day was between 4 p.m. and 6:59 p.m., with 37 percent of respondents.

Consumers are embracing convenience stores like never before. An average store selling fuel has around 1,100 customers per day, or more than 400,000 per year. Cumulatively, the U.S. convenience store industry alone serves 160 million customers per day.

There are 150,174 convenience stores operating in the United States, according to the 2023 NACS/NielsenIQ Convenience Industry Store Count. That's up 1.5% from December 31, 2021, and roughly 100 stores fewer than before the COVID-19 pandemic struck.

Convenience stores generally have an average gross margin ranging from 20% to 30%. For instance, if your convenience store earns $20,000 per month, your gross profit might be roughly 25% x $20,000 = $5,000.

Males are more likely to frequent convenience store shoppers (58% vs. 45 % for uncommon shoppers), and they are also much younger than less regular shoppers. Only 14% of uncommon shoppers are under the age of 35, compared to nearly half (45%) of frequent shoppers.

Total convenience industry sales in 2023 were $859.8 billion, of which $327.6 billion were from in-store sales. The average basket—what customers spent per visit—increased 3.7% to $7.80.

It's no surprise that 7-Eleven Inc. remains the largest convenience retail chain with 12,821 stores as of December 31, 2022, according to the 2023 NACS/ NielsenIQ list of the Top 100 Convenience Retailers.

United States: states with the most convenience stores 2022

As of December 31, 2022, Texas was the state with the most convenience stores in the United States with 16,018, four thousand more than the next highest state, California, which had 12,000 convenience stores.

However, despite the expansion of All Day brands, All Day Convenience Store reduced their number of stores from 100 to 80+ as of 2016, but this is the result of the conversion of some All Day Convenience Store to All Day Mart and All Day Supermarket, like their branches in Las Piñas and Vista Mall Taguig.

Is it hard to run a convenience store? ›

As a convenience store owner, you constantly face high fixed costs of your products and other expenses such as your inventory, rent, and your payroll. You also have to deal with operating expenses such as utilities while optimizing your product catalog and pricing and attracting foot and car traffic.

While ZipRecruiter is seeing annual salaries as high as $60,500 and as low as $22,000, the majority of Convenience Store Owner salaries currently range between $36,500 (25th percentile) to $51,500 (75th percentile) with top earners (90th percentile) making $57,000 annually across the United States.

Retailers Make Very Little Selling Gas

Generally, the markup (or “margin”) on a gallon of gas is about 15 cents per gallon (gross profit before expenses). Factoring in expenses, which include rent, utilities, freight, labor and credit card fees, a retailer is left with about 2 cents per gallon in profit.

An average convenience store selling fuel has around 1,100 customers per day, or more than 400,000 per year. The U.S. convenience store industry conducts about 160 million transactions per day.

The data shows that the typical Target shopper is a suburban mother between 35 and 44 years of age. The typical Target customer also has some college education and a household income of $80,000.

You want to determine the average number of customers that come into a grocery store on a daily basis. To do this, you spend 14 days counting the number of people coming into the store. You found the mean to be 150 customers per day with a standard deviation of 6 customers.

While ZipRecruiter is seeing annual salaries as high as $60,500 and as low as $22,000, the majority of Convenience Store Owner salaries currently range between $36,500 (25th percentile) to $51,500 (75th percentile) with top earners (90th percentile) making $57,000 annually across the United States.

Market Demand: Convenience stores are in high demand in urban and suburban areas due to their accessibility and wide range of products. Target Market: The target market includes busy professionals, students, and families looking for quick and convenient shopping options.

As a convenience store owner, you constantly face high fixed costs of your products and other expenses such as your inventory, rent, and your payroll. You also have to deal with operating expenses such as utilities while optimizing your product catalog and pricing and attracting foot and car traffic.