ALEXANDRIA, VA, and OAK BROOK, IL – NACS and CSP Business
Media LLC (CSP) announced that they have renewed their long-term agreement for
the annual NACS State of the Industry Summit.
The announcement was made at the conclusion of the 2012 NACS
State of the Industry Summit, which took place April 9 to 11 in Chicago.
Under terms of the five-year agreement, NACS will produce
the State of the Industry Summit, the $700 billion-plus industry’s premier
benchmarking and analytics conference, and CSP will serve as exclusive media
partner. As part of the agreement, CSP will publish a special edition of CSP
magazine that will include general event coverage, as well as firm-level sales,
profitability, category and expense benchmarking data derived from NACS’ annual
survey of operational and financial performance.
“For more than a decade, the NACS State of the Industry
Summit has been the premier data-driven event of our industry and we are
delighted to continue our partnership with CSP in disseminating its content and
growing the event,” said NACS President and CEO Henry Armour.
“Our agreement is a great win for the convenience and
petroleum retailing industry. It’s a great win for the big chains, independent
operators and the countless suppliers, wholesalers and brokers who rely on the
most dynamic, compelling information that only NACS and CSP can deliver,” said
CSP Business Media President and CEO Michael Wood.
The NACS State of the Industry Summit is considered the
convenience and fuel retailing industry’s leading data-focused event, bringing
together retailers and suppliers to review and interpret the industry’s key
economic indicators, benchmark their operations against other top performers
and dig deep into broader economic, demographic and marketplace trends that
affect the industry. The data presented at the State of the Summit is based on
data collected from more than 200 U.S. convenience retail firms, representing
approximately 26,000 stores.
NACS Magazine also will report on top-line industry
performance, shopper insights, non-CPG trends and general event coverage after
the Summit. In addition, NACS will continue to produce and distribute its
annual NACS State of the Industry Report, which will be released in June.