ALEXANDRIA,
VA – NACS has released the NACS State of the Industry Report
of 2012 Data, the industry’s premier benchmarking tool and most
comprehensive collection of industry and firm-level category data and trends
based on the convenience and fuel retailing industry’s 2012 performance.
Widely
accepted as the best benchmarking tool in the convenience and fuel retailing
business, the annual NACS State of the Industry (SOI) Report is based on data
submitted by actual retail companies participating in the NACS SOI Survey.
Published since 1972, the report provides data in the critical categories of
finance, store operations, merchandising and fuel sales. The data are also
analyzed and presented in a comparative performance quartile format based on
store operating profit, which allows retailers to benchmark and improve their
own operations by understanding the drivers of key performance metrics.
The
180-page report also examines economic conditions and their potential impact on
the industry. Charts and tables focus on every area of the industry’s 2012
performance, including financial performance, store operations, merchandising,
foodservice, motor fuels sales and quartile analysis.
According
to the report, the convenience store industry had record sales of $700.3
billion in 2012, with in-store sales increasing 2.2% to reach a record $199.3
billion and motor fuels sales increasing 2.9% to a record $501.0 billion.
Convenience store pretax profits reached a record $7.2 billion in 2012, but
taken as a percent of total sales, profits only moved from 1.027% to 1.028% of total
sales.
In-store
sales growth was driven by double-digit sales gains in several subcategories:
alternative snacks, which include meat snacks and health, energy and protein
bars (12.2%), liquor, a relatively small subcategory (11.6%), cold dispensed beverages
(11.3%) and sweet snacks (10.3%).
The
industry’s bifurcation also continues, with a considerable difference between
top quartile and bottom quartile performers. Top quartile performers had hot
dispensed profits that were 4.4 times greater than those of the bottom
quartile, prepared food profits 2.4 times greater than the bottom quartile,
cold dispensed profits 2.3 times greater than the bottom quartile and packaged
beverage sales that were 2.3 times greater than the bottom quartile.
Complimentary
copies of this year’s report will be shipped to the companies that participated
in the annual survey.
“We
are extremely grateful to those who submitted data for this year’s survey. Not
only does the NACS State of the Industry Report serve as
the industry’s premier benchmarking tool, the data complied serves as an
indefensible communications tool in quantifying our priority issues, both on
Capitol Hill and with the national media,” said NACS Director of Research and
Statistics Bob Swanson.
Purchasers
of the NACS State of the Industry Report of 2012 Data
report will also receive a link to the NACS Convenience Store Industry Fact
Book. The 26th edition of the Fact Book provides a detailed
statistical account of industry data over the past several years — or in some
cases, decades — as well as a historical recap of the industry and key
definitions and events that have shaped it. The Fact Book will be
available in July.
The NACS State
of the Industry Report of 2012 Data and the Convenience
Store Industry Fact Book are available to NACS member companies (order
number 40022062) for $249 ($749 regular price). Additional copies of the State
of the Industry Report of 2012 Data (order number 40022063)
are available for $40. The Report/Fact Book package also is available as
an electronic PDF edition (order number 40022064) to NACS members for $599
($1,199 regular price). Orders can be placed online at nacsonline.com/shop or by calling NACS Customer Service at (800) 966-6227.