If there was any good story in 2013, it was fuel margins—not necessarily sales, but definitely margins. Average fuel margins of 18.5 cents for the total industry were solid.
Convenience retailers can see satisfaction turn to dissatisfaction with the simple switch of channel of retail. Likewise, seemingly notable gains are drab when compared to other categories and years.
While the industry backpedaled somewhat in 2013, petroleum and convenience-store retailers maintained strong sales and profit figures despite numerous competitive and demand-rooted challenges that will only get worse in the years ahead. A breakdown of the year that was.