Since being dubbed “essential businesses” by the U.S. Department of Homeland Security in March, c-stores have seen dramatic changes in store traffic and what’s selling. CSP, working with data analytics firm Skupos, is providing weekly updates on the effect of COVID-19 on industry sales.
Convenience Retailing Bounces Back
Skupos data shows 2 significant trends in the second quarter
"Monthly in-store revenue per store was up 11% and 13% YOY in May and June, respectively, indicating that customers returned to c-stores in full force."
Where the Industry Stands 6 Weeks Into the Pandemic
In-store spending increases, with fuel sales expected to follow: Skupos
"Data suggests that increasing numbers of consumers have opted to include convenience stores when considering where to purchase goods."
Retailers Increasingly Relying on In-Store Sales
Skupos data update from mid-April shows continued decline in fuel revenue
Skupos Data Update: Week of April 5
Diesel sales plunge on retail and restaurant closings, as c-store sales moderate
Skupos Data Update: Week of March 23
In-store sales surpass fuel for the first time this year
“We’re striving to provide c-store owners with the data that they need to stay informed, understand trends and react to changes in the market.”
5 Insights Into COVID-19’s Impact on C-Stores
Skupos examines changes to sales figures as a result of virus