Thursday, 28 January 2016 20:20

Number of Florida Convenience Starts Continued to Grow in 2015, Hits Record High

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For Immediate Release: January 28, 2016
CONTACT: James Miller This email address is being protected from spambots. You need JavaScript enabled to view it., (850)701-3015

Almost 10,000 c-stores reside in Sunshine State, third most in the nation

c-stores

TALLAHASSEE, FL – The Florida Petroleum Marketers and Convenience Store Association, a division of the Florida Retail Federation (FRF), reports that the convenience store count in both Florida and the U.S. continued to increase as 2015 set a record for the total number of stores. Florida’s convenience stores increased from 9,737 in 2014 to almost 10,000 in 2015, which ranked third among all states according to the 2016 National Association of Convenience Stores/Nielsen Convenience Industry Store Count.

“The convenience store industry in Florida continues to see incredible growth as more drivers rely on the time-saving ease these stores offer drivers to get food, drinks, supplies and gasoline every day,” said FPMA Executive Director Ned Bowman. “Florida’s economy continues to improve and support our industry, and we’re proud of the work FPMA does each year with state and local government to ensure our state’s convenience stores are more environmentally friendly and safer for employees and customers.”

From 2011 to 2015, Florida’s convenience store count increased from 9,348 to 9,910, an increase of more than six percent. Among the states, Florida ranked third behind Texas (15,607 stores) and California (11,540), with New York (8,446) and Georgia (6,765) rounding out the top five. In the past year, the total number of convenience stores nationally increased by more than 1,400 for a total of 154,195.

Within the retail universe that Nielsen tracks, convenience stores account for 34.2% of all outlets in the United States, which is significantly higher than the U.S. total of other retail channels including superettes, supermarket and supercenters (51,055 stores), drug stores (41,969 stores) and dollar stores (27,378 stores). Overall, 80.7% of convenience stores (124,374) sell motor fuels.

The convenience retailing industry continues to be dominated by single-store operators, which account for 63.1% of all convenience stores (97,359 stores total) and 74.3% of store growth in 2015.

The convenience retailing industry has roughly doubled in size over the last three decades. At year-end 1985, the store count was 90,900 stores, at year-end 1995 the store count was 101,100 stores and at year-end 2005 the store count was 140,665 stores.

ABOUT THE FLORIDA RETAIL FEDERATION
Founded in 1937, the Florida Retail Federation is the statewide trade association representing retailers -- the businesses that sell directly to consumers. Florida retailers provide three out of every four jobs in the state, pay more than $49 billion in wages annually, and collect and remit more than $20 billion in sales taxes for Florida’s government each year. In fact, more than three out of four of Florida’s budget dollars come from retail-related activity. For more information, visit the FRF website, and follow FRF on Facebook and Twitter.

ABOUT THE NATIONAL ASSOCIATION OF CONVENIENCE STORES
Founded in 1961 as the National Association of Convenience Stores, NACS (nacsonline.com) is the international association for convenience and fuel retailing. The U.S. convenience store industry, with more than 152,000 stores across the country, posted $698 billion in total sales in 2014, of which $483 billion were motor fuels sales. NACS has 2,100 retail and 1,600 supplier member companies, which do business in nearly 50 countries.

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