Navigating detours has become a way of life for the convenience store industry, but 2022 brings signs of cautious optimism and hope.
A year ago, as the calendar turned the page to 2021, the COVID-19 pandemic was casting a big shadow over the convenience store industry’s outlook on the year ahead. Now, as the calendar turned the page to 2022, the pandemic is still ever-present, but the c-store industry’s retailers, suppliers and wholesalers have become pros at navigating detours and finding new routes to satisfy consumers’ changing expectations for convenient shopping. Here, we present exclusive data and analysis from the 20th annual Convenience Store News Forecast Study detailing the highs and lows projected for the industry in the year ahead.
ON THE ROAD
TO RECOVERY
ON THE ROAD
TO RECOVERY
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79.7%
of retailers expect their 2020 sales to increase.
expect their 2020 profits to increase.
9.4%
of retailers expect their 2020 sales to decrease.
expect their 2020 profits to decrease.
53%
12.7%
74.6%
12.7%
