Market Navigator: US Convenience Store Retailing—Consolidation, Disruption and the Race to Redefine Convenience for Modern Consumers

Published – July 2026

Discover how US convenience store retailing can adapt to disruption from EV adoption, GLP-1, quick commerce and market consolidation. Read this report to uncover answers to these and other questions:

• What structural headwinds—like tobacco decline, rising EV adoption and quick-commerce disruption—are shaping the future of US convenience stores?
• How are operators diversifying into foodservice, digital capabilities and store modernization to protect traffic and engage consumers?
• Which opportunities exist for larger players to expand while smaller operators navigate mounting challenges?
• How are leading companies like Seven & i Holdings and Alimentation Couche-Tard leveraging strategic acquisitions and store optimization to drive growth?
• What do in-store merchandise sales trends and market performance data reveal about the sector’s short- and long-term prospects?

Introduction

What We Think

The Sector

• Market Scale and Opportunity
• Category Breakdown
• Market Factors
• In-Store Shopper Visits

The Companies

• Competitive Landscape

The Consumer

Notes and Methodology

Appendix: Ranking Retailers by Store Numbers

Seven & i Holdings; Alimentation Couche-Tard

• US Convenience Store Sales: Total Sales (Left Axis; USD Bil.) and YoY Growth (Right Axis; %)
• US Convenience Stores: Top 10 Categories by Sales (USD Bil.)
• US: Average Retail Price for Regular Gasoline, All Formulations (USD)
• US Convenience Stores: Tobacco Sales YoY Growth, in Dollar and Unit Terms (%)
• The US: Real-World Fuel Economy (mpg) For Vehicle Model Year
• US Electric Vehicle Sales (Thous.) and YoY Change (%)
• US Convenience Stores: Selected Categories Unit Sales Growth (YoY % Change for the Four Weeks Ended Each Date)
• US Convenience Stores: Name Brand and Private-Label Sales Value (% of Total Sales)
• The US: Proportion of Single- and Two-Person Households (% of Total Households)
• US Gas Stations and Convenience Stores: Shopper Visits (YoY % Change)
• US Convenience Stores: Major Retailers’ US Revenue (USD Bil.)
• US Convenience Stores: Major Retailers’ Operating Margins (%)
• Top US Convenience Store Retailers by Store Count
• US Major Convenience Store Retailers’ Store Traffic: YoY % Change
• US Shoppers: Convenience Stores From Which They Have Made A Purchase in the Past Three Months (% of Respondents)
• US Convenience Store Shoppers: Product Categories They Have Purchased in the Past Three Months (% of Respondents)
• US Shoppers: Factors That Are Very or Somewhat Important When Deciding Which Convenience Store to Visit (% of Respondents)
• Top 50 Convenience Store Retailers by US Store Numbers