National Association of Convenience Stores
 |
|
| Formation | 1961 |
|---|---|
| Type | Association |
| Legal status | Nonprofit |
| Headquarters | Alexandria, Virginia |
| Website | www |
The National Association of Convenience Stores (NACS), founded on August 14, 1961, is an international trade association representing more than 2,100 retail and 1,600 supplier company members. NACS member companies do business in nearly 50 countries worldwide, with the majority of members based in the United States. The association serves the convenience and fuel retailing industry by providing industry knowledge, connections and advocacy to ensure the competitive viability of its members' businesses.
NACS defines a convenience store as a retail business that provides the public with a convenient location to quickly purchase a wide variety of consumable products and services, general food and gasoline. While not a fixed requirement, convenience stores have the following general characteristics:
The U.S. 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. The U.S. convenience store industry, with 154,195 stores (as of December 31, 2015) across the country, posted $547.8 billion in total sales in 2015. 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). Convenience stores account for 34.2% of retail outlets in the United States. Since 1995, NACS has worked with Nielsen to accurately count and classify businesses in the convenience and fuel retail channel of trade. This store count is based on the convenience store universe, tracked and marketed by Nielsen, and is endorsed by NACS. View a detailed store count fact sheet at nacsonline.com/storecount.
The convenience and fuel retailing industry is extremely diverse, including companies that operate one store to companies that operate thousands. NACS evaluates the effect policies will have on each member—big or small—and the Board of Directors then adopts positions that best represent the interests of the industry was a whole. NACS is the voice of convenience and fuel retailers on Capitol Hill. As an industry that touches so many areas of policy, the association and its members work to defend and protect c-store employees, customers and the industry overall. Here are some of the industry's top issues:
NACS Research develops and disseminates key metrics that provide the convenience and fuel retailing industry with performance benchmarks, as well as information critical to the industry’s advocacy efforts on issues such as payment cards, motor fuels and tobacco. Best known for the NACS State of the Industry enterprise, NACS research initiatives focus on developing actionable insights from a proprietary set of operational, category, financial and shopper data. Customized consulting and research projects can be conducted at an aggregate U.S. market, regional, firm or product level.
...
Wikipedia