Getty Realty committed $100 million in convenience stores and carwash properties throughout 2022. The real estate company shared this figure Tuesday (Jan. 10) in reporting its fourth-quarter and full-year 2022 financial results, noting the acquisition of nine convenience stores for $44 million. “We are excited...
The number of U.S. convenience stores fell 1.6 percent during 2020 as the COVID-19 pandemic depressed crucial gasoline sales and brick-and-mortar retail contracted in general, but many shops are fighting back with digital technology and other upgrades. “The sustained growth of online shopping and the...
The latest set of industry figures is out from the National Association of Convenience Stores (NACS), and the report paints a mixed portrait of the status of quick stop shops in the U.S. On the one hand, revenue hit a record level for the 16th...
Some 48.5 million U.S. travelers are expected to hit the road for Thanksgiving, and roughly half will use apps to find gas deals. According to the new PYMNTS Paying At The Pump Report, once these mobile-savvy consumers fuel up, they’re likely to shop at the...
