Top-rated convenience store chains from coast to coast from the most trusted name covering the c-store industry.
This list from CStore Decisions ranks the 111 largest convenience store chains in the U.S. According to the National Association of Convenience Stores (NACS), there are 150,274 convenience stores operating in the U.S., a 1.6% decrease in the number of stores in operation (152,720) at the close of 2019, according to the 2021 NACS/Nielsen Convenience Industry Store Count.
The decrease in the total co-store count was expected, according to NACS, given the overall retail contraction in the U.S. during the Covid-19 pandemic and the rampant merger-and-acquisition activity over the past three years. The industry decline was led by a 3.1% decrease in single-store operators (92,196 in 2020 vs. 95,108 in 2019), which account for 61.4% of all convenience stores. In addition, the decrease in the industry store count was more pronounced among stores that did not sell fuel. Of the total 2,446-store decline, 1,986 did not sell fuel, compared to 460 that sold fuel.
Convenience stores sell an estimated 80% of the fuel purchased in the country, and the new store count shows that 121,538 convenience stores sell motor fuels (80.9% of all convenience stores), a slight 0.4% drop from 121,998 stores selling fuels the year prior.
The decline of one-store operators continues a multi-year trend; single-store operators made up a record 63.2% of the industry in 2017, NACS reported. Meanwhile, the percentage of one-store operators that sell fuel dropped to 57.1%, the lowest since 2010 (56.7%).
Among the states, Texas continues to have the most convenience stores (15,695 stores), or more than one in 10 stores in the country. The rest of the top 10 also remains the same from the year prior. California is second at 12,074 stores, followed by Florida (9,619), New York (8,096), Georgia (6,574), North Carolina (5,890), Ohio (5,564), Michigan (4,855), Pennsylvania (4,698) and Illinois (4,629). California is the only state in the top 10 that added stores (+84), while New York (-393 stores), Florida (192) and Texas (161) saw the largest declines. Alaska (176) has the fewest stores in the country.
The CStore Decisions list of the top 111 Convenience Store chains is based on 2020 data and was complied by CStore Decisions editors through company surveys, interviews, website data and other data, including SEC filings for public companies. As merger and acquisition activity continues to affect the industry, the list will be updated to reflect chain store counts. Each of the c-stores listed is primarily ranked by number of locations that the company has franchised, owns or operates.