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National Association of Convenience Stores
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NACS: How Do You Compare to the Competition?
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The NACS State of the Industry survey gives retailers a
chance to see how they fare across the industry.
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Alexandria, VA – January 2018 / Newsmaker Alert / Success or failure rarely occurs in a vacuum, so it’s critical to understand how you stack up against the competition. Every year, National Association of Convenience Stores (NACS) provides a unique benchmarking opportunity for convenience retailers by hosting the NACS State of the Industry survey, which collects financial performance data on fuel and key categories. The anonymized data is used to produce the comprehensive NACS State of the Industry (SOI) Annual Report, published each June.

Convenience retailers use the report to compare their financial performance against the industry, and to uncover problems and new opportunities for their business. Companies tap into the SOI report to aid in making data-driven decisions and improve the profitability of their businesses.

Companies submitting data are positioned to make better use of the report because they have already prepared their own company’s information. It’s always important to compare “apples-to-apples” when benchmarking. For the first time, NACS will provide a customized report to each company that submits data, making comparisons of the company’s performance with the industry a snap.

Survey participants and savvy business leaders who prefer learning about insights and opportunities in addition to the reading the report should head to the annual State of the Industry Summit, to be held April 10-12 in Chicago. Each spring at the SOI Summit, business professors, economists and top-performing c-store retailers break down the latest consumer, financial and operational data from the latest SOI Survey to highlight the most actionable findings. Attendees don’t just come for the insights—they also come for the high-powered networking with the 62% of attendees from the C-suite.

Learn more about the SOI Survey and SOI Summit on NACS website, and watch highlights from 2017 in this video.

About NACS
National Association of Convenience Stores (NACS) advances the role of convenience stores as positive economic, social and philanthropic contributors to the communities they serve. The U.S. convenience store industry, with more than 154,000 stores nationwide selling fuel, food and merchandise, serves 160 million customers daily—half of the U.S. population—and has sales that are 10.8% of total U.S. retail and foodservice sales. NACS has 2,100 retailer and 1,750 supplier members from more than 50 countries.

NACS Contact:
Jeff Lenard
V.P., Strategic Industry Initiatives
703-518-4272

To register as media for a NACS event contact Erin Pressley.

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Publishing Dates: 01/25/18 – 03/25/18
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