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Convenience Store Industry Challenges
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Big-name convenience store player files Chapter 11 bankruptcy
Yahoo Finance· 2026-01-15 21:22
My car mostly runs on electricity and has a tiny two-gallon gas backup. On long trips, I stop at gas stations more often than I did with a traditional car, but the tank fills quickly, and I rarely go inside the store. Drivers of electric vehicles are visiting convenience stores less often, contributing to declining in-store sales for gas retailers. I’m not alone. Many EV owners are spending less time, and money, inside gas station stores. These shifts in consumer behavior are among the factors behind th ...