The coronavirus outbreak is threatening America's vast convenience store industry as consumers fill up at the pump less frequently and companies pull self-serve soda machines and hot dog rollers.
There are upward of 150,000 convenience stores in the United States, more than all of America's grocery stores, drug stores and dollar stores combined. The convenience store industry has been designated as an"essential" business and stores have mostly remained open during the crisis. Although the outbreak does not appear to be a death knell for the industry, chains are facing major challenges to their businesses.
7-Eleven, Kwik Trip and Kum & Go and others have eliminated mini-mart staples such as roller grills, nacho and chili cheese machines, soup bars and self-serve coffee.In response to the outbreak, convenience stores are rapidly pivoting their businesses. They are trying to become fill-in stops when shoppers find their local grocery store or big-box retailer has run out of toilet paper, hand sanitizer or water, experts say.
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