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How Will COVID Affect Gas Station/C-Store Values?

How Will COVID Affect Gas Station/C-Store Values?

The COVID crisis has hit many industries hard, and the gas station/c-store industry has not been spared. Many operators are in survival mode right now, trying to cope with huge volume losses at the pump and inside stores. For March and much of April, excellent fuel...
Conditions For Convenience Stores Are Improving – Slowly

Conditions For Convenience Stores Are Improving – Slowly

The key metrics of the current economy in New England shows a slight improvement. Trips for retail and recreation have improved by approximately 10% from two weeks ago. Trips to grocery and pharmacy stores have improved by 20% to 25% from two weeks ago. This is likely...
COVID Safety Tips For Cstore Owners

COVID Safety Tips For Cstore Owners

Convenience stores are on the front lines of the Covid crisis, providing essential items for scared customers. There is already some discussion that in providing this service, c-store operators are making themselves vulnerable to lawsuits from employees and customers...
C-STORE PRODUCT MIX DURING COVID-19

C-STORE PRODUCT MIX DURING COVID-19

COVID is having a far-reaching impact on our industry. Fuel sales are down significantly but climbing back up. C-store sales started down a lot too but have generally rebounded to levels close to pre-COVID norms, and in some cases, sales are even higher than pre-COVID...
ADAPTING TO THE NEW NORM

ADAPTING TO THE NEW NORM

We are seeing travel increase as state officials lift restrictions. Personal travel hit its lowest level the week of April 12th with declines of 40% to 50% from preCOVID travel patterns. The week of May 3rd saw personal travel off 8% to 12% in most New England states....
Buying & Selling Post COVID

Buying & Selling Post COVID

What Is The Current Market Activity? Are Deals Still Being Done?When the crisis first began and state closed their economies, we saw many c-store companies pull back on expansion and acquisition plans. Proposed construction projects were put on hold or canceled....
What Products Should I Have In My C-Store During COVID-19?

What Products Should I Have In My C-Store During COVID-19?

Adapting To The New Norm Travel Volume Increasing Across The Region We are seeing travel increase as state officials lift restrictions. Personal travel hit its lowest level the week of April 12th with declines of 40% to 50% from pre-COVID travel patterns. The week of...
Covid’s Affect On Gas Station & C-Store Values

Covid’s Affect On Gas Station & C-Store Values

Conditions Continue To Improve Apple’s Data Shines Light On Trends The Google mobility report had been one of our key metrics used to measure the rebound of the economy. Google has discontinued releasing this information. Apple is now providing similar data...