Convenience Store Profiles: West Virginia
West Virginia is the 10th smallest by area, is ranked 38th in population, and has the second lowest household income of the 50 United States. The capital and largest city is Charleston. The other main cities are Morgantown, Huntington, Parkersburg and Wheeling. West Virginia covers an area of 24,229.76 square miles, with 24,077.73 square miles of land and 152.03 square miles of water, making it the 41st-largest state in the United States The economy of West Virginia nominally would be the 62nd largest economy globally behind Iraq and ahead of Croatia according to 2009 World Bank projections, and the 64th largest behind Iraq and ahead of Libya according to 2009. The state has a projected nominal GSP of $63.34 billion in 2009 according to the Bureau of Economic Analysis report of November 2010, and a real GSP of $55.04 billion. The real GDP growth of the state in 2009 of .7% was the 7th best in the country. Morgantown was ranked by Forbes as the #10 best small city in the nation to conduct business in 2010. Tourism contributed $4.27 billion to the state’s economy and employed 44,400 people in 2010, making it one of the state’s largest industries. Wikipedia
The West Virginia C-Store Market West Virginia is home to chains such Go Mart, Little General Stores, BFS Stores and many others.
West Virginia Oil Marketers and Grocers Association (OMEGA) OMEGA was organized to promote and improve the business interests of those engaged in the petroleum marketing, retail grocery and convenience store industries within the State of West Virginia. Most OMEGA members are home grown West Virginia businesses. They employ over 2.5 percent of the State’s population – more than 50,000 residents. OMEGA members collect a substantial amount of State revenue and taxes. In fact, more than 10 percent of all State taxes are generated through sales at OMEGA member businesses. In addition, OMEGA convenience and grocery stores collected $201 million for the West Virginia Lottery through Instant and Online Lottery sales in 2012. www.omegawv.com