WAWA’S PLAYING FIELD

THE COMPANY

Wawa claims $10 billion in annual revenue, which puts it among the top 20 U.S. chains tracked by Convenience Store News.

THE COMPETITORS

The convenience store business—a $550 billion industry—is dominated by giants like the Japanese-owned 7-Eleven, which last year took in $29 billion from 8,700 North American outposts, and Alimentation CoucheTard, the Quebecois owner of Circle K and Dairy Mart.

THE NEW RIVALS

Fast food, old and new: Panera ($2.8 billion in revenue in 2016, before it sold for $7.5 billion to German conglomerate JAB), Dunkin’ Donuts ($860 million in revenue), Chipotle ($4.5 billion in revenue)—and even the fast-growing likes of Sweetgreen.