Thursday, June 11, 2009

U.S. Convenience Stores Market Outlook to 2013

RNCOS has recently released its new research report, “U.S. Convenience Stores Market Outlook to 2013”. It is an exhaustive study on the expanding reach of convenience stores in the US. According to the report, despite the economic slowdown and recession in the country, the overall sales of convenience store (c-stores) industry registered an impressive growth of more than 8% in 2008 over the previous year, constituting around 14% of the total retail sales in the US, and this share is expected to rise in future.

The total c-store sales in the US include motor fuel sales and in-store sales. Motor fuel sales made up for 72.1% whereas in-store sales accounted for approx 27.9% in total c-store sales in 2008. The c-store industry is dominated by single store business or franchise. At regional level, Southern US states continue to lead the c-store industry.

Overall c-store sales are expected to grow substantially at a CAGR of around 5% during the forecast period of 2009-2013 in the US.

As per the report, c-store operators have started taking different strategic moves to improve operations, enhance performance and to position themselves at the forefront. However, the changing nature of convenience retailing and the margin pressures brought on by encroaching competitive formats is leading to c-store industry consolidation.

“U.S. Convenience Stores Market Outlook to 2013” provides the rational analysis and extensive research on the convenience store industry in the US. It thoroughly examines the current industry trends which are adding to the growth of the country’s c-store industry. The report also covers the regional and state level analysis for the convenience store industry in the US. It will help clients to understand the market dynamics and get an insight of the current and the future outlook of the convenience store industry in the US.

The report provides industry forecast and estimates on various segments, including:

- Retail Sales
- Convenience Store Sales
- In-store Sales
- CCTV Market
- Number of Internet Users
- Population by Age Group
- Working Population
- GDP per Head

The forecast given in the report is not based on a complex economic model, but is intended as a rough guide to the direction in which the market is likely to move. This forecast is based on correlations between past market growth, growth of base drivers and possible impact of recession on the economy.

The report also includes detailed information about the key players in the US Convenience Store industry including 7-Eleven Inc., The Kroger, Ahold USA Inc., Shell Oil Products US, Exxon Mobil Corporation, Alimentation Couche-Tard Inc. and Sunoco Inc.

For more detail visit :- http://www.newsonretail.com/US-Convenience-Stores-Market-Outlook-to-2013-Reports/IM184.htm

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