According to our research report “U.S. Convenience Stores Market Outlook to 2013”, convenience retailing has sprung up as a key growth area for a huge number of retailers in today’s retail format, especially for the grocery industry. The fact that, c-stores have come up as a leading segment in the retail industry is evident from their sales growth, which has surpassed all other retail formats’ growth. Investors are making huge investments in convenience channel in almost all the developed countries as they want to make more profit margins at a comparatively lower operating cost.
Ongoing research found that, the latest trends, which are expected to drive the future growth in the US c-store sector, are increasing presence of private label products and rising demand for frozen beverages. Foreign players, such as 7-Eleven, Wawa, and Kroger have augmented their strategic activities recently, which indicate that they want to enlarge their geographical base and gain a leadership position. The same trend has brought with it a shift towards the adoption in digital signage in the market that is resulting in more investments and development of new stores.
The report outlines that, the motor fuel segment accounts for the majority of convenience store sales in the country. Rapid growth in this segment is anticipated to scale up the c-store industry revenue, which is projected to grow at a CAGR of around 11% during 2011 - 2014 to reach US$ 856 Billion by 2014 end.
Besides, the report contains comprehensive information about all the c-store in the US, with special focus on their recent developments and areas of expertise. It also explains the reason why all the incumbent players have been investing huge amounts in establishing their stores across different states of the country.
“U.S. Convenience Stores Market Outlook to 2013” covers all the necessary aspects of the US convenience store industry. It analyzes entire information in a concrete manner and builds textual analysis on a reliable data only. The report also facilitates comprehension of current trends prevailing in industry and their impact on future growth. Further, the report presents analysis of past and current industry scenarios, and provides a clear cut direction, in which, the industry is likely to proceed in coming years.
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