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State of the U.S. Convenience Store Industry - A Market Analysis (2005)

State of the U.S. Convenience Store Industry - A Market Analysis (2005)

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Publish Date : Sep, 2005| No. of Pages : 90

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The convenience stores in America in the recent times have moved towards high-end technology systems that ensure better customer service and efficient security checks. Consequently, the market for Convenience Stores in United States is reported to have witnessed a rise in the number of stores by 5.82% in 2004-05 totaling 138,205 stores across the country. The market research report “State of the U.S. Convenience Store Industry — A Market Analysis (2005)” published by RNCOS, provides a detailed study on the recent economic and technological trends, changes in consumers’ preferences, analysis of sales volume and government policies that ensure better prospects for the US Convenience Store Industry in the coming years.

Study of the industry sources revealed that 2004-05 has proved to be a profitable year for the industry surging a stupendous growth of near about 17.1% registering a record sales of US $394.7billion. Further, introduction of ATM services and advances in security deliveries lured a large number of customers to shop from convenience stores compared to supermarkets and hypermarkets.

With significant scale advantages, economies favor large chain operators in c-stores industry to introduce newer and innovative product-lines that have skyrocketed the profit margin to 23.5%, reaching $4.99billion in 2004-05. The publicly traded convenience stores have outperformed many S&P 500 composite (Standard & Poor's 500 Composite Stock Price Index) and the S&P 500 retail indexes in United States for the past four years.

Convenience stores are major contributors to America's economy, as well as to Americans’ standard of living and quality of life. The market research report, “State of the U.S. Convenience Store Industry — A Market Analysis (2005)”, highlights the key statistics on industry revenue, industry product sales, employment, establishments, domestic demand, and total wages. It also provides a snapshot of the main products and services offered by this industry and throws light on the factors that have a major influence on the industry. Market analysts and researchers interested in the U.S. convenience store industry can use the report for decision making and getting accurate data and statistics of the industry.

 

REPORT HIGHLIGHTS

 

  Analyzes US retail store industry and sales of food products in C-Stores by regional 

   distribution of shops and retailers

  Provides analytical overview on the growth of US C-stores, product-wise (2005-2007)

  Assessing the Changing Trends in consumer shopping behavior and preferences

  C-Stores trade analysis (2005-2007): Estimating the growth factors.

  Advances in technology, an insight to the retail technology vis-à-vis proliferating growth 

   rate within  the sector

  Government policies and foreign investment, assessing the formidable structure and 

    market components responding to the state of changes.

  Are US convenience stores industry open new employment opportunities in US?

  A review of US Convenience Store Industry, 2005: Count, sales, growth percentage of 

   C-stores, Co-operatives, Petrol Forecourts, Multiples, discounters

 

REPORT FEATURES


Chapters 2 provides an introduction whereas chapter 3 of this "State of the U.S. Convenience Store Industry - A Market Analysis (2005)" report analyze the US retail market distribution and product mix. A market analysis of the US C-stores industry is done in chapter 4. Chapter 5 covers the government rules and regulations related to the US Convenience Stores Market. Chapters 6 and 7 deal with the consumer behavior and product trends in the industry.

Chapter 8 does a SWOT analysis of the US c-stores industry. Chapters 9, 10 and 11 discuss about technology and its significance in the industry, investments, current issues and developments, and future outlook. Chapter 12 talks in detail about the role of major players in the industry.

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