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US Convenience Store Industry to grow at 3% CAGR
Mar 09, 2009
According to our new research report, “U.S. Convenience Stores Market Outlook to 2013”, the global financial crisis, which has led to cut down in consumers spending, will not have much impact on the US convenience store industry. The US convenience store industry is projected to grow at a CAGR of more than 3% between 2009 and 2013.
The overall US retail industry recorded the biggest sales decline in the last few months of 2008 and the situation was further worsened by low consumer confidence on account of the global financial meltdown. Low consumer sentiments also affected the c-store industry sales, particularly in-store sales, but the total c-store sales were estimated to have grown 0.6% in 2008.
The main reason for the rise in sales is the soaring gasoline prices which helped the c-store industry to achieve record sales in 2008. Gasoline accounts for more than 90% of total motor fuel sales in the US. Moreover, motor fuel operations continue to be a vital part of the industry despite falling margins of retailers.
“U.S. Convenience Stores Market Outlook to 2013”, provides detailed research and rationale analysis on the current issues and developments undergoing into the US convenience store industry. It also gives an overview on various factors driving the convenience store industry together with challenges restraining growth in the industry. The report also helps in identifying high growth potential regions in the industry and helps the clients to understand the current as well as past market trends. It also discusses the leading-edge opportunities critical to the success of the convenience store industry in the US.
The report gives past and current information on the US convenience store industry with forecast on various important industry aspects, including the market size of convenience store industry, retail industry, working population in the US, middle class population, personal disposable income & GDP per Head, number of internet users and breakup of population.
For more information visit: http://www.rncos.com/Report/IM184.htm
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