The US convenience stores (c-stores) industry, one of the world's largest and
fastest growing sectors, present lucrative investment opportunities for new
players. Despite economic slowdown and financial crisis, the industry has
showed a splendid performance in the past few years, with the number of
convenience stores continuously rising. C-stores have greatly benefited from
the growth of the overall retail industry. As per our latest findings, the
consumers' increasing appetite for convenient shopping and soaring sales of
low-priced non-traditional products have had a positive impact on the US
c-stores market, which is anticipated to expand at a CAGR of around 11% during
2011-2014 to reach around US$ 856.5 Billion.
According to our latest research report, “US Convenience Stores Forecast
to 2014”, the US has a huge growth potential for the c-store industry as
the rise in retail sales and large consumer base have given a significant
boost to this sector, and the trend is expected to continue in future.
Further, it is expected that the US working population will climb to the level
of 211.9 Million by 2014-end, and this busy lifestyle of people will drive the
country's c-store market. The study also revealed that socio-demographic
shifts and economic environment will also act as market drivers.
In the US, the total c-store sales include motor fuel sales and in-store
sales. It was found that the motor fuel sales held a major share in the total
c-store sales during 2011. The industry is dominated by single store business,
and at the state level, Texas, California, Florida and New York accounted for
the majority of the total convenience stores' count during the same period.
During our study of the industry trends, we observed that that the US c-store
market is moving towards consolidation. The number of mergers and acquisitions
in the sector will continue to increase. We have also discussed how the
concept of mobile wallet and the expanding food services market will fuel the
industry's growth.
In our comprehensive report, we also studied how the competitive landscape has
been changing in the industry, and in which direction it is likely to move
over the next few years. We expect that a large number of companies will foray
into the lucrative US c-store market with their diversified product portfolio,
and this will lead the incumbent players to invest heavily in establishing
their stores across different states of the country. Our report briefly covers
the consumer behavior in the country, and it is expected that this research
study will help clients align their business strategies as per the changing
market dynamics.
Table 7-4: Chevron Corp - Strengths and Weaknesses
Table 7-5: Exxon Mobil Corporation - Strengths and Weaknesses
Table 7-6: Alimentation Couche-Tard Inc. - Strengths and Weaknesses
US Convenience Stores Forecast to 2014 published by RNCOS E-Services Pvt. Ltd. in April 1, 2012. This report consists of 70 Pages and the price starts from US $ 900.
