NewswireToday - /newswire/ -
Noida, Uttar Pradesh, India, 2011/01/18 - The total in-stores sales in the U.S. convenience store market are projected to grow at a CAGR of around 4% during 2010-2013, says RNCOS.
The US convenience stores (c-stores) industry is one of the world’s largest and fastest growing sectors that present lucrative investment opportunities for new players. Convenience store segment that forms nearly 12% of the US retail industry experienced significant growth during the past few years. Although the year 2009 was not as fruitful as 2008, convenience store in-store sales grew during the same period. According to our new research report “U.S. Convenience Stores Market Outlook to 2013”, in-store sales constituted more than quarter share of the convenience store sales in the US during the same period. This strong growth trend is expected to continue in future also. The total in-stores sales in the U.S. are projected to grow at a CAGR of around 4% during 2010-2013.
Growth in the convenience store in store sales indicates that stability remained intact during the worst economic downturn. Rising consumption pattern, increasing spending habits, and prepared food will drive the in-store sales during the forecast period. This will be driven by economic rebound, convenience for shopping at c-stores, and the busy life style of the Americans. Our research study provides a brief overview on in-store sales. It has also discussed motor fuel sales.
“U.S. Convenience Stores Market Outlook to 2013” provides conceptual analysis and extensive research on the US convenience store industry. It facilitates quantitative as well as qualitative trend analysis of the past and current industry scenarios and provides a clear future direction, in which, the industry is likely to proceed. The report also covers information regarding leading industry players to provide a complete analysis of the competitive landscape.
Our report provides an analysis on retail sales along with its future outlook. It has also analyzed the market drivers and trends that are emerging in the U.S. convenience store market. Further, our study provides an insight into the market by number of convenience stores, by regional analysis, by sales. Moreover, it has discussed single and chain stores in operation, closed stores, growth and sales analysis - in terms of company, and convenience store employment.
RNCOS (rncos.com) specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.