Thursday, February 25, 2010

US Convenience Stores to See Over 25% Growth by 2013

RNCOS, a leading market positioning research firm, has released a new industry report, "U.S. Convenience Stores Market Outlook for 2013" which says - the convenience stores industry in the U.S. is expected to cross U.S. $ 800 billion in 2013. Busy and hectic lifestyle of Americans will be a key booster of the industry in coming years.

We have found that the lifestyle of Americans are busy every day, and the working population has reached about 150 million (approximately 50% of the total U.S. population). We expect that this proportion of the working population will increase in coming years, which in turn creates greater demand for convenient shopping. Of the total retail sales in the U.S., convenience stores had a share of around 14% in 2008, which is expected to grow in the coming years mainly due to the increasing popularity of convenience stores.

Per our research report, continuing the southern region to dominate the U.S. convenience stores industry at the regional level, as it accounted for around 50% of the total number of grocery stores in the country. At the state level, the District of Columbia, Arizona and California the greatest growth potential in developing convenience stores for the coming years.

As prices spiral, the sales of gasoline increased significantly, and will play an important role in achieving U.S. $ 800 billion mark by convenience stores industries. Gasoline accounts for more than 90% of total fuel sales in the U.S.. In addition, motor fuel operations remain an important part of the industry, despite declining profit margins of retailers.

"U.S. Convenience Stores Market Outlook to 2013" is an extensive research and thorough analysis of convenience stores industries. The report discusses trends in the marketplace to help clients analyze the most advanced options for growth in the overall convenience stores industries. It will greatly help investors and global retailers to navigate through developing convenience stores industry in the country.

This report complements the previous and current data on the U.S. convenience stores industry, with forecasts for various key industry aspects, including market size of convenience stores industry, business, retail, middle-class people, working people in the U.S., GDP per head, personal disposable income, number of Internet users and disruption of the population.

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