Insight Research - Global Convenience Store Focus

Global Conveneince Store Focus

Global Convenience Store Focus > June 2010 issue

Fiona Briggs, Editor Dear Reader,

Convenience is setting the pace in the global grocery market. New figures from the IGD and Nielsen reveal local convenience stores are outperforming growth at out-of-town supermarkets. No wonder retailers including Sainsbury’s have pinpointed convenience as a key channel for growth. Sainsbury’s, the UK’s third largest grocer, is targeting 75-100 new convenience stores in 2010/2011 with 100+ thereafter. It is keen to muscle in on a market where only 15% of stores are operated by supermarkets.

Convenience has been a beneficiary of recessionary consumer behaviour while improvements in the offer, especially in terms of fresh foods and new own label ranges, have helped retain shoppers in post recessionary times. Check out some of the latest speciality foods I uncovered at the recent Real Food Festival in London - several have convenience written all over them.

Elsewhere, convenience is driving trends [literally]. In France, Chronodrive is expanding its pioneering drive-through store format. Customers place orders on line and collect at a designated store. The model chimes with French shoppers who tend to shop for food several times during the week and are frustrated by higher online prices and delivery fees.

Best practice and innovation in convenience and and forecourt retailing will be to the fore at the Insight NACS Future of International Convenience & Petroleum Retailing event in London in September. Read about the top flight presenters and executives and remember to book your place for what promises to be a master class in convenience.

Fiona Briggs, Editor, Global Convenience Store Focus

June 2010 Issue

Retail News

Research

Comment and opinion

Products

Products and events