Convenience Stores in the US - Industry Market Research Report

Convenience Stores in the US - Industry Market Research Report

  • March 2017
  • 37 pages
  • Ibisworld
Report ID: 198909
Added convenience: Changing product mixes and higher incomes will boost demand

Abstract
Convenience Stores in the US
To combat recent competition, the Convenience Stores industry has offered convenience, value and a variety of fresh and healthful products. The small size and accessibility of convenience stores enable operators to adapt to changing environments and consumer preferences, making them more resilient than supermarkets and other food retailers.

However, high competition has negatively affected profit margins, despite consolidation and the sale of higher-margin goods. As the economy recovers and disposable income levels rise, consumers are expected to turn to the convenience of industry establishments. Cigarette unit sales are expected to decline further, as health concerns and higher prices deter consumers from smoking. Despite declining cigarette sales, smokeless tobacco use is growing and will aid revenue growth in the coming years. Operators in this industry are retail businesses that primarily sell basic food, beverage and tobacco merchandise in convenient locations that are generally open during extended hours. This report excludes gas stations (IBISWorld report 44719), gas stations with convenience stores (44711), grocery stores (44511) and small kiosks.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY



MAJOR COMPANIES

7-Eleven Inc.

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Country=UnitedStates Industry=FoodRetailing ParentIndustry=FoodRetailing Date=201703 Topic=MarketReport Publisher=Ibisworld Price=1000