The convenience stores combined with gasoline stations that raised hue and cry earlier are quite common now. These combined services stores have completely redefined the conventional drug and departmental stores. The combined service offered by the c-stores is a revolutionary step towards the retail industry.
Theoretically, it might sound as a straightforward option to go for combined services stores in order to achieve high sales. Practically speaking, the objective can be attained only when the employees work hard towards customer’s satisfaction.
The present convenience industry is a result of a lot of hard work and proper implementation of right strategies taken on by storeowners. The reason why the industry is growing can be attributed to the adoption of new technologies and modification of store functionality to meet customer needs.
A recent report published by RNCOS titled “Convenience Stores Market – Worldwide (2005-2008)" discovers that the total number of food related stores sponsored by 30 global operators have risen to 23%. The convenience multiples and co-operatives have also grown to 18% & 15% respectively.
The report offers a comprehensive review of the current industry practices all over the world. It also discusses the efforts that the convenience retailing business is making in order to handle the array of issues raised by this latest phenomenon in the retail industry.
Managers of world’s most successful and famous C-stores have been building up their business strategies, for the past five years, on significant criteria namely value for customers/shareholders/employees, product assortment, quality and service.
The report also offers company profile of 10 global vendors, which includes their business & financial overview, key management officials, strategies & Initiatives.
As per the report the convenience store market in Asia, which includes countries such as India, Indonesia, China and Vietnam & other developing countries, is expected to record an impressive growth in the next 5 years. The huge consumer markets in these countries have opened the doors for marketing channels and manufacturers from all over the world.
What are the latest technological developments that are taking place in the convenience stores industry? What are the emerging trends for launching a convenience store? What type of products is sold by these convenience stores? The report answers all the above questions and a lot of other relevant issues.
To purchase your copy: http://www.rncos.com/Report/CP09.htm
