US Convenience Stores to See Over 25% Growth by 2013 by Shushmul Maheshwari

US Convenience Stores to See Over 25% Growth by 2013
by: Shushmul Maheshwari

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

We have found that the lifestyle of Americans is getting hectic day by day and the working population has reached around 150 Million (around 50% of the total US population). We expect that this share of working population will increase in coming years, which in turn, create more demand for convenient shopping. Of the overall retail sales in the US, convenience stores had a share of around 14% in 2008, which is expected to grow in coming years mainly due to rising popularity of the convenience stores.

As per our research report, the Southern region continues to dominate the US convenience stores industry at the regional level as it accounted for around 50% of the total convenience stores in the country. At state level, District of Columbia, Arizona and California has the highest growth potential in convenience stores developments for coming years.

With spiraling prices, sales of gasoline have significantly surged and will play an important role to achieve US$ 800 Billion mark by the convenience stores industry. Gasoline accounts for more than 90% of total motor fuel sales in the US. Moreover, motor fuel operations continue to be a vital part of the industry despite falling margins of retailers.

"U.S. Convenience Stores Market Outlook to 2013" is an extensive research and in-depth analysis of the convenience stores industry. The report discusses market trends to help clients analyze the leading-edge opportunities for the growth of overall convenience stores industry. It will largely help investors and global retailers to navigate through the evolving convenience stores industry in the country.

The report supplements the past and current data of the US convenience stores industry with forecast for various important industry aspects, including the market size of convenience stores industry, in-store sales, retail industry, middle class population, working population in US, GDP per head, personal disposable income, number of Internet users and breakup of population.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM184.htm

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About The Author

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

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