Category: Convenience Stores
Convenience Stores market research reports by Euromonitor International
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Convenience Retailers in Chile
Convenience retailers in Chile continued on its positive growth path in 2024, with brands enjoying an increase in both outlet and value sales terms. This trend was applicable to both convenience stores and forecourt retailers, driven by greater mobility and busy lifestyles. Convenience retailers ben ... Read More
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Convenience Retailers in Turkey
In 2024, convenience stores registered significant value sales growth in Turkey, driven in part by several new outlets opening. The compact size of these stores makes it easier to find suitable locations, and their widespread presence in numerous neighbourhoods allows them to capture market share fr ... Read More
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Convenience Retailers in Hungary
Following three years of robust growth, convenience retailers in Hungary posted a marginal decline in current value sales in 2024. While this downturn was partly explained by the easing of inflationary pressures, it also reflected the increasing challenge players in the dominant channel of convenien ... Read More
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Convenience Retailers in Malaysia
Convenience retailers in Malaysia continued to benefit from the opening of more stores located closer in terms of proximity to the neighbourhoods in which consumers live. Rapid expansion of closer proximity stores has been joined by aggressive promotional activities, in order to offer lower prices o ... Read More
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Convenience Retailers in the Philippines
Convenience retailers in in the Philippines recorded a dynamic performance in current value terms in 2024. This was largely attributable to the aggressive activities of incumbent players, such as Philippine Seven Corp and SM Retail. which continued with their expansion plans for their 7-Eleven and A ... Read More
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Convenience Retailers in Thailand
Urbanisation played a key role in supporting the growth of convenience stores in Thailand in 2024 with the channel seeing strong gains both in current value terms and in terms of the number of outlets. Increasingly hectic lifestyles and the rise of on-the-go consumption have significantly fuelled th ... Read More
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Convenience Retailers in Colombia
Convenience retailers are still a relatively new concept in Colombia. In 2024, this was the most dynamic channel within grocery retailing, driven by aggressive outlet expansion from the leading convenience chain OXXO, owned by Cadena Comercial OXXO Colombia SA. OXXO aimed to have over 620 outlets in ... Read More
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Convenience Retailers in Italy
Convenience stores in Italy saw positive growth in 2024 with an increase in current value terms and in the number of outlets. This growth was fuelled by Italian consumers returning to busier on-the-go lifestyles, with more consumers returning to the workplace in 2024. This growth was also fuelled by ... Read More
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Convenience Retailers in Sweden
Convenience retailers maintained positive growth in Sweden in 2024, albeit at lower value levels than seen in 2023 due to the stabilisation of prices in line with lowering inflation levels. In line with stabilising inflation and prices, consumers are seeing growing real wages and, once again, enjoyi ... Read More
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Convenience Retailers in Poland
Within convenience retailers in Poland, 2024 saw convenience stores navigating a challenging landscape characterised by fierce competition, aggressive price wars from discount retailers and subdued consumer demand. Despite these obstacles, their proximity to residential areas continues to be a signi ... Read More
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Convenience Retailers in Romania
Convenience retailers registered healthy current value growth in Romania in 2024, though constant value growth was much more modest. Though inflation eased, it was still significant, and consumers were cautious about their spending and prioritised the basics and appreciated the proximity of convenie ... Read More
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Convenience Retailers in Brazil
Convenience retailers in Brazil saw significant growth in revenue in recent years, and solid but slower growth was seen in 2024, as consumers looked to shop for essentials close to home. Both forecourt retailers and convenience stores saw growth in 2024, although the latter saw the better performanc ... Read More
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Convenience Retailers in Bulgaria
In 2024, consumer spending patterns in Bulgaria remained heavily influenced by persistent grocery price inflation, leading to increased price sensitivity. Shoppers, particularly those on tighter budgets, demonstrated a strong preference for supermarkets and discounters, where regular promotions and ... Read More
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Convenience Retailers in China
Convenience retailers in China witnessed continued double-digit current value growth and an increase in outlet numbers in 2024, with rises for both convenience stores and forecourt retailers. This was mainly due to substantial growth in lower-tier cities. This can partly be attributed to macroeconom ... Read More
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Convenience Retailers in Argentina
Convenience retailers in Argentina were affected by 20242’s complex economic context, with triple-digit inflation significantly eroding consumer purchasing power. During the year, the challenging economic environment benefited convenience stores, with local consumers shifting to these outlets as the ... Read More
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Retail in the US
In September 2024, the US Federal Reserve lowered the federal funds rate for the first time since March 2020, signalling a near end to the inflationary macroeconomy. While inflation showed signs of abating, grocery prices remained on average about 25% higher than 2019 levels, according to the US Dep ... Read More
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Convenience Retailers in the US
The value sales of convenience retailers are split between forecourt retailers, which includes fuel stations, and convenience stores, which does not. It includes merchandise sales only, excluding foodservice and fuel sales. Under these definitions, current value growth for forecourt retailers remain ... Read More
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Convenience Retailers in France
Convenience retailers outperformed the overall market in current value terms in 2024. With a smaller product assortment than supermarkets and hypermarkets, these stores are primarily located in city centres, urban neighbourhoods, and rural areas, mostly operated by franchisees and independent owners ... Read More
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Convenience Retailers in Canada
Convenience retailers in Canada registered a decline in retail current value sales in 2024. Nonetheless, retail current value sales remained higher than the 2019 pre-Coronavirus (COVID-19) level for both convenience stores and forecourt retailers at the end of the review period. Meanwhile, the numbe ... Read More
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Convenience Retailers in Belgium
Convenience stores scored strong growth in current value terms in 2023 as the country reopened after the pandemic and consumers returned to busier lives away from the home. However, this positive performance was also driven by inflation-based price increases. In 2024, as prices stabilised, convenien ... Read More
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Convenience Retailers in Finland
While overall grocery retailing in Finland saw some growth in retail sales price (RSP) terms in 2024, convenience stores registered a second consecutive year of decline. Furthermore, the decline was more severe than in 2023, with much of the decline attributed to falling sales in forecourt retailers ... Read More
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Convenience Retailers in Spain
Proximity to consumers proved beneficial for convenience retailers in Spain in 2024. Sales through convenience stores benefited from the trend towards carrying out smaller and more frequent shopping trips. Some consumers saw this as a way to better manage their budgets, while it also reduced the nee ... Read More
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Convenience Retailers in Ireland
In 2024, convenience retailers in Ireland experienced retail value growth of 3% in current terms. This positive result was aided by inflation stabilising, which supported consumption of grocery goods. Due to proximity to neighbourhoods and longer opening hours, convenience retailers continued to att ... Read More
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Convenience Retailers in Austria
In 2024, retail value sales through convenience retailers in Austria recorded growth of 5%. However, a challenge for the channel is the highly regulated opening hours in Austria. Retail stores may only be open for a total of 72 hours per week and typically not before 6 a.m., after 9 p.m. or on Sunda ... Read More
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Convenience Retailers in Greece
Convenience retailers saw current value growth in Greece in 2024. Leading Greek supermarket players have recognised the power of convenience stores and invested in them, expanding their networks through franchise models. To meet evolving consumer demand, convenience stores have also expanded their p ... Read More