The Convenience Stores industry in Canada has struggled to overcome slow demand over the past five years. While per capita disposable income has improved and the national unemployment rate has continued to drop, consumers have remained wary of spending money at convenience stores, because they typically carry higher markups than competing grocery or mass merchandise stores. While the economy is expected to improve over the next five years and provide a boost to the industry, increased regulation, competition and continued acquisition activity will limit growth.
This industry consists of retail businesses that primarily sell basic food, beverage and tobacco merchandise in convenient locations during extended hours of operation. This report excludes gas stations, gas stations with convenience stores, grocery stores and small kiosks. See IBISWorld report 44711CA for information on gas stations with convenience stores and IBISWorld report 44719 for information on standalone gas stations.
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.