The overall U.S. retail industry [image-nocss] recorded the biggest sales decline since the second half of 2008 and the situation got further worsened by low consumer confidence on account of global financial meltdown, said the report. While the overall c-stores sales in the United States an "impressive" growth of around 8% in 2008, the in-store sales registered a growth of around 3% over the same period, RNCOS said.
The busy lifestyle of Americans is the major driving force behind the growth of the U.S. c-store industry, it added. C-stores provide convenience in shopping as well as save time, so people don't hesitate to pay a little bit extra while shopping at these stores, it said. Particularly, the increasing popularity of food-to-go, takeaways, snacks and ready-to-eat meals presents a major opportunity for the future growth of the industry. Thus, c-stores have benefited a lot from changing consumers habits of shopping, eating and drinking while on the go.
Delhi, India-based RNCOS said that it expects the working population in the United States will reach 153 million by 2012, leading to an increased demand for c-stores.
"U.S. Convenience Stores Market Outlook to 2013" gives an overview of the industry and studies the market trends to help clients analyze opportunities. The report supplements information with forecasts on various industry aspects, including the market size of c-store industry, in-store sales, retail industry, working population in the United States middle-class population, breakup of population, personal disposable income and gross domestic product (GDP) per head and more.
For free sample of this report, visit www.rncos.com/Report/IM184.htm.
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