The c-store sector is outperforming the rest of the grocery industry, according to the IGD’s annual Convenience Retailing report published this week.
It valued the UK c-store market at £21.5bn at December 2002, up 4.1% on the previous year, compared with the overall grocery market which grew by 2.9% over the same period. However the c-store sector’s share of the £106.8bn overall market was stable at 20.1%.
The biggest winner within the sector was co-operatives which boosted its share from 5.6% to 9% mainly through the acquisition of Alldays by the Co-operative Group. Symbol groups also added substantially to market share, growing from 22.5% to 24.3%.
Although multiple c-stores lost substantial market share, down from 11.9% to 9.3%, due to the Alldays deal, IGD said this masked background growth in the sector.
The findings of the Convenience Retailing report are put in context by another piece of research, the UK Grocery Retail Structure May 2003, which is published as a loose insert in this week’s issue of The Grocer.
It gives a definitive run down of all the retailers within the sector and the number of stores they run.
The annual report is compiled using the resources of The Grocer’s parent company, William Reed Publishing, the IGD and all the leading research companies covering grocery.
If someone has already grabbed your copy of Grocery Retail Structure May 2003, you can obtain a replacement by ringing 01293 610423.
It valued the UK c-store market at £21.5bn at December 2002, up 4.1% on the previous year, compared with the overall grocery market which grew by 2.9% over the same period. However the c-store sector’s share of the £106.8bn overall market was stable at 20.1%.
The biggest winner within the sector was co-operatives which boosted its share from 5.6% to 9% mainly through the acquisition of Alldays by the Co-operative Group. Symbol groups also added substantially to market share, growing from 22.5% to 24.3%.
Although multiple c-stores lost substantial market share, down from 11.9% to 9.3%, due to the Alldays deal, IGD said this masked background growth in the sector.
The findings of the Convenience Retailing report are put in context by another piece of research, the UK Grocery Retail Structure May 2003, which is published as a loose insert in this week’s issue of The Grocer.
It gives a definitive run down of all the retailers within the sector and the number of stores they run.
The annual report is compiled using the resources of The Grocer’s parent company, William Reed Publishing, the IGD and all the leading research companies covering grocery.
If someone has already grabbed your copy of Grocery Retail Structure May 2003, you can obtain a replacement by ringing 01293 610423.
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