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UK Neighbourhood and Convenience retail | Verdict Channel Report

  • April 2014
  • -
  • GlobalData
  • -
  • 55 pages

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Summary
Neighbourhood and convenience retail remain fast growth markets, especially when compared to the rest of the physical retail sector. Over the next five years, the structure of the market will shift as multiple retailers continue to take advantage of growth and expand quickly.

Key Findings
- Key metrics of neighbourhood retail: sales growth, space, store numbers, store sizes and sales densities

- Analysis of convenience stores and small grocers, off-licences, CTNs, food specialists and pharmacies in neighbourhood locations

- Comprehensive analysis of the issues impacting the market, identifying emerging trends and growth opportunities, recommending strategies for success

Synopsis
Tesco remains the convenience market leader and will have more than doubled its sales through convenience in the five years to 2014e, overtaking The Co-op, SPAR and Musgrave. These retailers have seen sales growth over the past five years, but they have been unable to keep up with the rapid expansion of the sector.

Legislation will impact smaller neighbourhood and convenience stores over the coming years, especially those focusing on grocery products.

Reasons To Buy
- Analyse the impact of the ongoing and evolving growth of grocers in the sector. How will this impact range development?

- Who are the leaders of the UK convenience and neighbourhood markets

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