DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/x5dn2z/convenience_store) has announced the addition of the "Convenience store 2020: Centre of the local ecosystem" report to their offering.
This report will allow you.
- Demonstrate how to protect the investment into bricks and mortar by using the convenience store as an ecosystem centre
- Tell you what convenience shoppers are looking for in future
- Help you to mitigate risk, minimise nasty surprises and shocks
- Show you where the growth spots are and how to exploit them
- Highlight innovative ideas that should not be missed and those that probably won't work too well
- Help you to learn from the mistakes of others
- What missteps to avoid and what successes to copy explain current best practise to benchmark your own performance against the best in the business
KEY QUESTIONS ANSWERED:
- Among the various convenience types, which is the fastest growing convenience location? Petrol stations? Neighbourhood stores or travel hubs? And what is the reason for this rapid growth? Moreover, will it continue? What are the risks?
- What do Japanese convenience operators do really well? What can all others learn from their innovations? Which risks have they mitigated that will affect the rest of the world over years to come?
- Which is more important for a convenience store operator? Catchment centricity? Shopper centricity? Or location centricity?
- What are the low hanging fruit in terms of supply chain optimisation around convenience stores? Especially in terms of multichannel integration? What about travel hub locations? What will happen over the next 5 years - especially at the multichannel, multi-format retail giants? How can they utilise the convenience store as part of their customer centric supply chain?
- Where will convenience concepts go over the next 5 years? What trend crossovers can we expect from self check outs? Will shopping become even more automated and if so how?
- Is food service always the best option to generate growth for convenience operators? What are the drawbacks? Should convenience stores become cafes as well? Is fast casual the way forward?
- What effect have gas price rises on the different convenience store locations? Which location benefits, which does worst? And what can be done about this?
- How can convenience store operators establish an ecosystem and walled garden around their stores?
- Which EU, Asian and US convenience store retailers already have best practice concepts up and running? Who is operating totally integrated, holistic solutions from store location to private label proposition to time sensitive stock management and offers? What can be learned from them?
- Why is click & collect the perfect addition to convenience? How can lockers work for a big basket shop and how can they extend opening hours? Should these lockers be in the store or rather on the outside accessible 24/7?
- What is best practice in community retailing in convenience stores? How can convenience store retailers become totally embedded and immersive and generate community based loyalty? Who is the outstanding player in this respect?
- What are the big risks and threats to the current convenience store model? What can convenience store operators do about encroachment from discounters and drug stores and from regulatory creep?
Key Topics Covered:
- Executive summary
- Creating an ecosystem around the convenience store
- Click & collect: the footfall driver
- Extended aisle: QR code walls and Augmented Reality
- Catchment centricity: Travel hubs - the fastest growing convenience location
- Joined up thinking: Private Label & Convenience
- Community & the environment: Thornton's Budgens
- The food service opportunity
- Threats to the model
- Future of convenience: Beyond the realms of the traditional store
- Sources
For more information visit http://www.researchandmarkets.com/research/x5dn2z/convenience_store
