Continuing inflation will have less impact on the neighbourhood sector than other locations. Shoppers tend to be less price sensitive in neighbourhood stores, prioritising convenience over low prices. Moreover, these stores benefit from distress purchases – unplanned and urgent shopping trips, where immediate needs negate price sensitivity.
As the neighbourhood market becomes more mature for Sainsbury’s and Tesco, they are improving their offer to maximise sales. However, what is really driving innovation in the sector is the entry of new players – changing expectations of a multiple’s neighbourhood store. Waitrose and Morrisons have introduced a focus on fresh and quality products.
Symbol groups ability to maintain a lower level of member churn will be key to future growth. By improving their product ranges and support packages, symbol operators will encourage more retailers to remain with them.
Your key questions answered
· Understand the changing dynamics of the location, its composition and key charactestics of shoppers in neighbourhood
· Analyse the impact of the ongoing and evolving growth of grocers in the sector. How will this impact range development?
· Assess strategies for survival as an independent retailer
Request a Sample for or Inquire before buying the report@UK Neighbourhood Retailers Market http://www.reportsnreports.com/reports/144537-uk-neighbourhood-retailers-2012.html
Features and benefits
· 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
· Profiles of key players operating in the location, including operating statistics, recent key events and outlook and market shares for 2007 to 2012
· Comprehensive analysis of the issues impacting the market, identifying emerging trends and growth opportunities, recommending strategies for success
Major points covered in Table of Contents of this report include:
EXECUTIVE SUMMARY
KEY ISSUES & OUTLOOK
NEIGHBOURHOOD VS OTHER LOCATIONS
MARKET ANALYSIS & FORECAST
CONVENIENCE STORES SUB SECTOR & FORECAST
TRADITIONAL RETAILING SUB SECTOR & FORECAST
COMPANY DATA ANALYSIS
BOOTS
COSTCUTTER
LLOYDS PHARMACY
MARTIN MCCOLL
MUSGRAVE
PREMIER (BOOKER)
SAINSBURY’S
SPAR
TESCO
THE CO-OP
OTHER KEY SYMBOL GROUPS
Explore Comprehensive list of more than Tables & Figures available in the report @ http://www.reportsnreports.com/reports/144537-uk-neighbourhood-retailers-2012.html
Report Details :
Published: January 2012
No. of Pages: 50
Price: Single User License – US $ 2000
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