Working Population to Drive Convenience Store Industry in US

Growing working population in the US is boosting the sales at convenience stores, says RNCOS.

Delhi, India, August 05, 2009 --( RNCOS, a leading industry research firm for major industry sectors, has recently released a new report "U.S. Convenience Stores Market Outlook to 2013", which states that growing working population in the US is driving the convenience store industry. Despite being the major victim of the economic slowdown, the convenience store industry has seen moderate sales growth of over 8% in 2008 over 2007.

As per their research report, the US convenience stores industry is growing positively at such a time when all other industries of the world are facing the downturn. Increasing working population which leads to busy lifestyle is calling for people to save time in everything. Besides conserving time, convenience stores provide convenience in shopping. With the increasing commuting and travel time, many consumers are looking out for ways to minimize the effect of this on their leisure time by multi-tasking while traveling. Hence, convenience stores have benefited a lot as consumers are increasingly willing to shop, eat and drink while on-the-go.

The report further anticipates that the working population in the US will cross the 150 Million mark by 2012. Thus, as the working population will increase, it definitely raises the demand for convenience stores.

"U.S. Convenience Stores Market Outlook to 2013" is an extensive research and in-depth analysis of the US convenience store industry. The report discusses the market trends to help clients analyze the leading-edge opportunities in the US convenience store industry. The report will largely help investors and global retailers to navigate through the evolving convenience store industry in the country.

The report supplements the past and current data of the US convenience store industry with forecast for various important industry aspects, including the market size of convenience store industry, in-store sales, retail industry, middleclass population, working population in US, GDP per head, personal disposable income, number of Internet users and breakup of population.

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About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

Shushmul Maheshwari
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