Opinion on Convenience Stores, Neighborhood Stores and Gas Stations in Europe

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Type Product title / description Pub Price
CommentWire
CommentWire

TOTAL: network sale brings UK service station market shake-up

The Rontec Investments consortium has agreed to purchase TOTAL's 810 UK service stations. Upon the completion of the deal, Rontec Investments will immediately sell 254 of the service stations to Shell, solidifying the latter's market position. Concurrently, with Snax 24 gaining a 6% network share through the deal, the UK fuel retail industry may see a rise in competition from independent players.

Published By Datamonitor
12 Jul 2011
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Expert View

BP: the UK, Germany, and Switzerland go contactless

Oil giant BP is to introduce contactless payment terminals instore at all of its service stations in the UK, Germany, and Switzerland; a total of 3,984 company- and dealer-owned sites. If the roll-out is a success, BP could take measures to lift the current E25 limit imposed on contactless payments, in order to capture a larger proportion of fuel sales, rather than just shop purchases.

Published By Datamonitor
28 Jun 2011
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Expert View

Are UK consumers fully convinced by forecourt shops?

Given the rising top-up shopping trend, the UK's convenience retail industry is expanding rapidly. However, fuel retailers have not been able to fully exploit the opportunity, and their efforts thus far have been inadequate in changing consumers' unfavorable perceptions of forecourt shops.

Published By Datamonitor
27 Jun 2011
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Expert View

European service stations should turn to payment technology to address queuing times

Over the last five years, thousands of petrol stations have closed across Europe, while the number of cars on the road during this period has increased substantially. Unless new and faster payment methods are introduced, long queues at the pump could soon become the norm.

Published By Datamonitor
24 May 2011
CommentWire
CommentWire

Auchan: targeting demand for convenience with new urban hypermarket concept

Auchan has launched a new city center large store format in France that looks set to fulfill consumers' growing demands for convenience. The format, which complements Auchan's existing French portfolio of hypermarkets and out of town click and collect warehouses, looks capable of competing with competitors' initiatives to target urban consumers due to its superior range and its focus on freshness.

Published By Datamonitor
07 Apr 2011
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Is a Lukoil/X5 collaboration on the horizon?

Russian oil giant Lukoil is reportedly in discussions with the country's biggest food and grocery retailer, X5 Retail Group, for a potential partnership in the area of non-fuel retail at its service stations. If the joint venture goes ahead, it will give Lukoil a competitive advantage in an area of the service station business in which oil companies often find themselves struggling.

Published By Datamonitor
06 Apr 2011
CommentWire
CommentWire

Chronodrive: launching a new urban click and collect format for pedestrians

Online suburban warehouse grocer Chronodrive has announced plans to launch a new urban collection point in Lille. This will be the first time Chronodrive has targeted pedestrians and cyclists hoping to purchase a smaller number of items online. The new urban format holds potential to further develop click and collect services in France, by widening their appeal beyond just motorists.

Published By Datamonitor
01 Dec 2010
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Retail locations: out-of-town remains the prime location for retail growth

Over the last 10 years, out-of-town has consistently outperformed both town center and neighborhood, with average annual growth of 2.5% between 2004 and 2009, compared with 1.4% for neighborhood and 0.2% in town centers. Verdict expects out-of-town to continue to outperform due to food & grocery reliance, its relevance as a click & collect point, and the entrance of new retailers to the sector.

Published By Datamonitor
25 Nov 2010
CommentWire
CommentWire

Stokes: closure hints at wider troubles faced by independent food specialists

The collapse of Stokes greengrocers has brought to light the difficult market conditions in which food specialists are currently operating, as multiples and symbol groups expand in neighborhood locations. As traditional players fight to maintain relevance, Verdict believes that survival in the convenience market will depend on differentiation and specialization.

Published By Datamonitor
03 Nov 2010
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BP: looking to divest its service station network?

In the wake of the Gulf of Mexico oil disaster, industry speculation is rife that BP is considering selling more of its downstream assets in order to generate some much-needed cash. While a wholesale divestment of its service stations is unlikely due to the level of integration in a number of BP's markets, the financial situation could force BP's hand in less key regions.

Published By Datamonitor
06 Aug 2010

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