Free press releases distribution network?

More news: Retail/Wholesale
Agency / Source: RNCOS E-Services (P) Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



NACS - C-Store Industry Sales Hit US $569 Billion Mark Last Year - Convenience store industry is growing at an impressive pace and recorded unprecedented sales of US$ 569 Billion in 2006 according to the National Association of Convenience Stores (NACS)
NACS - C-Store Industry Sales Hit US $569 Billion Mark Last Year

 

PRZOOM - /newswire/ - Delhi, New Delhi, India, 2007/05/03 - Convenience store industry is growing at an impressive pace and recorded unprecedented sales of US$ 569 Billion in 2006 according to the National Association of Convenience Stores (NACS).

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Retail/Wholesale Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

In 2006, convenience store (C-Store) industry witnessed a remarkable surge of 15% over the previous year (2005). Representing a consecutive four-year growth, industry sales nearly doubled in comparison to US$ 290.6 Billion in 2002 and reached US$ 569.4 Billion in 2006, as per the data released on April 11, 2007 by the NACS (National Association of Convenience Stores).

Even though sales topped US$ 0.5 Trillion mark for the 1st time ever, industry profits in 2006 slashed 23.5%, dropping to US$ 4.8 Billion. The decline was particularly attributable to a drop in the margins from motor fuels, and an unremitting rise in credit card fees that now exceed industry profits. Credit card fees rose 22% and reached US$ 6.6 Billion in 2006, as per NACS.

Pushed by 17.9% surge in the sales of motor fuels, which increased to US$ 405.8 Billion in 2006, the increase of US$ 74.1 Billion remains the largest annual increase recorded ever. The growth in motor fuels sales surpassed the 13% increase in the prices of motor fuels reported by the US Dept. of Commerce. This means that the C-Store industry continually spurred the market share of motor fuels - estimated to be 82% at present.

In-store sales too showed solid growth in 2006 and exceeded the sales growth of almost all rival retail channels, as reported by the US Dept. of Commerce. Sales of industry merchandize rose 8.7% whereas food service sales increased 5%.

According to RNCOS report “Convenience Stores Market - Worldwide (2005-2008)”, “Of the total C-Stores, 112,007 or 79.6% sell motor fuels, however, in 2006 the number of stores that sell motor fuel came down slightly from 80.2% in 2005. This slight decline is probably an indication of industry’s evolution as the industry looks for new locations that do not necessarily support fueling. So, the industry doesn’t have to depend on motor fuels to increase its revenues and the growing food services segment can be included as a vital source of revenue for the industry.”

Key facts and issues that RNCOS report Convenience Stores Market - Worldwide (2005-2008)” analyses include: C-Store products’ sales at global level, major potential markets for C-store industry, opportunities and challenges before global convenience store industry, etc.

About RNCOS E-Services Pvt Ltd.

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

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Retail/Wholesale Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: RNCOS E-Services (P) Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Retail/Wholesale articles,
CATCH Visitors via Your Competitors Announcements!


NACS - C-Store Industry Sales Hit US $569 Billion Mark Last Year

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Shushmul Maheshwari 
+91 12 04224700 press[.]rncos.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any RNCOS E-Services (P) Ltd securities in any jurisdiction including any other companies listed or named in this release.

Retail/Wholesale via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From RNCOS E-Services (P) Ltd / Company Profile


Read Retail/Wholesale Most Recent Related Press Releases:

Retail IT Specialist Detego Launches New Software for Omni - Channel Retailing
Author & CEO of Market Viewpoint, Angela Megasko Presents At MSPA-NA’s Annual Shopperfest in Las Vegas, Nevada
Oracle and Snapchat Measure Impact of Snap Ads On Sales in Stores
Russian Grocery Leader O’KEY Selects JDA to Drive Higher Sales and Profits
Rose Pharmacy Leverages JDA Merchandise Management System to Improve its Customer-centric Focus
RAANGE Interactive Secures One Million Customer Leads in 6 Months for Retailers
ARCH Design Relocates to 30,000-Square-Foot Facility
Azoth Analytics Releases 2015-2020 Global Handbags Market Trends, Opportunities and Forecasts
Belle Lingerie Celebrates 10 Years of Online Trading
iControl Recognized as One of the Best Entrepreneurial Companies in America by Entrepreneur Magazine

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  BizJobs.com

Visit  Triggr & Bloom

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today