Research and Markets: Convenience Store Retailing in China 2009: A Market Analysis - Order Now

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Wed Jun 24, 2009 10:19am EDT

DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/e99b83/convenience_store) has
announced the addition of the "Convenience Store Retailing in China 2009: A
Market Analysis" report to their offering. 

This report covers the convenience store retailing industry in the People's
Republic of China, including profiles of leading retail chains. 

This recently updated report includes:

* The total, regional and sector value for retail sales, including urban/rural
and food/non-food splits, up to the end of 2008; 
* Statistical data on leading retailer market shares by sales in China up to
2008; 
* Market data for each key provincial and urban region, in terms both of volume
retail trade and the value of the local economy, up to 2008; 
* Value forecast retail market, up to 2013; 
* Key current issues, and discursive analysis of the key factors affecting the
market; 
* The domestic industry examined by key statistical indicators, including number
of outlets and turnover, by sector and by key city; 
* SWOT analysis 
* Profiles of the leading supermarket companies active in China, with financial
data up to 2008 in most cases. 
* Overview of China's demographics and macroeconomics.

Based upon these recalculations of retail sales, and based upon the growth in
individual retail sectors as well as more recent macro-economic re-evaluations,
Access Asia estimates that between 1999 and 2008, China's total retail market
grew 280.94% in current terms to RMB8.50trn - representing a compound annual
growth rate (CAGR) of 16.02% over that period. 

China's convenience stores retailing industry continues to develop rapidly. New
chain store networks are now focusing on expanding outside large urban centres
as retailers extend their reach into many second- and third-tier cities, as well
as into provincial towns and rural villages. In the main cities, overcrowding of
the market has led to aggressive consolidation, as larger operators begin to
swallow up smaller players. 

Most convenience stores are run on a very low margin, and these chains'
inability to innovate in what products and services they provide makes them
unable to compete effectively and raise margins. Lack of back-of-store
efficiency also hinders competitive development. Thus, many chains are
financially vulnerable. Larger chains are beginning to aggressively target
competitors who they know cannot compete effectively because of poor liquidity
and poor management, in order to take them out of the market, and free up market
share. 

China's total convenience store industry, based upon our own estimates
themselves based largely on company and China Chainstore and Franchise
Association data, comprised nearly 330,000 stores in 2008 (including rural
retail development programme stores), with total retail sales valued at
RMB100bn, this representing about 8.7% of total retail outlets in China, but
only 1.7% of the total value of the retail market in China in 2008. 

Key Topics Covered:

* INTRODUCTION 
* NATIONAL CONVENIENCE STORE MARKET 
* CURRENT ISSUES 
* MARKETING & DISTRIBUTION 
* COMPANY PROFILES 
* CONTACTS 
* APPENDIX: MARKET BACKGROUND

For more information visit
http://www.researchandmarkets.com/research/e99b83/convenience_store



Research and Markets
Laura Wood, Senior Manager
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716
press@researchandmarkets.com


Copyright Business Wire 2009

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