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Convenience Stores in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Convenience Stores in Canada Market Research Report | NAICS 44512CA | Feb 2016

Minor inconvenience: The industry will lose customers to lower-price competitors

The Convenience Stores market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 11-16
0.4%
Annual Growth 16-21
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Profit
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Employment
48,103
Businesses
12,998
Industry Analysis & Industry Trends

The Convenience Stores has struggled to overcome slow demand over the past five years. While per capita disposable income has improved and the national unemployment rate has continued to drop, consumers have remained wary of spending money at convenience stores because they typically carry higher markups than competing grocery or mass merchandise stores. While the economy is expected to improve over the next five years and provide a boost to the industry, increased regulation, competition and continued acquisition activity will limit growth... purchase to read more

Industry Report - Industry Investment Chapter

The Convenience Stores industry relies more on labour than physical assets to sell goods; for every dollar spent on labour, only about $0.11 is spent on capital. However, during the past five years, the industry has decreased its level of capital expenditure. The industry's most recent capital expense was the investment in point-of-sale (POS) systems, which took place prior to five-year period for most industry operators. The introduction of POS systems has simplified labour tasks and minimized the potential for employee mistakes. Further, more minor advances have come from introduction, development and maintenance of websites for marketing purposes, as well as for the online sale of company merchandise... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Convenience Stores Industry?

This industry consists of retail businesses that primarily sell basic food, beverage and tobacco merchandise in convenient locations during extended hours of operation. This report excludes gas stations, gas stations with convenience stores, grocery stores and small kiosks. See IBISWorld report 44711CA for information on gas stations with convenience stores and IBISWorld report 44719 for information on standalone gas stations.

Industry Products
Tobacco productsFood serviceBeveragesCandy and snacksLiquor, drugs and other itemsOther products
 
Industry Activities
Retailing tobacco and tobacco productsRetailing dispensed and bottled beveragesRetailing prepared foodRetailing food prepared onsite for immediate consumptionRetailing OTC medication and other sundries


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