2021 Impact Of Covid-19 On The Convenience, Mom And Pop Stores Market Growth
Posted by ramtbrc on May 21st, 2021
The Convenience, Mom And Pop Stores Global Market Report 2020-30 by The Business Research Company describes and explains the global convenience, mom and pop stores market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Convenience, Mom And Pop Stores Global Market Opportunities And Strategies Report covers convenience, mom and pop stores market drivers, convenience, mom and pop stores market trends, convenience, mom and pop stores market segments, convenience, mom and pop stores market growth rate, convenience, mom and pop stores market major players, and convenience, mom and pop stores market size.
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The convenience, mom and pop stores market report focuses particularly on identifying the trends, opportunities, and strategies that can lead to success. O&S reports are available off the shelf and can be delivered to clients on the day of purchase.
Convenience, Mom And Pop Stores Global Market Opportunities And Strategies Report is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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Trends in the market include:
Offering Fresh, Food-To-Go And Evening Meal Options-
Convenience, mom and pop stores are increasingly offering fresh, food-to-go and evening meal options to entice customers and to increase their revenues. To meet the changing consumer preference and to be more convenient for customers, convenience stores are increasingly providing their customers more food options. According to a study by Data essential in 2018, 36% of consumers frequently buy prepared foods when they visit c-stores, and 35% do so occasionally. Companies such as 7-Eleven, known for its slurpees and hotdogs, recently started selling locally made items in select markets, including chipotle chicken bowls, chicken parmesan and macaroni and cheese, to serve a more diverse set of consumers and thus increase their revenues.
Increasing Brand Partnerships -
Convenience, mom and pop stores are increasingly entering into agreements with brands such as Starbucks and Krispy Kreme for mutual benefits. To increase their brand awareness big brand manufacturers such as Starbucks, Krispy Kreme and Costa Coffees increasingly allow small convenience stores to sell their products. The convenience stores get more sales on these products as they are well known. In 2016, Krispy Kreme Doughnuts had announced a partnership with TSW Foods LLC, a convenience store chain in the US to bring Krispy Kreme brand packaged sweet treats such as snack bags, honey buns and single-serve pies to convenience stores across the United States.viii Dunkin Doughnuts has also collaborated with chains such as Price Chopper, to increase their brand awareness
The market is segmented
a. Convenience Stores
b. Mom And Pop Stores
a. Retail Chain
b. Independent Stores
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Joined: July 1st, 2020
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