Research And Markets Research And Markets

Petrol Forecourt Retailing Market Report

  • ID: 3797
  • January 1997
  • Region: United Kingdom
  • Key Note Ltd
1 of 2

Petrol forecourt retailing in the UK is embarking on a period of major change. Over the past 4 years, competition from supermarkets, price wars and the increased cost of oil on the international market has forced one in five stations out of business. In its search for reduced costs, the market has recently witnessed a major merger between BP and Mobil, and another involving Elf and Gulf Oil is expected to be ratified shortly.

To generate extra profit, the industry is focusing on the forecourt shop and pressure is now on to develop chains of high volume `superstations', with bigger forecourt convenience stores which offer a wider range of fresh and frozen food, groceries, convenience meals and other services.

Some of the oil majors, like Esso and Shell, are enlarging and redeveloping existing forecourt shops. Others, such as BP/Mobil and Elf, are testing new store concepts through alliances with major grocery retailers such as Safeway and Somerfield. Some smaller oil companies and independent dealers are turning to franchises with convenience specialists like Alldays, or symbol groups such as Spar, in order to compete.

Key Note estimates that in 1996 at current READ MORE >

Note: Product cover images may vary from those shown
2 of 2
Note: Product cover images may vary from those shown