Convenience Stores in New York - Industry Market Research Report

  • ID: 4578163
  • Report
  • Region: New York
  • 33 pages
  • IBISWorld
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For your convenience: Operators have altered product mixes and store formats, increasing demand

Convenience Stores in New York

Operators in the Convenience Stores industry in New York primarily retail items such as tobacco, beverages, household products and a limited amount of groceries in convenient locations that are typically open over extended hours. With the relative size and accessibility of convenience stores, operators have deftly adapted by altering product mixes and store formats to reflect the changing business environments in their respective communities. In this way, several industry operators have spurred demand by offering an increasing variety of fresh and healthy products, as well as convenience. Industry revenue is expected to grow over the five years to 2022, however competition from larger retailers and online services that are able to maintain lower costs is expected to force industry operators to continue altering product mixes and advance their food options at a faster rate to remain competitive.

Operators in this industry are retail businesses that primarily sell basic food, beverage and tobacco merchandise in convenient locations that are generally open during extended hours. This report excludes gas stations (IBISWorld report 44719), gas stations with convenience stores (44711), grocery stores (44511) and small kiosks.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
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