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Market Overviews 22 minutes premium

Sector Overview: Convenience Stores — Technology Adding Greater Convenience

Coresight Research

Key Points

Each of our Sector Overview reports provides an essential briefing on a sector or market. This report focuses on the convenience store sector.

  • Convenience stores are adapting to consumers who live in an increasingly digitalized world and who demand high-quality offerings and more convenience.
  • Incumbent retailers are responding by bringing more convenience to stores, including through unstaffed stores, delivery and omnichannel fulfillment, and digitalization.
  • The sector as a whole is seeing modest growth, while top players continue to capture sizable market shares. We expect to see further consolidation through M&A.
  • Globally, there is a great deal of economic and political uncertainty. Trade tensions, Brexit and currency risks will continue to weigh on consumer sentiment and spending.

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