C-Stores Reshaping the Asian Retail Industry

Released on: August 27, 2008, 2:29 am

Press Release Author: Shushmul Maheshwari

Industry: Retail

Press Release Summary: The c-store format is fast making its place in the Asian
retail landscape on account of rapid economic development and strong growth in
modern retail outlets.

Press Release Body: RNCOS has released a new research report, "Opportunities in
Asian C-store Market", that says that convenience store (or c-store) industry in
Asia has grown tremendously in the past few years, taking the region to the top in
C-store development across the world.

As per the report, the c-store industry in various Asian countries has been growing
on the back of rapid economic development and booming retail industry. Moreover,
emerging trends in organized retailing along with growing share of modern retail
outlets in total retail space are anticipated to drive growth in c-stores in the
region.

The report further adds that the structure of retail industry in Asia will change
dramatically in coming years, with c-stores emerging as the main distribution
channel and attracting consumers away from the traditional outdoor markets. Unlike
supermarkets that target the high income groups, c-stores focus on the middle class
segment and price their products moderately.

Infact, c-stores have an edge over the traditional markets as they offer better
service and quality products at reasonable rates. However, the future growth of
c-stores in the Asian region will depend on various factors such as domestic
consumption, convenient retailing and changing lifestyles, which are influenced by
strong economy, rising consumer spending and growing middle class, identifies the
RNCOS research.

"Opportunities in Asian C-store Market" comprehensively discusses the c-stores
market in Asia and highlights the new technologies being integrated into the market
at a fast pace. It also gives a brief overview on the consumer behavior in various
Asian countries along with the sales trends to help clients understand the prospects
of c-store retailing in the region. This report is a detailed account on future
growth areas and roadblocks that enable clients design their business strategies as
per the changing market dynamics in the region.

This research report also gives forecast on retail sales by country and traditional
& modern retail outlets, and consumer expenditure by country.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://rncos.com/Report/IM107.htm
Current Industry News: http://www.rncos.com/Blog/

Web Site: http://www.rncos.com/

Contact Details: 29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
91-11-4214-1228
info@rncos.com

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