With Forecourt Shop Turnover Projected to Reach GBP 4.6 Billion by 2006 and Vehicle Usage on the Increase the Future on the Forecourt Looks Bright
DUBLIN, Ireland--Oct. 2, 20057, 2005--Research and Markets (http://www.researchandmarkets.com/reports/c26577) has announced the addition of Forecourt Trader - The Journal to their offeringThere has been tremendous change in the petrol retailing industry in recent years.
The dwindling profit on fuel retail has prompted the oil companies and independent retailers alike to focus on new retail opportunities. This has led to dynamic growth and development of the forecourt shop, which in turn has resulted in the emergence of independent retailers as major players in this quickly evolving market.
Forecourt shop sales are in excess of GBP 3.6 billion a year, showing year on year growth of 5.5%. The major forecourt shop lines of tobacco, confectionery, soft drinks and snacks remain with the introduction of new lines. Product lines in some outlets are now in excess of 4000, illustrating how the retailer has adapted to meet customer needs. Substantial investment in the petrol retailing sector has put forecourts at the leading edge of convenience retailing and with 84% of outlets qualifying as true convenience stores these brightly lit, modern, well equipped sites often with parking will continue to be at the heart of the convenience channel.
Carwash and valeting facilities remains an essential ingredient to the forecourt business while ATM, alcohol, electronic payment and premium food services represent new and growing opportunities.
With vehicle usage up, average site throughput up 36.4% since 1993 and with shop turnover alone projected to reach GBP 4.6 billion by 2006 the future on the forecourt looks positive.
The leading monthly journal for the petrol retailing sector, containing news, views and in-depth features on the major issues of the day, as well as the latest information on products, promotions and equipment.
With complete coverage of the UK market and with a circulation of *14,149 each month it is the only vehicle to reach all the buyers within the industry without any wastage.
The comprehensive editorial package consists of up-to-date news coverage of the major issues of the day, backed up by a penetrating programme of features, which provide an in-depth focus on vital areas of the petrol retailing operation.
Interviews with oil company bosses, key industry executives and retailers, are complemented by regular features which keep readers in tune with the latest developments in forecourt technology, equipment, products and promotions - in fact, all the elements that are vital to the efficient operation of a forecourt. The must-read package is topped off with comment and advice columns - including the much revered Mogas page - as well as giving readers a chance to express their views on the industry.
Who requests Forecourt Trader?
Forecourt Trader is circulated to key decision makers within all sectors of the industry.
-- Oil company head offices and sites
-- Supermarket head offices
-- All independent sites
In summary all UK forecourts
-- Cash and Carry/Delivered wholesale offices
-- Symbol group and C store head offices
-- Suppliers to the industry
For more information visit http://www.researchandmarkets.com/reports/c26577