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Convenience Store Trends Network Planners Can't Ignore

Convenience Store Trends Network Planners Can't Ignore

By Ian Thompson, Managing Director, Planning

If you're planning to expand your retail network of sites, current convenience store industry trends can significantly impact your decisions. From consumer preferences and brand affinity to fuel price sensitivity and geographic spread of alternative fuels, certain trends can tip the hat toward or away from the success of your sites, so it's important to stay informed.

Being as prepared as possible for big changes in the industry is essential for effective retail network planning — so today, let's discuss some of the biggest trends in convenience retailing over the last two years, and how these changes can affect your retail network growth planning.

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Markets Ripe for the Taking: Where to Consider Expanding in 2018

Markets Ripe for the Taking: Where to Consider Expanding in 2018

By Scott Barrett, VP Global Client Services

To expand your retail network, you first need to identify those places where expansion makes sense. There is no blanket answer, here. In fact, there are a multitude of variables you will need to consider, including demographic growth, benchmark competitors, regulations and more.

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After Market Ranking, What's Next? Hot Spot Analysis

After Market Ranking, What's Next? Hot Spot Analysis

By Kent Schlesselman, Solutions Consultant

What do you do after you've ranked your markets and are ready to start getting down to the heart of the matter — site selection?

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The Power of Traffic Data: A Tale of Two Retailers

The Power of Traffic Data: A Tale of Two Retailers

By Kyle Spinuzzi, Traffic Data Expert

 

As a retailer, you are undoubtedly aware that data can power business agility and growth. Information about traffic patterns around your location or proposed location is merely one piece of the data puzzle, but an important one, nonetheless. Let's explore what might transpire should you forego knowledge of this important variable.

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All Retailers Need Better Traffic Count Data

All Retailers Need Better Traffic Count Data

By Kyle Spinuzzi, Traffic Data Expert

 Ask any large retailer about the most important factors that contribute to site selection, and "accurate traffic count data" will almost always make the top of their list. After all, understanding the amount and flow of vehicles passing by any prospective site is critical to success; those vehicles represent potential customers. Accurate, up-to-date traffic information provides insight into consumer movement patterns that can't be gained via traditional demographic statistics alone.

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What's Your Fuel Retail Network's Volume Potential?

What's Your Fuel Retail Network's Volume Potential?

By Kent Schlesselman, Solutions Consultant

 

The Open Championship of golf will take place this month at Royal Birkdale on the northwest coast of England (not too far from Kalibrate headquarters in Manchester, UK). At the conclusion of the competition — a contest that thoroughly tests the abilities of each golfer — the well-deserved title of the “Champion Golfer of the Year” will be announced.

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Summer Fuel Price Outlook for 2017

Summer Fuel Price Outlook for 2017

By Scott Barrett, VP Global Client Services

 “Summer lovin', had me a blast. Summer lovin', happened so fast!” For all you Grease fans out there, summer is just about here and so is the Energy Information Administration’s (EIA) Short-Term Energy and Summer Fuels Outlook for summer fuel prices.

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The Continuous Improvement Cycle for Fuel Forecourt and Convenience Retail Success

The Continuous Improvement Cycle for Fuel Forecourt and Convenience Retail Success

By Anila Siraj, EVP of Research and Applied Data Sciences

The continuous improvement cycle is about more than just constant development. Continuous improvement is a detailed and exacting process with a momentum entirely dependent on executing with best practices top of mind. Though it can be applicable across many business types and objectives, we'll focus here on its value in forecourt and convenience retail success.

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True Market Intelligence is about More Than Competition

True Market Intelligence is about More Than Competition

By Kalibrate Team

When you have access to true market intelligence, you have access to a lot more than just a data set full of information about your closest competition.

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Effects of Deregulation: How to Succeed in a Changing Market

Effects of Deregulation: How to Succeed in a Changing Market

By Kalibrate Team

For pricing analysts, a market's move toward deregulation (such as the Mexican fuel market's current trajectory), signifies a transition from stability to instability. Over the course of phases which play out through the years, competition-driven pricing will permeate your pricing reality, making the act of pricing even more detailed and the need for holistic visibility into quality data even greater.

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