Forecourt Trader - 30 years at the heart of the fuel retailing community

Convenience stores show resilience

03 July, 2012
Page 8 

The convenience retail sector continues to demonstrate its resilience against the economic tide, according to Christie & Co's Business Outlook Summer 2012 publication, its first-ever interim report.

The report highlighted the fact that in the petrol forecourt arena, sales had been boosted by the 'panic-buying spree' brought on by conflicting opinions about the possibility of strike-action by tanker drivers in March.

It said that steady rather than spectacular transactional activity had typified a first half of 2012 where markets had learned to operate in a 'new normal'. Across all retail, there was hope and expectation that debt funding would become more widely available, boosted by the government's announcement of a new loan guarantee scheme for smaller and medium-sized businesses.

Steve Rodell, director and head of retail at Christie & Co, said: "Relatively few convenience stores are showing falls in sales while many are finding a safe haven in migrating to symbol brands, as we identified in Business Outlook 2012. Regionally, a change in consumer spending habits is seeing shoppers favouring local stores over the more costly trips to out-of-town supermarkets."

As Christie & Co also predicted, the restructuring of the Post Office sector has made for a lively first quarter in the transactional marketplace.





  • Weekly
    Retail
  • Weekly
    wholesale
  • Daily
    Average
Weekly retail fuel prices: 2 September 2019
RegionDieselLPGSuper ULUL
East132.3563.90140.80128.93
East Midlands132.1271.23141.73128.82
London131.70142.12129.26
North East130.66140.60128.17
North West131.39140.18128.47
Northern Ireland129.03134.10126.35
Scotland131.70139.60128.79
South East132.7358.90141.28129.68
South West131.9563.90140.12128.70
Wales130.9855.70137.19127.82
West Midlands131.6066.90140.32129.05
Yorkshire & Humber131.2384.90140.57128.52

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