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Convenience retailers must focus on price as UK convenience market forecast to grow by over £3.2bn from 2024 to 2028, says GlobalData

Summary by retailtimes.co.uk

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! UK grocers must focus on their price positioning to remain competitive. Food & grocery spending in UK convenience stores is projected to reach £43.2bn by 2028, growing at a compound annual growth rate (CAGR) of 2.0% between 2024 and 2028. This growth will outpace the hypermarkets, supermarkets, and discounte…

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kamcity.com

Convenience Chains Must Focus On Price In Growing Market

Grocers in the UK must focus more on their price positioning in the convenience market to remain competitive. This is according to research firm GlobalData, which projects that food & grocery spending in UK convenience stores will reach £43.2bn by (more…) The post Convenience Chains Must Focus On Price In Growing Market appeared first on KamCity.

3 months ago

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Grocery Gazette - Latest Grocery Industry News

Growth in convenience market will outpace supermarkets, says GlobalData

Food and grocery spending in UK convenience stores is projected to reach £43.2bn by 2028, with this growth to outpace the hypermarkets, supermarkets and discounters channel, according to GlobalData. Between…

3 months ago

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retailtimes.co.uk

Convenience retailers must focus on price as UK convenience market forecast to grow by over £3.2bn from 2024 to 2028, says GlobalData

3 months ago

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Convenience Store

Convenience retailers must be price savvy as channel is forecast ...

Food and grocery spending in UK convenience stores is projected to reach £43.2bn by 2028

3 months ago

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GlobalData

Convenience retailers must focus on price as UK convenience market forecast to grow by over £3.2bn from 2024 to 2028, says GlobalData - GlobalData

UK grocers must focus on their price positioning to remain competitive. Food & grocery spending in UK convenience stores is projected to reach £43.2bn by 2028, growing at a compound annual growth rate (CAGR) of 2.0% between 2024 and 2028. This growth will outpace the hypermarkets, supermarkets, and discounters channel, making it a prime opportunity for grocery players, according to GlobalData, a leading data and analytics company. Between 2023 a…

3 months ago

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