Convenience, mom and pop
stores are trending towards using mobile applications to meet customer needs
individually. App-based solutions are quickly and easily homogenized into the
retailer’s Omni channel. An insightful combination of various hardware and
software components is required. For instance, the RetailConnect interface
software is used for integrating ERP systems, scales and labelers, enabling the
integration of third-party solutions in addition to prevailing Bizerba fundamentals.
THE BUSINESS RESEARCH COMPANY VALUED
THE GLOBAL CONVENIENCE, MOM AND POP STORES MARKET AT $4.2
TRILLION IN 2017
Asia Pacific was the
largest region in the convenience, mom and pop stores market in 2017, accounting
for nearly 30% of the global market.
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The chart below shows the
year-on-year growth of the global convenience, mom and pop stores market during
2017 – 2021
According to The Business Research Company’s Consultant, Oliver
Guirdham, most of the convenience, mom and pop Stores
have adopted digital technologies. Mom-and-pop retailers have started using
digital systems for payments through smartphones. Buyers that do not own a
smartphone use Unified Payment Interface (UPI) for payments. SMS-based payments
are also getting popular among mom-and-pop retailers. The emergence of startups
like SnapBizz, XLogix, Stock Wise, FonePaisa and SuperZop has also helped these
retailers to create systems to go digital.
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report at :-
7-Eleven was the largest
competitor in the market, generating revenues of $5.3 billion in the year 2017.
7-Eleven’s growth strategy is to restructure the store layout. The company will
rename their existing 7 categories. It is also focusing on improving its
merchandise mix, new stores and consumer promotion activity.
Convenience Stores comprises establishments known as convenience
stores or food marts (except those with fuel pumps) primarily engaged in
retailing a limited line of goods that generally includes milk, bread, soda,
and snacks.
Mom And Pop Stores comprises establishments known as mom and pop
stores (except those with fuel pumps) primarily engaged in retailing a limited
line of goods that generally includes milk, bread, soda, and snacks.
Convenience, Mom And Pop Stores Global
Market Report 2018 is a detailed report giving a unique
insight into this market. The report is priced at $4000 for an individual user.
To use across your office, the price is $6000 and $8000 if you wish to use
across a multinational company.
About
The Business Research Company.
.
The Business Research Company is a market research and
intelligence company, which excels in company, market and consumer research.
It has research professionals at its offices in the UK, India and
the US as well a network of trained researchers globally. It has specialist
consultants in a wide range of industries including manufacturing, healthcare,
chemicals and technology.
The Business Research Company's management has more than 20 years
of varied business research experience. They have delivered hundreds of
research projects to the senior management of some of the world's largest
organizations.
Contact Information.
The
Business Research Company
Europe:
+44 207 1930 708
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+91 8897263534
Americas:
+1 315 623 0293
Email:
info@tbrc.info
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