UK Private Label Industry Study by Euromonitor International: Growth for Small Store Formats15 Feb 2012 • by Natalie Aster
This report gives an overview of the opportunities for private label to target convenience-oriented grocery retailing in the UK. It evaluates the performance of convenience stores against competing channels and the evolution of store concepts, and analyses retailers’ strategies to segment and position their private label offer to succeed in convenience retailing. The report also compares the UK with other key developed markets and highlights how private label producers can target these markets.
External factors, such as demographic and economic trends, combine with industry-specific dynamics, notably the saturation of large store formats, to make small store formats a growth area for the UK’s largest grocery retailers.
According to the report “Private Label Growth for Small Store Formats in the UK” by Euromonitor International, increasing private label sales is a key strategy for retailers to maintain margins and boost loyalty. In small store formats, the limited number of SKUs available gives even greater prominence to the private label assortment.
New convenience store concepts increasingly target demand for on-the-go products to optimise footfall and sales at selected locations. Private label products positioned to meet this demand can help to provide higher margins.
Private Label Growth for Small Store Formats in the UK
Published: January, 2012
Price: US$ 2.000,00
Why buy this report?
- Get a detailed picture of the Retailing market;
- Pinpoint growth sectors and identify factors driving change;
- Understand the competitive environment, the market’s major players and leading brands;
- Use five-year forecasts to assess how the market is predicted to develop.
More information can be found in the report “Private Label Growth for Small Store Formats in the UK” by Euromonitor International.
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