Chains add fuel to forecourt battle
Article Abstract:
According to a report from the investment bank Williams de Broe, supermarkets are to grasp some 30% of the UK's overall petrol sales. At present the market leader among supermarkets is Tesco, which is currently in the throes of expanding its forecourt sites. Petrol and diesel sales account for some 12% of the overall turnover at Tesco and has a 42% share of the supermarket forecourt sector. Since 1990 supermarkets have increased their market share to 21% and any growth to come will be at the expense of small refiners and oil independents. However, the report declares that growth of non-fuel goods at petrol stations will have an effect upon small supermarkets and grocers. The non-fuel retailing sector is currently worth GB 3.1bn and is expected to rise by 12% per annum. There is some speculation in the sector that Sainsbury, which currently holds a 21% share of the market may form an alliance with a major oil company such as Shell or BP. The supermarket has not confirmed this. Somerfield is also developing plans to open up a forecourt.
Comment:
UK: Supermarkets are to grasp some 30% of overall petrol sales according to a report from investment bk Williams de Broe
Publication Name: Super Marketing
Subject: Business
ISSN: 0261-4251
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
b2 converts to Budgens as Xpress forecourt concept makes its debut
Article Abstract:
The UK retailer Budgens is currently converting some 20 of the b2 outlets it acquired in 1997 to the Budgens name. The strategy is beginning with the b2 store in Finchley, London. it is currently under conversion and when it reopens on July 04 1998 will offer a much wider range of groceries with a particular emphasis upon meat and poultry and fresh produce including bread and vegetables. It will be open for 24 hours a day and nine new jobs will be created. This new concept will be adopted by most of the other outlets undergoing a revamp. The first Xpress forecourt store is also due to be opened soon. The 24 hour concept is owned by Budgens and comes after a three-year period. Some 30 b2 stores formerly 7-Eleven stores are also being refurbished to adopt the new strategy and the first will open in London in September 1998. *
Comment:
Converts some 20 of the b2 outlets it acquired in 1997 to Budgens name & starts with b2 store in Finchley, London
Publication Name: Super Marketing
Subject: Business
ISSN: 0261-4251
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Forecourt deals fuel City pressure on JS
Article Abstract:
The UK supermarket retailer Budgens are to establish two shops adjacent to petrol stations operated by the French firm Total, as a test trial for such a joint retailing concept. Both firms have their main operations in the South East of England and all of the staff training, logistics, product sourcing and branding is to be provided by Budgens. If the concept is successful the two firms plans to establish 20 joint sites.
Comment:
Will establish two shops adjacent to petrol stations operated by the French firm Total
Publication Name: Super Marketing
Subject: Business
ISSN: 0261-4251
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Proposed Regulations on Qualified Nonrecourse Financing Help Clarify Open Issues. Washington Tax Watch - Joint Committee on Taxation Issues Proposals on Subchapter K
- Abstracts: Searching for foreign executives: global expansion forces marketers to deal with cultural differences. Companies turn to marketing temps
- Abstracts: Cost reductions or reputation enhancement as motives for mergers: the logic of multihospital systems. Getting to know you: a theory of strategic group identity
- Abstracts: Home meal replacement study. Soft drinks reshaping American diets. Study on teend grocery shopping
- Abstracts: PR promotes 'escape' from PMS. Take aspirin during heart attack, says Lasorda. Avalanche PR moves to bury competition