Global convenience stores market is anticipated to grow at a considerable CAGR of 29.4 during the forecast period (2024-2031). The consumers' growing preference for convenient shopping options due to their busy lifestyles is a key factor driving the global convenience stoes market. Convenience businesses are adopting cashier less checkout and AI-assisted scheduling with the artificially powered technologies. AI has made it possible for convenience stores to reduce some of the costs related to conducting business through transactions, particularly in light of the rising labour costs in Western countries

Convenience stores offers customer’s discounts on purchases made through digital transactions as to promote more cashless transaction. In response, these stores are introducing loyalty programs, which provide customers membership-specific rates and other rewards for their purchases in an effort to foster consumer loyalty. Global convenience shop revenues and customer loyalty are rising due to the use of technology-enabled solutions and other strategies.

In February 2024, the convenience store chain 7-Eleven Japan, beginsthe operation of small outlets without any storefront staff in the spring. This is a turning point in Japan's retail industry as the country is facing a serious labour shortage. Seven-Eleven is open unmanned stores in locations where it is difficult to open stores in the past, such as tower condominiums and inside factories. Smartphone payments is used to streamline the checkout operations.

Further, in January 2022, Parkland Corp. announced an agreement to acquire M&M Food Market. M&M is a premium, restaurant-quality frozen food retailer which is very popular in Canada. This acquisition represents one of many steps takenfor retail diversification strategy and to expand proprietary food offered by the company to increase the customer rea

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Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Product Type
By Store Type
By Ownership

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- includes Casey's General Stores, Inc, Alimentation Couche-Tard Inc., Murphy USA Inc., FEMSA, 7-Eleven Inc. and FamilyMart Co. Ltd.,among others.

Convenience Stores Market Report Segment

By Product Type

Staples
Snacks & Beverages
Packaged Food
Personal & Baby Care
Household Care
Dairy & Eggs
Home & Kitchen

By Store Type

Kiosks
Mini Convenience Stores
Limited Selection Convenience Stores
Traditional Convenience Stores
Expanded Convenience Stores
Hyper Convenience Stores

By Ownership

Independent retailer 
Retail chain

A full Report of Convenience Stores Market is Available @  https://www.omrglobal.com/industry-reports/convenience-stores-market

Convenience Stores Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

Alfamart
FamilyMart Co. Ltd.
FEMSA
Indomaret
Lawson Inc.
Magnit
Meiyijia
Murphy USA Inc.
Parkland
Pyaterochka
uSmile

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