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Consumer Preferences And Shopping Patterns Lead UK Retail

Released on = August 28, 2006, 9:49 pm

Press Release Author = RNCOS

Industry = Food & Beverage

Press Release Summary = Consumers with rising disposable income levels demonstrate a
heightened sense of awareness about products. Changing lifestyles calls for
increasing sensitivity to satisfying tastes.

Press Release Body = The sustained financial growth of UK has raised the standard of
living of the masses. Consequently, Individuals are willing to shell out extra money
for the oomph factor. Thus it’s expected that the operation of the retail sector is
greatly impacted by the consumer tastes and purchasing trends.

UK retail market has developed at the rate of 4% annually over the past 5 years.
This type of growing market presents a huge dare for its participants, particularly
the numerous large supermarket chains that function on slender profits. It is
obvious from the situation in UK retail market that significant participants like
TESCO have been capable of yielding a satisfactory operation in the past years.

Tesco is a frontrunner in the UK food retailing market with above 30% contribution
to the market in 2005. Armed with income of more than £2 billion and an output of
£34billion in 2005, it amassed a market share twice that of its closest competitor
and double the number of retail stores compared to its closest rival.

RNCOS’ market research report named, “UK Food Retailing Market Forecast (2005-2010)”
observes that the UK food retailing market touched 120.3 billion GBP in the year
2005. Convenience Stores comprised about 21% of market segment or 24.5 billion GBP.

Expert also concluded that the gross retail sales of grocery, food and beverage
represented 67% and the percentage stake of non-food grocery extended to 15% of the
gross retail sales in 2005.

This market research report will assist you to locate solutions to certain serious
queries such as:

 What is the past & present situation of UK retail market?
 What would be the main task of the convenience market in forthcoming retail
development?
 What is the prospective tactical path for UK Supermarket?
 What are the success factors and sensitivities in the UK retail market?
 How do various firms analyze their standing in UK retail market?

This report is extremely beneficial to Business visionaries, Prospective investors
and Advisors who closely monitor the UK Supermarkets and their growth.


About RNCOS:
RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

To purchase your copy: http://www.rncos.com/Report/IM051.htm
For more information about the report please visit www.rncos.com


Web Site = http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial area, Delhi 92
91-11-4214-1229
info@rncos.com

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