The nature of Australia’s convenience retail industry is changing and responding to consumer needs.
The latest Savills Convenience Retail Market Update tracks the investment market for service stations, and outlines the latest trends and activity within Australia. Some of the insights within the report include:
Key players in Australia’s convenience retail industry are continuing to expand their networks and the number of service stations increased in the 12 months to June 2018.
Significant reinvestment in infrastructure, as well as convenience store layout and offering, continues to be a focus of all groups.
Consumer demand for a broader range of convenience products has become just as important as the fuel offering.