After an outstanding performance in 2020, most chains did not manage to maintain their momentum in 2021, with some actually going into decline. However, this was not a dramatic turnaround and was instead more of a market adjustment from the high peak seen in the previous year.
In 2020, many people eschewed large-format outlets in remote locations such as hypermarkets in favour of grocery stores that enabled them to minimise the amount of time spent outside of the home whilst shopping for daily essentials. Rural and semirural convenience stores particularly benefited from restrictions on movement and travel during the two lockdowns of 2020.
There are two large specialists in convenience stores in France, namely Carrefour SA and Casino Guichard-Perrachon. Although most chains waned in 2021, the former further consolidated its strong share of half of channel value sales thanks to a larger number of outlet openings over 2019-2021 compared to Casino Guichard-Perrachon.
Despite making solid inroads in 2020, industry experts believed that convenience stores would be unable to maintain the recent momentum gained in 2021, an insight that proved to have some validity. Many of the channel’s newly acquired customers in 2020, such as seniors and people who had recently moved to rural/semirural areas were much less loyal in 2021 due to lower restrictions and reduced fears over catching COVID-19.
As in the past, one of the main adversaries of convenience stores could be discounters. In 2020, such formats suffered from their non-all-under-the-same-roof and less human positioning.
The convenience stores channel has no other choice than to innovate in order to survive the increasingly intense competition from large-format grocery retailers. While potentially coming at the expense of store-based sales, one of its main paths to growth is likely to be to offer more services and further widen its offering thanks also to click-and-collect.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Convenience Stores industry in France with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Convenience Stores industry in France, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Chained grocery retail outlets selling a wide range of groceries and fitting several of the following characteristics: Extended opening hours Selling area of less than 400 sq metres Located in residential neighbourhoods Handling two or more of the following product categories: audio-visual goods (for sale or rent), foodservice (prepared take-away, made-to-order, and hot foods), newspapers or magazines, cut flowers or pot plants, greetings cards, automotive accessories. Sales data excludes foodservice sales. Example brands include 7-Eleven, Spar. Note: The number of branches required to be termed chained varies from country to country but is usually ten or more. If a multinational is operating in the country, then this is included, even if there are fewer than ten outlets under the brand.
See All of Our DefinitionsThis report originates from Passport, our Convenience Stores research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!