Gas Stations with Convenience Stores in Canada Industry Market Research Report from IBISWorld Has Been Updated

New York, NY (PRWEB) July 21, 2014

Over the past five years, greater demand for vehicle fuel and higher prices have boosted revenue for the Gas Stations with Convenience Stores industry. Consumers generate most of this industry's sales, while consumer demand has risen with growth in per capita disposable income and consumer confidence. Moreover, vehicle use has increased since 2009, as indicated by an annualized growth in total vehicle-kilometres over the five years to 2014. Additionally, trade growth has spurred demand for diesel fuel from trucking companies. As a result of these trends, sales volumes of regular gasoline and diesel fuel have risen at annualized rates, according to Statistics Canada. Fuel prices have also increased over this period due to higher crude oil prices. As such, industry revenue is anticipated to rise over the five-year period, including a projected decline in 2014.

According to IBISWorld Industry Analyst Hester Jeon, “This industry is highly competitive, with very few establishments owned by major oil companies or refineries despite the prevalence of their branding at retail stations.” Rather, most stations sell large suppliers'. Fuels under branded contracts. As a result, growth in fuel wholesale costs, which are linked to the price of crude oil, aren't entirely passed on to consumers. Instead, operators absorb some of these costs to remain competitive. While revenue generally grows in periods of price growth, profit margins usually contract. As such, volatile and rising oil prices have dampened profit margins over the past five years. Persistently low profit margins have accelerated the rate at which major oil producers have divested their retail businesses. Such businesses are increasingly owned by independent operators and convenience store chains that derive most of their revenue from gasoline.

As a result of volatile and rising gas prices, consumers have reduced their dependence on fossil fuels, as indicated by drastic improvements in new vehicles'. Fuel efficiencies. “This threat to industry revenue will gather force over the next five years due to continual reductions associated with fuel-efficient vehicle ownership,” says Jeon. Still, general economic growth indicated by rising incomes, consumer confidence and trade activity are expected to lift demand for fuel. Higher fuel prices will also help drive revenue growth. As such, industry revenue is forecast to rise at an average annual rate in the five years to 2019.

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IBISWorld industry Report Key Topics

Change Management – On Target With The Speed Of Change And Other Reasons Target Corporation Is One Of The Best Companies

Target Corporation has long been a great company with model business practices. It has a creative business environment, top flight marketing and hits the right niche in this time of abundance and design sensibility. This is a business with morals and standards that resonate with family values.
Target is one of the few retail companies that has not been seduced into lowering company values to attract the overextended consumer.
I would like to focus in on the issue of change management and how this company deals with fast pace of change in the retail world. The product sales environment is the most visible and most obvious way for a retailer to keep up. By offering the latest technologies and cutting edge products is only the beginning of the change response. All retailers have procurement and buying strategies to give them the right products to sell.
Target takes sales and merchandising to the next level with their design philosophies. They not only sell good design but they also actively participate in the design of the products they sell. This is not new and becoming a common practice with large retailers. Target is just a bit better at it. They take a more active role in the design than most retailers. After all, this is their niche.
Target's design philosophy and creative environment permeates through the company into all aspects from product procurement, property development to financial services. It is a fast, fun and friendly company.
Property Development and how they deal with change management is what I'd like to use as an example here. Retail product and design change moves much faster than property development, building design and construction can move. This poses a problem. By the time the you are about to build a space to support a retail trend, the trend has passed....

This industry is made up of establishments that retail automotive fuels as well as a limited line of merchandise in a convenience store setting. Industry establishments may also provide automotive repair services. This industry is distinct from the Convenience Stores industry and the Gas Stations industry (IBISWorld reports 44512CA and 44719CA, respectively).

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Careers in Fashion Merchandising
Contrary to popular notion, a career in fashion industry is not limited to designing apparel and accessories. It is much more than that. The fashion business is like a well oiled machinery and like all other industry it is dependent on strong marketing and logistics. Most people see only the glitz and glamor of fashion week with the focus on haute couture and ready-to-wear apparel. But being a fashion designer is not the only career field open in the fashion industry. If you are keen on the business end of fashion, then becoming a fashion merchandiser is one of the options open to you. Fashion merchandising entails prediction and analyzing of upcoming trends, sourcing the best and latest designs and materials, determining the price of clothing and taking stock of store inventory. In addition to these, a fashion merchandiser also has to come up with marketing and advertising ideas to push a particular trend, take care of window displays in large retail stores, go to fashion shows as buyers and to track upcoming trends and to predict the next big thing in fashion. If you want to become a fashion merchandiser then you should be aware of the different fields in fashion merchandising. Here is an in-depth insight into the different careers in fashion merchandising.
Fashion Merchandising Careers
Fashion Buyer
Qualification Required
4 years Bachelor's degree in Fashion Merchandising Additional certificate in Merchandise Planning and Public Relations is a bonus Job Description
One of the most important branches of fashion merchandising is that of a fashion buyer. A fashion buyer typically works for a fashion house, design house or a retail company that sells clothes and other fashion accessories. A fashion buyer has to predict which fashion trends will sell and purchase apparel accordingly. The job of a fashion buyer is to source apparel that are not...

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