Franchising Drives Retail Forecourt Sales

December 8, 2006 by Mark | 0 Comments

Biz Community:

bp_franchising_connect_ext7_180x144.jpg

Convenience shopping is one of the drivers spurring the franchising boom in which revenue from nearly 26 000 outlets soared 48% to R188 billion from R127 billion in the past two years, according to a survey by Johannesburg-based Franchize Directions. Fuel retailers’ turnover has grown 149% and contributed almost half the franchise sector’s total revenue in the past two years.

Petroleum giant BP’s new age convenience shopping, with its ultra-modern BP Express shops, is one of the star performers in the sector, with more than 68 of its own Wild Bean Café food and coffee outlets franchised nationally.

Research by AC Nielsen’s Customised Research Department shows that, in the past year, 30% of the 2500 respondents used forecourt stores at least once a week. Its report found that the BP Express shop, of which there are over 170 countrywide, is the most recognised forecourt convenience store in SA.

In Franchising Worldwide, News

Related Posts

Comments

No comments yet.

Leave a Reply