Latest data from TWC’s SmartView Convenience analysis reveals that independent stores in Scotland are seeing robust growth.
The market read – which comprises a sample of around 5,000 independent retail and wholesaler-supplied symbol stores across Great Britain – shows that value sales for Scotland in the year to 30 July were up 4.6%, which is ahead of growth in the total market.
The strongest performing categories in Scotland over the period were crisps, snacks & nuts (+21.4%), chilled (+18.5%), confectionery (+15.2%) and soft drinks (+10.9%).
Source: SmartView Convenience, value sales, Scotland, 52 w/e 30 July 2023
In a separate consumer study, commissioned by TWC, 800 Scottish consumers were asked about the role of local independent convenience stores in their community. The top response was ‘being open and available when consumers need them’, followed by offering jobs to local people.
Scottish consumers also recognized the importance of independent convenience stores in maintaining a community spirit in the area. The next responses recognized the efforts of retailers to support their customers by trying to keep prices competitive and by offering good deals, offers and promotions.
Tom Fender, Development Director at TWC, commented: “Data from SmartView Convenience confirms that the independent retail sector in Scotland is robust and there is plenty of room for optimism given that inflation is now beginning to fall and consumer confidence is rising.
“Consumers recognize the importance of their local store and continue to support these businesses, which they see as an important part of their local community.”