European Working Women Lead Retail Household Sales…

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With an increasing number of women taking up employment, there is a constant race against time for doing household chores as there is hardly any time left for doing them.
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February 1, 2006 (Press Release) -- With an increasing number of women taking up employment, there is a constant race against time for doing household chores as there is hardly any time left for doing them. Though these jobs create a shortage of time, they help in adding to the disposable household income, which in turn increases the spending capacity of the women.

Traveling and commuting is gradually becoming more time consuming, and consumers are trying to make the best use of this time by multitasking while on the move. Convenience stores are the perfect solution to this problem as they help consumers shop, eat and drink en route to another place.

In March 2001, the Internet reached a stage of maturity in UK retailing, with 51% first time women Internet users paving way for Internet shopping. The equality of sexes was soon to be established in this field.

The findings of the market research report by RNCOS – a leading market research report company, “European Convenience Stores Market Report {2006-2008}” provides insights into the statistical facts regarding the European retail market, declaring it to be the second largest market accounting for 28.7% of the international convenience store market. Key consumer groups are identified and insight provided into their changing needs and behavior patterns, and their impact on convenience stores.

The report elaborates how women in general devote more time towards shopping in comparison to men. Ten years back, the fathers spent roughly 2 Hr 50 Min shopping per week, in contrast to the mothers’ estimated average of 5 Hr 50 Min.

The market research report by RNCOS also proposes that the employment status of women were in a large way responsible for the difference in spending patterns in households. Many other reasons were also attributed for this change in spending trends within households.

The report publisher by RNCOS reveals that women spend largely on food. Even though both partners were gainfully employed, the onus of buying food still fell on the women’s lot, making her responsible for spending the larger amount. The employment status of women did little to alleviate their spending on household goods. The same applied for men spending on motor vehicles.

As per the report it is on this basis that impartial sales are accounted for, in European countries. The European retail market is estimated to grow at a CAGR of 2.9% touching nearly $ 1173.9 billion by 2009.

This report by RNCOS provides essential research-based insights for companies that need to understand the shoppers' mindset. These insights on the European retail market distribution are based on geographical basis and commodity basis, covering a total of 14 commodities and 9 geographical regions.

Dynamic changes of paradigm shifting proportions are coming to European retail. Shoppers are abandoning old patterns of shopping and turning away from favored retailers from the past.

To purchase your copy :http://www.rncos.com/Report/CP10.htm

For more information about the report please visit www.rncos.com


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For more information:

RNCOS
Shushmul Maheshwari
Head of Business Development Manager
29, 1st Floor, Patparganj Industrial area, Delhi 92
91-11-4214-1229
info@rncos.com

Publisher: RNCOS




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