Market spotlight: Growth in Greater LA
Greater Los Angeles continues to be a high growth market for fuel and convenience retailers.
Unsurprisingly, the COVID-19 pandemic caused demand for fuel to dip in 2020, with a 7% decrease in overall volumes.
However, Greater Los Angeles continued to be a high growth market with a steady increase in gas and c-store outlets. 128 new–to–industry sites have been added in the past two years, with 86% of these in suburbs outside of LA city.
As more outlets are competing for consumers in a time of lower demand, it’s now more vital than ever to examine the effectiveness of your existing offering.
Competition in this market is high. Understanding your competitors’ strengths and weaknesses is the key to success, whether you’re building a new site, choosing which brand to fly, or investing in site improvements.
Kalibrate has new competitive retail market data for Greater Los Angeles.
The data can be used to forecast volume potential for new sites or changes to existing sites. The data is already collected, so this will save you the time and cost of sending a surveyor to the area.
Tell us the attributes of your site, or potential site, and our model will forecast your volume potential and how it changes in different scenarios.
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Market spotlight: Greater LA Infographic and Insights
Kalibrate's Greater Los Angeles market study has revealed vital information for anyone with an investment in gas...