Spar UK

Figures unveiled this week at IGD’s Convenience Retailing Summit predict the convenience channel to grow almost 18% between now and 2022, to £47.1bn, as more than nine out of 10 (91%) UK grocery shoppers visited a convenience store in April.

IGD’s research also found that time is of the essence for today’s shoppers. Almost three in five (57%) said they choose to shop in convenience stores because they are quicker to get around, while over half (54%) of post-millennials (18-25-year-olds born between 1992 and 1999) and two in five (40%) of over-25s claim to shop in their nearest neighbourhood store to save time, even if the cost is a little extra.

Speaking at the event, Michael Freedman, IGD’s shopper insight manager, said: “Not only do our channel forecasts, released today, predict that convenience will be one of the top three UK growth channels alongside…