Retail excellence for a leading convenience-store chain

• Business Dilemma:
  A leading gas-station chain was suffering from a decline in profits in its convenience-store operations due to price volatility and regulatory changes. Executive management believed in the potential of the convenience-store business and approached TASC for assistance in developing a strategic plan for this business.

• Process:
  The retail strategy was based on four main components:
  1) Thorough market analysis of local and international markets 2) Development of a unique value proposition: design of store clusters and formats, redefining the product portfolio, improving the planogram of the stores, and a new layout methodology 3) Formulation of an innovative pricing strategy – competition-based pricing and price differentiation 4) Detailed financial model with forecasted revenues and expenses, including costs incurred during the implementation phase.

Our team assembled its findings into a marketing plan and detailed three-year business plan.

• Strategic solution & impact:
  The recommended strategy was implemented in full, resulting in a significant market share increase.

For more information: Ilan Schory, Ilan.Schory@tasc-consulting.com