A new five-year partnership brings the collective resources of two organisations with a longstanding history of working with their respective members and partners, to create a powerful advocate for independent retailers and suppliers in the expanding convenience market.
ACAPMA with its 44 years of supporting fuel wholesale and fuel retail businesses has today entered into a strategic partnership with Retail Media, with its 75 years of providing information to retail businesses and their suppliers (including Convenience World’s 20th year of publication as an unbiased platform of communication, representing independent retailers and the expanding convenience market), to provide an authoritative voice for the petrol and convenience retail industry in Australia.
The principal intent of the partnership is to harness the collective strengths of both organisations to enhance the vitality of retail within the small format petrol-convenience retail channel via fact-based advocacy and the provision of knowledge. At a practical level, the partnership comprises three key elements:
a) National Petrol & Convenience Retail Council: This Council will comprise ACAPMA member businesses and Convenience World readership who will be appointed to the National Council on a three-year term. The Council will identify and discuss current issues and challenges facing fuel and convenience retailers, and channel suppliers alike, with a view to these issues being used to inform ACAPMA’s advocacy to all Australian Governments as part of its comprehensive advocacy activity.
b) Knowledge & Networking Forums: An annual program of Knowledge & Networking Forums will be announced at the commencement of each calendar year. These Forums will be delivered in electronic and face to face format and will provide participants with an opportunity to connect and discuss current and emerging issues within the petrol-convenience channel, as well as provide the opportunity for genuine networking and business discussion and will complement the convening of the Asia-Pacific Fuel Industry Forum (which will be held in Adelaide on 6 and 7 September 2022).
c) News, research and market intelligence: Both organisations will combine their collective research capacity and share their respective news platforms to create a market-leading series of research and market intelligence to provide insights into some of the current and emerging trends in the petrol and convenience channel. This work will build on ACAPMA’s unique ACAPMAg news platform and Convenience World’s highly regarded digital and print media channels to provide regular information to petrol-convenience retail businesses and channel suppliers alike. This work will also include dissemination of the findings of strategic research in areas such as:
- Small format retail innovations
- Consumer behaviours and purchasing trends
- Digital commerce
- The share economy
- Technological developments in transport and retailing.
The principal strength of this partnership is that it harnesses the deep and specialist expertise of two highly respected organisations to provide Petrol and Convenience Retailers with an opportunity to engage in a genuine leadership dialogue to guide the future directions of the dynamic petrol and convenience retail industry in Australia.
More information will follow in coming weeks, including announcement of the members of the inaugural National Petrol & Convenience Retail Council.