 Articles tagged: convenience store
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Retailing in convenience stores plays a progressively vital role for European grocery store retailers. Retail sector is no more the arena of individuals' retailer. written by James Marriot
The convenience store sector is likely to undergo sea changes within the next few years with increase in competition as well as consolidation activities. With the entry of key supermarket players into the convenience retail sector has been compelling existing convenience store operators to reassess their value proposition. written by James Marriot
Indians are welcoming this 24x7 retail culture because traditional shopping culture doesn’t fit the needs of the consumers of today. They find it nearly impossible to spare some time to go to the market. Convenience stores, on the other hand, offer them the flexibility to go for shopping the moment they get some free time out of their daily hectic schedules. written by James Marriot
Banks are seeking it as an opportunity to increase the number of ATMs in the state with no need to purchase the space exclusively. Other stimulating factors, why banks are so keen to install their ATMs at convenience stores, include the convenience fee paid by the storeowner, increased footfall & turnover and of course increased loyalty of customers towards the banks. written by James Marriot
Studies of trends in the American organic food market surprisingly revealed that the driving force behind the growth of AUS $500 million in the organic sector was education rather than wealth. University graduates are more likely to become organic shoppers than any other section of society. The study found that among those who bought organic produce more than half were degree holders while only 27% of the buyers earned about AUS $100,000 per annum. written by James Marriot
The convenience stores are spread over a radius of 2-4 miles. The stores’ owners and employees belong to the community that the store serves and live in the vicinity. These stores support numerous national and local charities and community programs such as sponsoring Little League teams, contributing to annual charity drives and organizing events for the community they serve. written by James Marriot
At a convenience store now, one can pay diverse utility bills for electricity, cell phones, the Internet and newspapers, send things or a letter, print out photos and even buy an insurance policy. To please everybody, convenience store chains have taken up the role of bank, post office, photo studio and insurance company.
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