The prime location operates around the clock, but the business is losing a lot of money and is heart

Mondo Technology Updated on 2024-02-11

** location, round-the-clock operation, but this business has suffered heavy losses, which is heartbreaking.

Outlook: Convenience store boom.

Convenience stores have always been prosperous, especially in today's increasingly fast-paced era, and they have played an irreplaceable role. Whether you are a white-collar worker with a busy job or an office worker who comes home late from work, you can find what you want in the supermarket. In addition to instant hot food, convenience stores also have a wide variety of daily necessities and daily necessities. As a 24-hour city, convenience stores here have become an indispensable part of people's daily lives.

Trends in Convenience Stores: The Rise of Small Convenience Stores.

Compared to large supermarkets, "small but pretty" convenience stores are more attractive. In recent years, large supermarkets such as Carrefour and RT-Mart have closed one after another, while convenience stores have emerged one after another and are booming. Statistics show that from 132,000 in 2019 to 300,000 in 2022, an average of more than 150 convenience stores appear on the streets every day. Especially in Dongguan City, there are 48 per 100,000 people8 convenience stores, a number that exceeds Japan's 36 pcs. In order to meet the needs of modern people's rapid life and diversification, convenience stores have developed rapidly.

Urban characteristics influence the development of convenience stores.

The characteristics of convenience stores vary from region to region. Taking Dongguan, the "convenience store paradise", as an example, supermarket chains such as Meiyijia, Tianfu, and Hejiahuan have appeared one after another. Dongguan has a huge population base and huge consumer demand, which makes convenience stores develop rapidly in this field. Taiyuan is one of the few convenience stores in North China, and there are many well-known local convenience stores. Due to the particularity of the above-mentioned areas, the development of local convenience stores is very rapid.

The attention of entrepreneurs and investment in convenience stores.

In recent years, due to the boom in the convenience store business, many entrepreneurs have become interested in it and have invested in opening their own convenience stores. According to the "2023 Franchise Investment Crowd Insight Report", in 2022, supermarket chains will be the most popular area among all chain enterprises. Convenience stores are favored by entrepreneurs for their advantages such as low entry barriers, fast return on investment, and flexible operation. Whether it is a self-operated or franchised chain, convenience stores bring huge room for growth to entrepreneurs.

In conclusion, the current convenience store is in a prosperous period and has a very bright future. With the rapid development of urbanization, citizens have higher and higher requirements for living convenience. In today's fast-paced society, convenience stores will continue to play a pivotal role. For entrepreneurs, convenience stores are a business opportunity with great growth potential.

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