convenience store

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convenience store

a retail outlet offering customers the convenience of close location and long opening hours every day of the week.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

convenience store (C-store)

A retail store that sells daily purchase items such as milk and beverages and impulse purchase items such as snacks and small gifts,usually in conjunction with gasoline sales.Convenience stores are attractive investments because the IRS allows rapid depreciation over a 15-year time period rather than the normal 39-year period required of typical commercial real estate.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
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The report also showed that shoppers believe convenience stores and post offices have the most positive impact on local communities.
Aug 05, 2019 (China Knowledge) - In March, Chinese e-commerce operator Alibaba Group Holding opened a convenience store, called Yike EGO, in a shopping center in Shanghai.
With over 100 unique items, the on-board convenience store will cover personal and children care, food and beverages, games, skin care, electronics and others.
At the beginning of March 2017, there were 10,662 different convenience stores in Taiwan, with an average of one convenience store for every 2,211 people across the country, according to Statistics Department of the Ministry of Economic Affairs (MOEA).
Adnoc Distribution's convenience stores continued to generate higher revenues, resulting from increased footfall and higher rates of conversion from fuel purchases to convenience purchases in the fourth quarter compared to the third quarter of 2018.
United Pacific, through its retail convenience locations and its retail and wholesale fuel distribution network, has established itself as one of the largest independent owners, operators, and suppliers of gas stations and convenience stores in the Western United States.
'Our convenience stores still offer the cheapest rate, at between 10 percent and 20 percent cheaper than prevailing in these new convenience stores,' he said.
According to Nielsen's latest Shopper Trends report, while supermarkets increased in store count by eight percent, convenience stores are leading the expansion of the small store format concept in the Philippines, showing a growth of 20 percent in 2017.
According to the Economy, Trade and Industry Ministry's Current Survey of Commerce, the value of goods sold at convenience stores in 2017 increased roughly 2 percent from 2016 to about AY=11 trillion.
Mongolia is a promising market for the convenience store business with the number of people aged under 35 accounting for 65 percent of the total population, the Korean company said.
Not only would convenience stores that sell beverages take a hit, but so would beverage companies -- the most vulnerable of which could be Monster Beverages, which boasts 63 percent of U.S.
The Fair Trade Commission reported that 35,977 convenience stores were in business nationwide in 2017.