Retail Formats
Reviewing the Past Five Years of Convenience Stores: What Kind of Relationship Should Retailers Build with the Supply Chain?
Gong Yi operates for over 20 hours a day, yet daily revenue may be less than 1,000 yuan, barely covering costs—a true reflection of many convenience stores in lower-tier markets today. CCFA data shows that in 2023, 13,148 new convenience stores opened, with a net increase of 9,072. On the surface, the number of convenience stores is growing, but behind this is the pressure from discount formats like warehouse clubs and snack discount stores, forcing convenience stores to expand downward in search of new growth. Struggling to survive or even holding on at a loss may be more in line with the actual feelings of convenience store practitioners today.
弓羿